Look, NLY is the management company, lQQkit NLY. Do you think NLY wants their verasity questioned by hiding bad news. I assure you, the quality managers that run both NLY and CIM are working hard to get the info to us regarding their dividend and strength.
I am sure, that using a new accounting firm is the reason. I don't believe NLY would allow finding a negative, and changing accounting firms so the trasition could hide it til NLY got out. (including insiders)
Everyone got the dividend and 10,000,000 shares could be the reinvested dividends Mine filled in at $2.29 then in the afternoon some big holders dumped 22,000,000 shares roughly 2% of outstanding shares Of cource it went down this is another buying oportunity
Panic selling due to criminal rumor that div would not be paid today. SEC probably too under-manned to investigate and effect action.
If you get a response from CIM management, be sure to post. Problem is actually with Deloitte.
There is no way 5x normal volume was due to a SA article of any variety. I would suspect a large instiutional investor hit a trigger price and said, ok, we're done here. (Or inside information was leaked to some big boys, but I am avoiding conspiracy theories at this time. Could be proved wrong tomorrow though!)