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Chimera Investment Corporation Message Board

  • eddiepetedan eddiepetedan Mar 12, 2013 8:09 AM Flag


    I know a lot of you guys are short and want to slam the stock but there are three things that make me want to invest my capital in CIM--1. Leon Cooperman bought 50,000,000 shares, 2. Jon Najarian recommends it, and, 3. There are two lines buried in the 10K saying that the company will pay 9 cent dividends in both the first and second quarters of 2013 --that's 18 cents over the next four months or approx $100,000,000! You don't payout $100,000,000 in divs unless you're pretty darn sure that you're in really good shape. $100,000,000 divs equals a ton of confidence on the Board part and I'm sure was disclosed in the 10k only after consulting legal. For those who follow Cramer, he likes it too. I'd like to hear what I'm missing from the shorts?

    Sentiment: Strong Sell

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