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Chimera Investment Corporation Message Board

  • yp_chad_yucaipa yp_chad_yucaipa Apr 23, 2013 10:09 AM Flag

    What is going on?

     

    What the hell is happening today? Market up over 100 and CIM down 1%. Hate when that happens for no reason.

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    • Until more financial revelation occurs, this will happen. Once the financials are out there, CIM starts moving big time!

      Sentiment: Buy

      • 1 Reply to bizmaven99
      • moving big time from here? with CIM's P/B = 1.08? that's a premium over NLY, AGNC, MTGE, TWO, HTS, ANH, IVR, CYS, ARR- I actually couldn't find a mREIT, hybrid or otherwise, with higher P/B.

        of course I'm just looking at yahoo stats so maybe you could share your analysis of what may drive book value higher faster than the competition? Withouth that, I would not expect CIM to outperform the mREIT sector

        likewise CIM's yield is closer to the bottom of those in my list above. Since "low yield" can translate roughly into " low risk" I'd argue CIM shareholders should not expect a big up by filing further financials , as a lot of the "risk" premium has already been priced out of CIM, seems to me

        although I would be happy to hear counterarguments

        I currently have no position in CIM, sold a while ago at 3.19 moved it into MTGE

 
CIM
15.70+0.28(+1.82%)Jun 30 4:00 PMEDT