CIM has been showing support around $2.20 and resistance in the 2.84 price range. It is rated buy at stoxline website with the $3.32 target price in six months.
I'll be more impressed with upswings on high volume if occurs next week and after (post ex-div)
More like High Volume on Downswing after Ex days is normal!
CIM will trade ex-dividend on9/27, for its quarterly dividend of $0.09, payable on 10/29/12. As a percentage of CIM’s recent stock price of $2.81, this dividend works out to approximately 3.25%.