Chimera Investment Corporation New (CIM) Options

under book adding here

Adding on myself, got around 1200 shares now want to get to 2000, bit by bitl

Under book value and +13% dividend, no where to go but up it would seem, going to add a few shares under 10

I don't spend a lot of time posting on boards, so forgive me for being a bit late with this one.
The time to buy a stock is when it is down. The time to sell it is when it is up. That is what I know about investing. so far it has worked out fairly well for me. to sumarize: Buy low and sell high.

Chimera Declares First Quarter 2021 Common and Preferred Stock Dividends https://finance.yahoo.com/news/chimera-declares-first-quarter-2021-211500251.html I love this stock !

All my portfolios down big today except CIM. What more can you ask more earning Dividend & Yield 1.20 (10.20%)

Check out ARR jakec21, same thing happened to this stock ... Never said I was selling any of my stocks, but still think will never be what it was before Covid... But I too love the dividends & will keep buying both ...

Boy I love this stock I owned a long time ago. I never worry about the stock dropping in price. The more it drops in price the more shares I will accumulate during dividend re-investment. Earning $720 plus every quarter @ 2k shares & re-investing via DRIP.

Your comment was to the effect that this stock will never recover. I said that if you believe that you should sell your holding and get out, meaning "while the getting is still good." I stand by that. I am holding a fair position in this one and personally have no desire to sell, but then I don't believe it will never recover.

Now come on trkyhntr. U don't sell stock after a big stock drop ( I'm sure u know that don't u ) I have thousands of shares. It's called income averaging, the more it drops the more u buy. I hate the drop, but i like the dividends. ( check out ARR ) same thing happened to that stock. Have a great New Year....



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If you believe this you should stay away from this stock. Sell your shares if you hold any.

NEVER GOING TO RECOVER >>>>

One of the nice things about this stock is that since I have it in dividend reinvestment I accumulate a lot of shares at this level. When it does recover, and it probably will, those cheaper shares will mean something.

I sure hope so Tele!

[color=red] Is CIM ever going to get back to the yearly high of 23 ????????????[/color]

Yep, MBS REITS and value oriented stocks are real buys trading below book value.

Actually trading at 50% of book value.

Like It Adding More, Trading under BV

Chart appears on CNBC:
https://image.cnbcfm.com/api/v1/image/106452307-1588018026584202004027lookingforabottomclose.png?v=1588018047&w=900&h=506

I wonder when we r coming off the LOWS ?? SOON i think . & HOPE ....

I think we are at bottom around now... short term anyways.. someone bought 237,000 shares at $7.50 after hours today so that has to be a good sign :)

I wonder if a bottom has been reached.

Billionaire investor Leon Cooperman told CNBC on Friday he’s optimistic that the stock market has bottomed on coronavirus fears.
“If I’m right on the virus call, if I’m right and that’s the big ‘if’ ... I think the market at the recent low ... was close enough to the bottom to be called the bottom,” Cooperman said on “Squawk Box.”


https://www.cnbc.com/2020/03/27/billionaire-investor-leon-cooperman-i-believe-the-stock-market-may-have-bottomed-on-coronavirus-fears.html

I added to my position in this stock on Tuesday and Wednesday. It has come up nicely, and we are approaching ex-dividend date. Unless they eliminate the dividend in the next few days, we will get a nice little bonus.

lol, yeah that is a tough one, but someone has to do it.

This is just a horrible investment for people who are retired. Finding ways to spend the income from it is stressful.

Past a three year high today!!!

Broke thru the $20.55 resistance. Looking good!!

Well, so far since I put CIM into dividend reinvestment, it has done fairly well. In one account I bought 400 shares and now have just over 456 shares.
This works out to about 14% increase in number of shares, and the price per share has gone up, albeit not all that much, but with the share price increase I am up over 24%. True, it isn't a two-fer, but it is much better than a CD from my local bank.

I bought 124 shares in '15 and 170 in '17. Now have 409 shares using DRIP. Also seems to have a pretty predictable range. 18.50 being a good buy point and 17.00-17.25 the rock bottom buy point. Looks to be at it high right now though.

This is a great company to do dividend reinvestment with. Figure the interest rate divided into 72 and you can see how fast your investment doubles. Is 6.8 years fast enough?

Yep, should have left my money in a savings account..lol

Still paying that boring 10.74% dividend. Ho hum.

Boring stock. It goes no place really fast. Who the heck wants a 10% dividend anyway?

Found it in an article on Yahoo.

https://finance.yahoo.com/news/chimera-investment-corporation-prices-public-220000518.html

Apparently it wil yield 7.75% dividend. It seems like the common stock is a better deal right now. The ex dividend date is Sept. 27, so I am adding some shares today.

CIM: Chimera Investment Corp. Preferred Stock Series C has a ticker on the OTC: PRBPP:

http://otce.finra.org/DLAdditions

Interesting! Thanks for sharing.

Risk is probably my other middle name and I challenge myself daily in that area.

At least 90% of my investable cash (stocks, specifically) is invested in higher yield stocks. I'm 78, in fantastic health and without debt weighing me down other than for margin utilization which I always cover with cash on hand and readily available with the flip of a switch.

Passive income with current investments comes to $70,500/yr. However, I ordinarily strongly outperform passive income via trading---no day trades, however.

I've been very fortunate, no question about it.

Still, CIM is fun because it's so damned boring yet sustainable and rewarding for holders.

I try to apportion my portfolio in several categories. My goal is to have 10-20% in things I think will grow steadily. Probably my best single investment in that category is the Fidelity Growth Company fund. At my age, I want 30-40% of my stocks to be dividend payers. Most of the rest of my portfolio will be in cash, most of the time. This is especially when the market is up as it is today. All of my dividend paying stocks are in dividend reinvestment. Chimera makes up about 1% of my portfolio of stocks.

Some insider buying/aquisition of common shares. Five directors. See the change in beneficial ownership statements.

Agreeing with you on CIM. Held it very profitably for years until just recently when I had to chase a stock I was positive would break out. And it has done just that and continues to outperform CIM.

More than likely I'll be back into CIM, however---extremely well managed and a winner in all respects, at least for me.

I see this stock as something worth owning, and I do. The company makes money, and pays a huge dividend. I have it in DRP, and have more than doubled my holding in CIM in the last six years. No, it is not a rocket, but one can make money in such stocks.

Your post doesn't have anything to do with CIM and doesn't belong here.

And someone once said he had but one life to live.

You have your units and I'll assume it's profitable for you to remain a unitholder.

Live that piece of your life in dignity and courage for only you made the decisions leading up to this point in time.

Thanks alot.

I've read your posts on NGL and ALDW. I've bought/sold ALDW for several years but only have 1.7K shares now.

That has to depend upon both reasons to assume it's a safe buy and also how much cash you have available to place on a pick losing ground.

The market knows more than we tend to grant. When I see a holding drop, I've got no business viewing the drop solely as a buying opportunity. The drop might just be deserved.

In my case I've got two stocks rocketing. I've got no money for more speculative plays.

Let me suggest you step back and make sure you see all that's on CIM's plate before launching or adding.

Good luck!

How low do you think CIM will fall before it's time to buy?

This has been a great pick for me..... no complaints on this end.

Lower, probably.

Where is the bottom

Some analysts are warning us to take our gains and save our burros.

I don't agree. All skies develop clouds, not necessarily ushering in nasty storms. I'm prepared to accept a bit of foul weather now and then.

Thanks. Good luck to all of us

3/29 is the ex-D date provided by Ameritrade.