Chimera Investment Corp. (CIM)

21.18
0.04 0.19
NYSE : Finance
Prev Close 21.22
Open 21.17
Day Low/High 21.11 / 21.21
52 Wk Low/High 18.10 / 21.43
Volume 1.02M
Avg Volume 949.50K
Exchange NYSE
Shares Outstanding 187.16M
Market Cap 3.95B
EPS 2.00
Div & Yield 2.00 (9.47%)

My Chimera Plan

I will likely pare back some of the recent purchases if the stock moves over $3. In response to emails, Chimera (CIM) is rebounding on the relief on the interest rate front. I will likely pare back some of the recent purchases if the stock moves ove...

Altisource Residential Over Chimera

I far prefer Altisource Residential fundamentally over Chimera. While I still think there is a chance that Annaly (NLY) acquires Chimera (CIM), in response to a number of emails, I far prefer Altisource Residential (RESI) fundamentally over Chimera....

Added to Chimera

Small. I just bought small Chimera (CIM) at $2.77.

Win Some, Lose Some

Northwest Bancshares is a winner today, but Chimera continues to prove a disappointment. On the positive side of the equation, Northwest Bancshares (NWBI) breaches $14 to the upside. I am sticking with this name. On the other hand, mortgage REITs su...

Levels

Currently, only five out of 84 stocks I have mentioned in my diary are eligible to buy vs. five out of 82 in early April. Jerry (Jerry Seinfeld): (To Kramer and Morty) What is this about? Kramer (Michael Richards): I'm completely changing the config...

Chimera Is a Good Hiding Spot

It's a good place to hide in a volatile and uncertain market. Some good news at Chimera (CIM) -- it's a good place to hide in a volatile and uncertain market.

Recommended Viewing

Must-see TV! Lee Cooperman will be on CNBC's "Fast Money Halftime Report" with Judge and the gang. My guess -- and it is only a guess -- is that Lee will say the market is fairly priced. And perhaps he might mention two of my favorites, Chimera (CIM...

Portfolio Review

Here's a look at my current positions (long and short). I am long ProShares UltraShort Russell2000 (TWM), Monitise (MONI.L), SPDR Gold Trust (GLD), Chimera (CIM) and Northwest Bancshares (NWBI). I am short Berkshire Hathaway (BRK.B), Danaher (DHR), ...

Called Out of Chimera

I will be left with only common shares after Friday's options expiration. I will be ripping up my Chimera (CIM) $3.50 May calls on Friday's expiration, and I will be left with only the common.

That Was the Week That Was

Let's review. My look back at the week's daily diary highlights borrows its title from a popular 1960s BBC comedy show hosted by David Frost. I began the week by keeping a close eye on the economy and summarized that data have been disappointing. Wh...

Portfolio Review

Below is a list of my current long and short positions. I am currently long Chimera (CIM), Citigroup (C), Northwest Bancshares (NWBI), SPDR Gold Trust (GLD) and Monitise (MONI.L) And I am currently short SPDR S&P 500 ETF Trust (SPY), iShares Russell...

More Trades Today

I have added to both sides of my portfolio today. I added to Citigroup (C), Chimera (CIM) and SPDR Gold Trust (GLD) longs today. I also added to my shorts in Schwab (SCHW), Goldman Sachs (GS), Morgan Stanley (MS) and Berkshire Hathaway (BRK.B).

Portfolio Review

Here is a list of my current long and short positions. I am currently long Chimera (CIM), Monitise (MONI.L), SPDR Gold Trust (GLD), Northwest Bancshares (NWBI) and Citigroup (C). And I am currently short SPDR S&P 500 ETF Trust (SPY), iShares Russell...

That Was the Week That Was

Let's review. My look back at the week's daily diary highlights borrows its title from a popular 1960s BBC comedy show hosted by David Frost. I began the week with only five longs -- SPDR Gold Trust (GLD), Apple (AAPL), Monitise (MONI.L), Northwest ...

Today's Trades

Here's a recap of my actions so far today. I have been active in the following trades so far today: I returned to my index shorts in early-morning ramp. I continue to pick up more SPDR Gold Trust (GLD) on weakness. I added to Chimera (CIM) long. I a...

More Upbeat on Chimera

I purchased more today. I have spent the last hour updating my analysis on Chimera (CIM), and I am a bit more upbeat than when I started the refresh. I purchased more today. All good.

When the Facts Change

Chimera's business prospects are deteriorating with the interest rate rise. Chimera (CIM) is only a hold on a takeover, as its business prospects are deteriorating with the interest rate rise. Adjusted for the special and regular dividend, the share...

The Market Has Seen Its 2013 High

Friday's selloff was the first shot across the bow. Back to Friday's severe selloff: The bulls will not change their tune (buy on the dips, Randolph!), and the bears will not change their tune (the bull market has ended, Mortimer!). Somewhere in the...

Five Longs Left

They are GLD, Apple, Monitise, Northwest Bancshares and Chimera. My only longs left are SPDR Gold Trust (GLD), Apple (AAPL), Monitise (MONI.L), Northwest Bancshares (NWBI) and Chimera (CIM).

That Was the Week That Was

Let's review. My look back at the week's daily diary highlights borrows its title from a popular 1960s BBC comedy show hosted by David Frost. We began this Memorial Day-shortened week on Tuesday, when I presented the case to buy gold. In the past, I...

More on CIM

I bought small Chimera Investment (CIM) at $3 this morning. I have reduced fundamental conviction (owing to rising interest rates) in the name, but an Annaly Capital (NLY) acquisition of the company still makes sense.

Chimera Entry Point Changes

All because of interest rates. The magnitude of the interest rate rise reduces my entry point level for buying more Chimera Investment (CIM) to $2.90 to $3.

Not Buying More Chimera

The magnitude of the recent interest rate rise gives me pause. I am holding off buying Chimera (CIM) based upon the magnitude of the recent interest rate rise.

Chimera Picks Up Steam

And I am buying SPY puts. Chimera Investment (CIM) is getting jiggy. I am buying May $158 SPDR S&P 500 ETF Trust (SPY) puts at $1.15 now.

Pounce on a Panic

I see no urgency to buy until we see more selling. I have purchased for investment but two stocks in any meaningful way in the last month: Monitise (MONI.L) and Chimera Investment (CIM). Despite this week's market drop, the pullback has been relativ...

Out of Index Shorts

And I am holding a lot of cash. To make it clear, I am out of my SPDR S&P 500 ETF Trust (SPY), PowerShares QQQ (QQQ) and iShares Russell 2000 Index Fund (IWM) shorts now. I am holding a lot of cash. I have expanded my short bond position this mornin...

Buying Chimera

Being aggressive at $3.16. I am aggressively buying Chimera Investment (CIM) at $3.16 now.

That Was the Week That Was

Let's review. I have started a new end-of-week column that borrows from the title of a popular 1960s BBC comedy show hosted by David Frost for my look back at the week's daily diary highlights. I hope this relatively new column helps put the market ...

Cooperman's Calls

The investing icon selects his favorite stocks. At last night's Portfolios With Purpose contest, Omega's Lee Cooperman selected these stocks: Crocs (CROX), Chimera Investment (CIM), Brazilian health care company Qualicorp, Monitise PLC (MONI.L) and ...

Adding to Three Longs

Namely, Chimera, Apple and Northwest Bancshares. I am adding to Chimera Investment (CIM) at $3.15 and to Apple (AAPL) at $431.80. I am also adding to Northwest Bancshares (NWBI) at $12.35.