Monday, April 4, 2011

CIM (Chimera Investment)

This real estate investment trust recently had a dividend which it will pay in April.  The stock price dropped and I am hopeful that it will go back up quickly.  Based upon the historical chart the price generally goes back up within one month of the dividend ex-date.

However I am hopeful it will go up quickly because I would like to sell my shares without taking a loss.  Then I can use the funds for other stocks.

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