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Chimera Investment (CIM) investors will have to wait at least another month for audited...

Chimera Investment (CIM) investors will have to wait at least another month for audited financial statements as the company receives another extension (until March 15) for continued listing from the NYSE. The company has yet to produce its 2011 10-K and all subsequent quarterly reports. (PR)
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Comments (3)
  • GlowWorm
    , contributor
    Comments (25) | Send Message
     
    Disclosure: I'm (very) long CIM

     

    SA friends,
    I was always a believer in CIM, although they couldn't meet SEC-requirements.
    Now, I can't believe that a serious company, at this moment, still can't produce its figures over 2011!
    I've lost all faith in my "dividend-friend" CIM and I'm going to sell my position at start of trade tomorrow!

     

    So, as of tomorrow I will be neutral/short CIM.
    14 Feb 2013, 06:38 PM Reply Like
  • wannerrunning
    , contributor
    Comments (2) | Send Message
     
    This company start looking like our government,can't account for what they don't want.
    14 Feb 2013, 08:16 PM Reply Like
  • exspook
    , contributor
    Comments (19) | Send Message
     
    As I mentioned earlier, what are they using to figure out there financial results - an abacus? I now have a minimal position in this stock and am beginning to wonder why I have any position at all.
    14 Feb 2013, 08:51 PM Reply Like
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