Delighted to see CIM rise very strongly today. It last hit strong support around $28 in late 2016 and went on to rebound up to $50 within 6 months. Having announced the Middle East writedown it recently plummeted to test $28. Now all the news is out and its annual results and forecast are sound- and the CEO has fallen on his sword- I suspect there is every chance of seeing $50 again this year. Only my views of course but I am so pleased I got in when i did. Good luck to everyone!!
CIM Price at posting:
$29.97 Sentiment: Hold Disclosure: Held