CIM - Chimera Investment Corporation
Chimera Investment Corporation is a specialty finance company that invests in residential mortgage-backed securities (RMBS), residential mortgage loans, real estate-related securities and various other asset classes. The Company is externally managed by Fixed Income Discount Advisory Company (FIDAC). The Company's targeted asset classes and the principal investments it expects to make includes RMBS comprising agency and non-agency RMBS, residential mortgage loans consisting of prime mortgage loans, jumbo mortgage loans, and Alt-A mortgage loans and other asset backed securities (ABS) consisting of debt and equity tranches of collateralized debt obligations (CDOs), commercial mortgage backed securities (CMBS) and consumer and non-consumer ABS.
Mutual funds need to buy in large size blocks and may take a position in a security over the course of weeks and months in comparison to the retail trader who is able to get into and out of positions on a daily basis if he or she so chooses. Stocks listed on this page attempt to guage which stocks are getting broad based buying by the institutions based on sec filings. These may be interesting to watch but since large mutual funds are not afraid of averaging down, you may see these sometimes drifting lower. One technique for these stocks is to simply keep an eye on them and if they suddenly come to life, you will know they are now in play.