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Stock to Watch: Chimera Investment Down 0.7% (CIM)Nov 10, 2011 (SmarTrend(R) Spotlight via COMTEX) -- Chimera Investment (AMEX:CIM) is one of today's worst performing low-priced stocks, down 0.7% to $2.74 on 0.4x average daily volume.Thus far today, Chimera Investment has traded 4.3 million shares, vs. average volume of 10.1 million shares per day. The company traded 12.1 million shares yesterday. In the past 52 weeks, shares of Chimera Investment have traded between a low of $2.38 and a high of $4.34 and are now at $2.74, which is 15% above that low price. Over the past week, the 200-day moving average (MA) has gone down 0.6% while the 50-day MA has declined 0.5%. Chimera Investment Corporation is a specialty finance company. The Company invests in residential mortgage loans, residential mortgage-backed securities, real estate-related securities and various other asset classes. SmarTrend is monitoring the recent change of momentum in Chimera Investment. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Chimera Investment in search of a potential trend change. Write to Chip Brian at [email protected] --------------------------------------------------------------------------------------------- SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.MySmarTrend.com Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.MySmarTrend.com/signup |