Its better they buy up at low prices for less capital, while they're on a mission to reduce shares on offer. When they stop buying, is when you want the results to speak to the market and sp rises on fundamentals. I only took a small parcel of these shares on Friday based on analyst reccomendations, and took an optimistic view that management aren't a pack of incompetent fools. Dividends could be sweet in the next few years, if we aren't taken over.
CIM Price at posting:
$19.30 Sentiment: Buy Disclosure: Held