It's puzzling to understand considering the bad press around CIM that they continue to be awarded contracts of significant size.
Large corporations do not award contracts if they think the provider is about to/ or be nearing a bust, it's just not in their interest to do so! Either the recent accounting practice press is exaggerated leaving shorters to move in, or there are going to be a lot of major projects looking for others to complete them and with years of legal arguments and litigation.
Who's right? Is it all over hyped as most things are these days?
CIM Price at posting:
$32.12 Sentiment: None Disclosure: Held