Suspect it may drop a couple dollars more. But then will start tracking back up above $30. Finally taking the long coming hit removes uncertainty that will be welcomed by analysts/instos.
My theory is that old mate Scomo and Frydo are limiting gov spending to get points for balancing the budget but then also so they can unleash a ton of spending on new infrastructure projects come next election. Which should work out well for CIM.
CIM Price at posting:
$28.03 Sentiment: Buy Disclosure: Held
