Jeez it's looking mighty tempting to get in at 62c... It seems to have found a floor. The results weren't good, but they weren't worse than expected.
I think it's up from here. CIM will either sell out, or the share price will start to perform - I don't think anyone has any real expectations from management!
Anyway - it seems a bargain, and these things eventually sort themselves out. The company doesn't have much debt, and in my experience, 99% of the time it's debt that undoes a company.
DVN Price at posting:
62.0¢ Sentiment: Buy Disclosure: Held
