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Capstead Mortgage (CMO -1.3%) can't hold onto last night's post-earnings bounce as management...

  • Thursday, October 25, 2012, 10:32 AM ET
    Capstead Mortgage (CMO -1.3%) can't hold onto last night's post-earnings bounce as management (earnings call) pours cold water on ideas of a buyback. Calling it a short-term perspective, CEO Andrew Jacobs has faith there are more profitable ways for the firm to deploy capital.
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    if andrew thinks he can make me more money by doing something other than a share buyback, then i believe him. Not blind faith mind you, but i will take him at his word.
    25 Oct 2012, 10:35 AM Reply Like
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