More on Calamos Asset Management (CLMS) Q4 earnings: SA Pro author Thomas Lott tagged Calamos as...

|About: Calamos Asset Management... (CLMS)|By:, SA News Editor

More on Calamos Asset Management (CLMS) Q4 earnings: SA Pro author Thomas Lott tagged Calamos as a classic "cigar butt" Buffett investment - not a fantastic business, but extremely cheap, loads of cash on the balance sheet, and awaiting a signal from management that it's interested in unlocking value. Is today's 3M share repurchase announcement a start?