CapitalSource: Tremendous Opportunity or Value Trap? [View article]
Good job with removing some of the cloud cover including focusing on their problem areas.
In the recent past management has seemed to wear rose colored glasses too often. I believe the stock buy back authorization is merely PR for public consumption. I doubt this buy-back will materialize and for this reason does not reflect well on either management or the Board.
Stock valuation will languish until parent debt is under control.
CapitalSource: Tremendous Opportunity or Value Trap? [View article]
In the recent past management has seemed to wear rose colored glasses too often. I believe the stock buy back authorization is merely PR for public consumption. I doubt this buy-back will materialize and for this reason does not reflect well on either management or the Board.
Stock valuation will languish until parent debt is under control.