According to their last qtr report CMS has nearly 700 mil in cash in the bank. So why do they feel CMS should make another offering at this time ? I don't get it.
How do you spell DILUTE?C-O-N-V-E-R-T-I-B-L-EThat's why the stock is way down in an otherwise UP market and with heavy volume.
Just goes to show you. When a company starts to put its house back in order and does the things it NEEDS to do, like take advantage of low interest rates, the market views it negatively.