even a couple of months ago, before the explosive diarrhea hit the fan at warp speed, CYS struggled to move up, staying way below book value. even after major insider buying at $12, the #$%$ thing barely moved. CYS is so far down the staink hole, i think it's going to emerge in china.... technically making it a chinese stock. ...and i wouldnt touch anything on the #$%$ stock market. but i digress.
clearly CYS is oversold....... but that's of little comfort. management seems optimistic (based on their recent financial conference presentations), but they were undoubtedly optimistic when they bought shares at $12.00.
lucky me.... i own it at $11.99..... what a steal. ooofah.