one of my critiria for buying stocks is insider buying.They know the true valueof their stock,not the analysts nor peoplewho give their opinions on message boards.
Sorry friend, it just doesn't work like that. The price is set by what investors are willing to pay for it, which unfortunately in the case of CIM is less almost every day.
This can be misleading. Sometimes what shows up as purchases are actually part of a compensation package. Sometimes a person sells because they are overweight in their holdings.Recent purchases by IVR insiders I find to be miniscule and not really very indicative of support (since insiders own only .10% of the company.)Good luck though!
my 2nd criteria is institutional ownershipetc just bought 8000 shares at 2.96
Well, did you happen to look at the CIM insider buys? They are significant and substantial.It doesn't mean that they aren't wrong, but it does mean that they believe.