I'm holding some CMS with a cost basis near current levels and feel that the asset sales as well as the earnings' report bode well for a stronger balance sheet. I added some at 19.98 today and was pleased to see the upgrade after the market close. We probably have seen the lows in this stock...imho
I never thought I would be happy owning this stock after the horrible year it had but after todays news I agree with you.It seems that they are back on track. Wallstreet seems to be focused on debt and I think that is a good thing. It seems to be forcing companies like CMS to clean up the balance sheets and I think it will benefit shareholders in the long run.