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Pure & simple, this company requires cheap, loose credit. Its entire raison d'etre is dependent on it. You can spin the numbers all you want (dropping provisions for losses in this environment!), but its days are numbered. Simply put: it can't make money under these conditions. And these conditions will not change for a decade. Best short since LEND...Ah the good ol' days.
Rating :
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Messages in Topic
| Subject | Author | Rating | Time of Post (ET) | ||
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Fundamental premise of company now invalid.
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fiduciaryhu... | (2 Ratings) | 19-May-09 10:55 am | ||
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Something tells me you are loosing your a$$ shorti...
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lickylickyb... | Rate it | 19-May-09 05:49 pm | ||
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Something tells me you haven't thought throug...
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pdxcharlie | Rate it | 19-May-09 08:59 pm | ||
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There is no question that the original s...
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crlightner |
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20-May-09 09:53 am | ||
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My god, an honest for goodness thou...
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pdxcharlie | (1 Rating) | 20-May-09 09:24 pm | ||
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This is a very simple answer.....
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temporary89 |
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20-May-09 10:08 pm | ||
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If you leverage a faulty ...
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pdxcharlie | Rate it | 21-May-09 02:44 am | ||
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Faulty Premise?
A...
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temporary89 | Rate it | 21-May-09 09:37 am | ||
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ACF is an extremely ...
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sublimesubp...
Online Now
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(2 Ratings) | 22-May-09 09:08 am | ||
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I disagree. Hav...
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surv1voor | Rate it | 15-Jun-09 05:02 pm | ||
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I totally concur with your wel...
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joeytheghos... | (1 Rating) | 16-Jun-09 10:27 pm | ||
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We don't need to lend. ACF is closing up and disbu...
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besterman20... | Rate it | 20-May-09 10:06 pm | ||
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Who is going to lend them money?
Try the govern...
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temporary89 | Rate it | 21-May-09 10:04 am | ||
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Yikes! Let's see, amidst your folderol, you h...
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pdxcharlie | Rate it | 21-May-09 10:33 am | ||
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Ummm... they will have access to the fed...
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temporary89 | Rate it | 21-May-09 11:03 am | ||
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What we have here is a failure to c...
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pdxcharlie | Rate it | 21-May-09 11:21 am | ||
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So you think unemployment is g...
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temporary89 | Rate it | 21-May-09 02:10 pm | ||
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Americredit is NOT Accred...
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gpawx3 | (1 Rating) | 20-Jul-09 05:00 am | ||
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Cramer's slogan is "...
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sublimesubp...
Online Now
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(1 Rating) | 24-Jul-09 12:14 pm | ||
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Well it is about half time. A...
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temporary89 | Rate it | 12-Aug-09 09:44 pm | ||
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On May 21 you said in 6 months...
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temporary89 | Rate it | 22-Oct-09 12:20 am | ||
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Hey pdxcharlie, you lose!!!
...
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temporary89 | Rate it | 12-Nov-09 11:27 pm |
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