Dave Gore's Trades That Make Sense Message Board

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Strategies & Market Trends : Dave Gore's Trades That Make Sense

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To: Dave Gore who wrote (11447)	8/19/2002 4:10:36 PM
From: Dave Gore	Read Replies (2) of 16631

ACF --- Don't forget to watch this guy. It is the wildest stock I have ever seen considering it's very stable and strongly growing earnings. I know their subprime lending business is a little risky, but they have proven over and over that they manage it well. Increasing earnings for 7 quarters in a row, I believe, maybe more. I am not sure what they have to do, as they beat YOY earnings by 35% recently and the still tanked. LOL! Incidentally the demand for subprime loans has been increasing. Low interest rates environment (which looks to continue) sure isn't hurting matters. Last Nov. ACF steadily marched from $13 intraday to $46 as the same concerns that are being voiced now subsided. Earnings this year are expected to be $4.40 - 4.60. You do the math with the stock at $14. I keep hoping it will pullback but so far it is just gaining confidence. Ditto CCRN with a very low PE (healthcare staffing field) that recently tanked due to a rather silly rumor.

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