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Strategies & Market Trends : Value Investing

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To: Jurgis Bekepuris who wrote (27717)8/10/2007 8:31:11 PM
From: Paul Senior  Read Replies (2) of 78714
 
CRMT, I'm with you on that one. Sold; waited for drop to buy back; now that it's dropped back not so confident (and there are other opportunities for funds). I believe I'll pass.

Nice summary by a128 on buy-here-pay-here business model. On the one hand--- the viability (growth) of that business just seems so iffy now. (And the people in it always have seemed that way ('iffy'-g-).) OTOH, the stock has been a profitable performer for those who bought when it was first mentioned here a few years ago (around $3/sh. if I recall correctly), and recently too as a trade.

Also nice summary imo on Americredit (ACF), a128. I hold a few shares from back awhile. I'm not suggesting it as a buy now.
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