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Strategies & Market Trends : Value Investing

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To: Spekulatius who wrote (29050)11/20/2007 11:40:05 PM
From: Spekulatius  Read Replies (1) of 78783
 
Out FLDR& ADVNA. Added to COV and CIT.

not sure why CIT got hammered today, maybe the retirement of the vice chairman. from a balance sheet point of view, they appear to be out of the woods - they reduced their dependency from commercial papers, received some liquidity for their mortgage holding and boosted cash. So as long as the commercial lending business does not fall apart, they should be OK.
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