Consumer Portfolio (CPSS) Overbought! Message Board

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Strategies & Market Trends : Consumer Portfolio (CPSS) Overbought!

CPSS 8.400

+2.9%

Oct 31 9:30 AM EDT

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To: Arthur Marigold who wrote (77)	9/26/1998 10:58:00 PM
From: MR. FISH	Read Replies (1) of 112

Arthur, I have been in the car business for seventeen years and there are only two solid sub-prime lenders out there. CPS & Americredit. They both have very consistent buying practices and seem to be well backed. Most recent news out from CPS shows me long term ability to supply auto dealers with sub-prime lending support. They will be in this game for a while. Unfortunately it looks like the real culprit to the decline of this stock value is due to the volatility in the market in general and the fact that some lenders come and go in this game. I understand the huge profit potential here and CPS is capitalizing on that and will continue to grow. No doubt in my mind. Look at the recent up trend it is taking. Something good is up, I have a very good feeling. Mr. Fish

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