Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: Madharry who wrote (29355)	12/21/2007 9:22:23 AM
From: Paul Senior	Respond to of 78717

I don't recall Finova. Who knows how safe anything is? Is it possible none or only a few of the big lenders' stocks will recover? Somebody is going to survive and thrive. (CIT? Who knows?) Country still needs financing to keep economy moving. I sold my CIT shares to Tyco when they bought it, and I bought back the shares when it was later spun out from Tyco. I'm willing to take a chance again on CIT as it gets chewed up now. For a few share bet. Yes, if somebody is keeping a concentrated portfolio, I don't see how they can have the confidence to make CIT or any of its ilk a substantial bet, unless they are intimately familiar with such a company. More familiar to it than the analysts who were following Finova.