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

To: Bart Hoenes who wrote (53991)	6/9/2014 12:12:31 PM
From: E_K_S	Read Replies (1) \| Respond to of 78628

Good point on the increased auto financed loans. One of the only reasons auto sales were so large last quarter is that the lending standards for auto loans were reduced. I am not sure which companies have the most exposure but it's just another possible land mine if/when credit issues hit again. FWIW, I like GE if/when they spin off their financing arm. A lot of the same reasons is the amount of questionable debt that the company carries from sub-prime loans. It's not clear to me just how much of the total debt is even good and/or how much needs to be written off. A GE w/o their financing division to me looks like a good growth candidate and depending on how the market prices it, may even be a value candidate. I do own some GE that I bought in the mid teens during the 2009-2010 crash. I have sold about 50% of that and waiting for the spin off to deploy those proceeds into the new GE. EKS