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Strategies & Market Trends : Mr. Pink's Picks: selected event-driven value investments -- Ignore unavailable to you. Want to Upgrade?


To: TraderXx who wrote (3485)10/4/1998 5:06:00 AM
From: Mr. Pink  Respond to of 18998
 
7 3/4....Didn't think it ever traded there. Real book if you appropriately haircut their balance sheet is under 3 bucks....Stock should trade around book.....Origination of auto loans is worth shit. Other public company CPss is going bankrupt....so could acf.

It's official...ACF is a T3/F.

Mr. Pink



To: TraderXx who wrote (3485)10/4/1998 1:24:00 PM
From: Spunky Beaver  Read Replies (1) | Respond to of 18998
 
I went short ACF Fri morning (on a hunch ;-) and best I remember I went short at 10 3/16 and that was the 52 week low at that minute. So I no understand how you got clipped so baaad at 7 3/4 the day before. Change Brokers!