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Bullboard - Stock Discussion Forum Cash Store Financial Services Inc CSFS

NYSE:CSFS - Post Discussion

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Post by soberinvestor on Feb 09, 2012 3:05pm

Risky agenda

CSF is totally changing its model from low overhead low risk to vice versa hoping to reap higher profits. New agenda is untested yet so extremely risky. High interest bonds won’t help it instead they may exploit most if not all profits. The above is reflected in gradual SP decline.
Comment by wallabe_short on Feb 11, 2012 12:40pm
I'm buying down to $6 - great dividend, company is makig money, RECESSION will drive more and more people into payday and high risk loans. Beats buying this thing at $20 as I'm sure some did!!   Look what is going on in UK, where they are expanding:   Food bank use rises dramatically in Britain By Dennis Moore 9 February 2012 Tens of thousands of Britons are struggling to make ...more  
Comment by wallabe_short on Feb 13, 2012 6:55pm
Nice buying today, buying on weakness. I was buying too. Decent pop.
Comment by Stocker46 on Feb 17, 2012 1:24pm
"Buying down to $6" ........... I'll be buying below $6. No doubt there's potential but IMO it will trend down between now and the next quarterly results  ..... and won't start moving up until we see a GOOD quarter that's signifiganly better than what the market is expecting.