Cash Store Financial Services Inc CSFS

Climax bottom today?

[wallabe_short]

I'm all in let's hope she holds 6!! Adding all the way down.

[soberinvestor]

This is an "ugly" slide IMO. Investors are trying to find a footing. Feels like an empty shell. Only fat next Qs profits providing for high bonds yields first and left enough for common divy can reverse the trend. Good luck to longs anyway.

[wallabe_short]

CRASH today!! It's over boys we're done for :(

[soberinvestor]

Could be volatile for months at least until they prove that this risky agenda works, means makes enough money for high bond yields and current divy. The last divy was paid off from issued bonds since $.06/share last Q’s profit covered only 1/2 of the dividend. Should this continue, taking in edition high bond yield now, they will be forced to at least cut if not eliminate common divy. That would

[wallabe_short]

Big volume cross today, possible big volume climax bottom.

[soberinvestor]

Good luck with that yet......

[wallabe_short]

My average cost is $6.15!! Back to break even plus I get the divvy.

[wallabe_short]

You need ballz to buy when the stock is printing a bottom. Buying at point of maximum fear.

[soberinvestor]

 buy when the stock is printing a bottom Absolutly right except you never know when the bottom is. Otherwise everyone would be rich already. Every stock has dips on way up and ups on way down. It just “bottoms when it bottoms”.

[wallabe_short]

CSF is up 15% from lows near 5.65. I had the guts to buy it down there. Contrats to all the REAL traders. I sold some today.

[soberinvestor]

As I said in my previous posts; with its brand new agenda it is a brand new company and it has to first gain investor’s confidence to sustain steady SP upward momentum.  

[wallabe_short]

I will buy in again around 5.80. I unloaded at 6.25-6.30

[soberinvestor]

  Good for you, you made a buck lately. I got out at around 7.30 and haven’t touched it yet. 5.80 hmmm…perhaps it’ll have another bounce over 6 but I don’t think the slide will end by then. It’ll take a while for this company to prove itself to shareholders and if dividend is chopped to cover high bond yields this stock will dive like a stone. It used to be a widows and orphans (dividend