Medallion Financial Corp. (NASDAQ:TAXI)

CAPS Rating: 2 out of 5

A finance company that has position in originating, acquiring, and servicing loans that finance taxicab medallions and various types of commercial businesses.

Recs

1
Player Avatar ThePortMgr (85.60) Submitted: 8/27/2008 4:45:46 PM : Underperform Start Price: $10.25 TAXI Score: -10.86

Stock is up way too much today on nothing...simply James Altucher mentioning it on CNBC. Is that worth an intraday $1 move? NO Way! In addition people somehow are confused that HMR's bid for the Cubs is a positive for the company. I'm scratching my head on that one. I'm a seller down to the 9.75 level.

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