Advance America, Cash Advance Centers (AEA)
The Company is a provider of payday cash advance services in the United States.
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If I wanted a short-term loan like these. I'd go to a loan shark. They just abuse stupid people.
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That short squeeze was IMPRESSIVE! I was a little early with this red thumb...but it won't be long before my pick turns GREEN!
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Excellent stock to short. We wont even get into the sleeze/slime factor, the conventional wisdom that a falling economy will help these businesses is dead wrong this time. THIS time around customers simply WONT HAVE checks to cash and will walk away from any loans just like home owners are walking from mortgages. Also, belt-tightening severity will soon reach that tipping point where cost of the service is too high. This will be then next financial sector domino.
Another good one to short is RentaCenter (RCII).
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financial services
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Visited one the the stores and employee of the company was every unprofessional group i every tried to do business with. this stock is not worth your time. with the service i received it's going to be going down the drain.
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credit card service
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Faces disruptive competition from online lending
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govt may look into price gouging because of military families in hock.

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