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Thursday, November 1, 2012

CPSS might soon breakout!

Consumer Portfolio Services, Inc. (CPSS)operates as a specialty finance company in the United States. It engages in purchasing and servicing retail automobile contracts originated by franchised automobile dealers and select independent dealers in the sale of new and used automobiles, light trucks, and passenger vans. Read more here. With improved financials and overall state of economy I think CPSS is going to out perform. I entered it at $4.15 and am expecting it to touch $7 in the next 4 months. Here are its Key Stats and 3rd quarter results.

A general Caution and Advise - As I always advise in my posts, Do not chase stocks. please keep in mind that I am not a Stock Market Analyst or an Investment Adviser to count on my recommendations/alerts. As always please do your DD before investing or speculating, start with a small position, always keep your stop losses in place and emotions out. Finally thank me for your profits but do not blame me for your losses because you are the one who pulled the trigger!!!

1 comment:

  1. I am still a little cautious of any stocks in the financial sector.

    ReplyDelete

Who is Mr.Incredible?

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Mr.Incredible is a Momentum/Technical Breakout player who trades small/micro cap plays and who saw a 600% Growth since 2006, Yes even in this down market. I am going to post my real trades (including profits/losses) soon...As a general caution and advice Please start with a small position and always keep your stop losses in place just in case....As usual Do your DD before investing. Thank me for your profits and don't blame me for your losses because you are the one who pulled the trigger!!!