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Friday, January 09th, 2009

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Posts Tagged ‘ ACF ’

Auto-Loan Companies (ACF, UPFC, CPSS) Stare Into The Abyss

Oct 29th, 2008 | By Andrew Snyder | Category: Stock Market Investing

It’s becoming clear that subprime lending wasn’t limited to the housing market. Companies in the auto-loan business are battling hard to keep their heads above water. Andrew Snyder says small firms like AmeriCredit (NYSE:ACF), United PanAm (NASDAQ:UPFC) and Consumer Portfolio Services (NASDAQ:CPSS) will struggle to survive.

Tags: ACF, Andrew Snyder, auto industry, auto subprime, Bankruptcy, bear market, CPSS, credit crisis, GJM, Gm, subprime crisis, UPFC, US recession, US stocks
Posted in Stock Market Investing | 7410Comments2008-10-29+19%3A14%3A50Andrew+Snyder

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