This is a company that I have watched for years but have never traded. IMO, and only my opinion, its a sneaky company. I have always marveled at how they make their numbers. Me thinks..... they have a portfolio of sub-prime loans that is in big trouble. But for some reason, they have always seemed to have deep pockets. (I never trust Companies based in Virginia) (lol) I also drive buy one at least a few times a week and always do the Peter Lynch look around. Never busy. Never. And you can tell when they have customers because the customers are forced to walk around the lot so you can see em. For the last few years, a big portion of their revenues have been auction sales.... I know a little bit about cars.... and used car prices are at all time lows relatively speaking. Thats not govt data.... thats me. I know cars. So I think it reports, and hopefully it will spike up.... I'll give it a few days, feel the vibe, and then get some deep itm Puts on the b*tch. More to follow.
Well, after studying all I can find, I foresee it as being a boring stock to trade going forward. My bad. False alarm. Will be fun to watch the open today though after they report. Sorry to moderators for initially posting this under trading. Still green here. PS.... Any rock and rollers out there, check out a song on the chitchat forum under annaland's song of the day and hit me with some opinions if you feel so inclined. thnx