Fundamental Trading Diary

Fundamental analysis of the capital markets

Advance America, Cash Advance Centers (AEA)

This is another recession play – Advance America, Cash Advance Centers is exactly what it sounds like.  It’s more highly leveraged than its peers, but not overly so – debt/equity is barely over 1.0.  Dividend yield is sitting at 10%.  I’ve entered in a small position (1%).

Advertisements

September 3, 2008 - Posted by | Uncategorized

No comments yet.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: