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%).


September 3, 2008 - Posted by | Uncategorized

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