Skip to main content
Message Font: Serif | Sans-Serif
No. of Recommendations: 0
MrArbitrage closed his short position. I still think it will get worse for them in the next year but will probably rally in the shorter term. They have a "major announcement" coming out this afternoon. I wonder what that will be. I don't want to be short today.

Longer term, I suspect that they will suffer credit downgrades which will increase their cost of borrowing and eat further into profits. That will hurt their profits in addition to the increased rebates and 0 percent financing.

Watch the debt and bad loans.
Print the post  


What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.