Thu, Apr 24, 2014, 5:26 AM EDT - U.S. Markets open in 4 hrs 4 mins

Recent

% | $
Quotes you view appear here for quick access.

Providian Financial Corp (PVN) Message Board

  • catspaw33129 catspaw33129 Dec 8, 2002 11:37 AM Flag

    PVN $9.00

    In early Feb 2003 PVN should be around $9.00 in my opinion. Excellent changes have been made in operations and great new management team who made changes in 2002 will benefit future results and growth. Also, a takeover attempt may come into play in early 2003.All bad news is out and many repairs have been made.

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • I agree.

      PVN could go to $9 a share even without a buyout as in January when both Houses of Congress are Republican the Bankruptcy Bill which had been languishing in the Senate for the last few years because of a Democratic majority, will be finally passed. Individuals will become more responsible for paying off their debt. The free ride will be over for those that say "Yea, I ran up my credit card bills to get everything that I want, and now I am going to declare bankruptcy and those credit card companies will just have to eat my balance."

      When the Bankruptcy Bill passes the earnings will probably double and quite frankly that is a conservative estimate.

 

Trending Tickers

i
Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.