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First Cash Financial Services Inc. Message Board

  • mentges mentges Sep 20, 2000 12:14 PM Flag

    Lotto? FCFS is a lotto ticket at $2.75!

    Actually, since the market is crashing, maybe things will look up for pawn shops . . .Can I be the first to call the oil recession?

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    • The loans you noticed are probably to pay for
      margin calls. The officers all bought stock on margin
      and as the price falls they continue to get margin
      calls from their brokers. The company is loaning them
      the money for the calls. Standard practice when the
      stock drops - most times I would have a problem with it
      but this stock seems to be terribly undervalued. It
      will come back, patience .......

 
FCFS
39.97-0.06(-0.15%)Aug 4 4:00 PMEDT