that is old and known news. There have been about 10 stories on that already. What's to stop TAXI from buying his 90 Medallions at a good price?
you really are an ignorant buffoon with low self esteem. You get self worth by bringing others down. Classic sociopath
from the 10K, not a single Medallion loan was more than 90 days past due. Commercial bad debt actually DECLINED year-year. You need to do a better job basher
The following table provides additional information on attributes of the nonperforming loan portfolio as of December 31, 2014 and 2013.
(Dollars in thousands)
Investment (1) Unpaid
December 31, 2014
$ — $ — $ —
Commercial (2) (3)
11,106 17,953 11,224
December 31, 2013
— — —
Commercial (2) (3)
16,760 23,938 19,566
CNBC story just reporting what everyone knows; Medallion values are down and they report the Q1 avg price of $800K. Nothing new in this story, bought back under $10. A stop saved me some money on this. This story looks like a hit job placed for the shorts
there are only 3 companies with AAA rating; JNJ, XOM, MSFT. Not even the USA has a AAA rating any more. That tells you what the agencies think of the JNJ debt load.
I think gold gets a $20 increase and silver $1 next week with the really weak employment number. HL could move to $3.30 on that.
funny that housing is still off the highs, but no report of a "plunge" there. Gives the massive short position a chance to exit. If they were smart, they would do that. 10% yield at this price point.
I only bought back 1K of my 3K position under $10. Let's see what happens here before buying more.
Hickman is a paid promoter of Lyft/Uber. He is a convicted financial felon and bared from financial activity in the State of Connecticut.
should get earnings report next week
90% of earnings are from non-Medallion segment. This is a very misunderstood company. The shorts are totally off base here. i think this moves to $11+ on the next fee weeks