Tag: Ho Hum: Cash America Fined $5M Plus Reimbursements

21
Nov

Whoop dee do: Cash America Fined $5M Plus Reimbursements

Whoop de doo!  Wow! $5M in fines and $14M in “payback.” Cash America (CSH) had $46M in net INCOME for the 3rd quarter 2013. This will devastate them. Buy CSH; go long… This is OLD NEWS! CSH discussed their Ohio issues as early as last December. They already began issuing “reimbursements.” So their stock takes a big hit! Only the “little” guys failed to see this coming. Enova, their ecommerce platform is “killing it.”

Guys, if the media is reporting it today, you know this is of little consequence and already factored into the stock price.

Read The Washington Post article article anyway.

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