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7 pts

Opinion on  Advance America Cash Advance Centers Inc (AEA)     Sector: Financial  >  Industry: Consumer Financial Services
Bullish on AEA ...

Apr 01, 2009 12:18 PM GMT
Foto
Return Risk
-24.55% HIGH
Principal

Advance America, Cash Advance Centers, Inc. provides payday cash advance services in the United States, the United Kingdom, and Canada. Its payday cash advances include small-denomination, short-term, and unsecured advances that are due on the customer's next payday. The company provides its services primarily to the middle-income working individuals. As of December 31, 2008, it operated 2,767 centers in 33 states in the United States under Advance America and National Cash Advance brand; 20 centers in the United Kingdom; and 10 centers in Canada, as well as had 79 limited licensees in the United Kingdom. The company was founded in 1997 and is headquartered in Spartanburg, South Carolina.


AEA:  This call was made on 04/01/09 @ $1.65
Rating:   Positive   $1.65 (04/01/09)
Gain/Loss:   +300.61% in 237 days
Allocation:   0.0% of portfolio


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