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Re: nelson1234 post# 47650

Wednesday, 04/18/2018 6:33:35 PM

Wednesday, April 18, 2018 6:33:35 PM

Post# of 112988
CPSS

Quarter is worse than I thought even, notice how they recatgorized 209m finance receivables. What that did is help some of there ratios, what I notice is their allowance was down 9 million sequentially so they clearly didn't take enough losses either. The quarter is a disaster. There is nothing positive to see here in my opinion, and I didn't like the game they played with that finance receivable, maybe from the auditor but that should of been explained why there ratios look alot better than they are. This quarter was bad, no way shape, form, anything positive to say about it. All is just my opinion, and I could always be wrong though.

---All above is just my humble opinion.
And I could always be wrong.
And as always do your own DD.---
http://www.investorshub.com/boards/board.asp?board_id=5316

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