The Cash Store Financial Services Inc. (CSFSF)

[mikeymgd]

Coming up with a value for this company is difficult. The Payday loan registration was rather key to their success. The fact they were denied means a lot more pain ahead for this company.

If they cannot get their SG&A under control, there is little hope of a turn around.

I had hoped to play the approval bounce but did not expect them to get denied.

Good luck all.