I have noticed in the 4 or 5 years i've owned that it always seems to run up before fins then the selloff after fins. whether or not numbers are good or bad. a few years ago it hit 2.20 before fins after fins dropped to 1.70 stayed there for awhile even tho numbers were pretty good for that time.Then back to 2.20 it went.
Ya, I agree Decarz; esp., regarding the guidance. I would suggest the growth in auto leasing may have lot to due with the turnover and that will continue to grow, but is good long term...impo. It looks to me that the company is and will be doing a lot of housecleaning in Q4 setting the stage for a great 2014.