Wednesday, August 8, 2007

Lets go fishing! ... Marlin (MRLN) ...18.20 -0.29 (-1.57%)

Just off the 52 week low....can't go much lower...right?

MARLIN BUSINESS SERVICES CORP
(MRLN: NASDAQ)

18.20
-0.29 (-1.57%)


52-week low = $18.15

Marlin ..."the fish"...an Equipment Finance Company loans money to small businesses in the US...In this market we see tightening conventional lender guidelines, increased credit card usage, and strick lenghty bank loan processes, business owners need alternate places to borrow funds...Marlin is a solution. And with no mortgage or housing exposure...their loans are backed with asset based collateral...and we know they don't buy "shitty paper", more commonly refered to as "sub-prime"... so lets go fishing for MARLIN and BUY ON THE DIP!

--- And if we have to give a financial RECO or two, ....for fun lets add EQUIFAX INC (EFX: NYSE) & watch FAIR ISAAC (FIC) ... we also own DNB and REXI the dog is on fire!

2 comments:

BUY ON THE DIP said...

these are all down 1%-2% today...we are a bit scared of these financial picks...they are oversold, but still room to go down....if you buy put a close stop loss...

and actually go buy CAT 79.91 -0.99 (-1.22%) or something else instead.

DIP MASTER said...

STOP LOSS!

BOTD out!

no more financials.