Mogul of Pineapples
- Centurion Member
- Posts: 1271
- Joined: Sun Jun 01, 2008 11:32 pm
- Location: Smogland
That's too bad. Advanta credit cards have their strengths and weaknesses but overall I think they're great, especially when it came to balance transfer offers.
Today their class B shares closed at 87 cents and their A shares at 67 cents. The company's stock has been hovering around $2 dollars for several months now but this takes that low to a whole new level.
Whatever happens I would predict we will find out in the near future. Either they will get bailed out and saved or go under. I don't think they will stay in this in-between stage they're at right now for too longer. Something's got to give.
Disclosure: I am a moderator/paid staff of this site, which does have advertising relationships with some credit cards that are discussed and linked to. Regardless, anything I say is my honest opinion.
Current Cards: American Express:
Blue Cash, Simply Cash Bank of America:
WorldPoints Platinum Plus Chase:
Amazon, British Airways, Cash Plus Rewards, Freedom, Ink Cash Citi:
Thank You Premier, Dividend Platinum Select Discover:
MorePrimary Everyday Card: American Express Blue CashPrimary Travel Card: Chase Sapphire Preferred