Today's Bears: United Panam Financial, Cosi Inc
Fat Lazy Bear: United Panam Financial Corp.
Symbol: UPFC
1 day Loss: 22.44%
Reason: United Panam, provider of specialty finance products including auto loans took a dive today when they announced their earnings had fallen to $4.5 million from $6.97 million.
Lazy Bear: Cosi Inc.
Symbol: COSI
1 day Loss: 22.1%
Reason: Coming in at a very close number two is Cosi Inc. Shares fell when the company announced it anticipated a loss. (Everyone else expected it to break even.) Your sensei thinks sales sucked because they were banking on selling “shareables”.
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