http://vsinvestor.com/2008/11/pricevolume-surge-cit-group-cit.html Investing in stocks based on short term spikes in volume Thu, 13 Aug 2009 18:13:41 +0000 hourly 1 http://wordpress.org/?v=3.2 http://vsinvestor.com/2008/11/pricevolume-surge-cit-group-cit.html/comment-page-1#comment-8 Credit Crunch » Price/Volume Surge: CIT GROUP (CIT) Tue, 04 Nov 2008 15:08:45 +0000 http://www.vsinvestor.com/?p=345#comment-8 [...] Credit Repair|Debt Free Living wrote an interesting post today onHere’s a quick excerpt CIT Group Inc. (NYSE: CIT) is seeing its shares surge as one the top percentage gainers today after the company announced that it has completed a $500 million financing facility. The credit facility is via Wells Fargo & Co. and it will give CIT access for up to $500 million in secured financing.  This is not an unconditional credit line as you have seen in the past.  The borrowings under this new facility are subject to eligibility, which including Wells Fargo’s approval of all funds used [...] [...] Credit Repair|Debt Free Living wrote an interesting post today onHere’s a quick excerpt CIT Group Inc. (NYSE: CIT) is seeing its shares surge as one the top percentage gainers today after the company announced that it has completed a $500 million financing facility. The credit facility is via Wells Fargo & Co. and it will give CIT access for up to $500 million in secured financing.  This is not an unconditional credit line as you have seen in the past.  The borrowings under this new facility are subject to eligibility, which including Wells Fargo’s approval of all funds used [...]

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