Subject: Re: Bread Financial BFH
It's a company with a few problems, to be sure.
But it still seems to make money, and I am usually of the opinion that there is a price for everything.
In particular, everything with apparent future profits and no obvious reason to foresee failure will eventually trade at some sane value at least occasionally.
So the value investing axiom asserts, anyway.

Of course, Mr Market disagrees with that, it seems.
I haven't sold my position, though of course with hindsight that would have been the good move almost any time in the last couple of years!

Jim