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	<title>Investcraft - The Art of Investing &#187; cit preferred shares</title>
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		<title>CIT Group Preferred Shares</title>
		<link>http://www.investcraft.com/cit-group-preferred-shares/</link>
		<comments>http://www.investcraft.com/cit-group-preferred-shares/#comments</comments>
		<pubDate>Tue, 25 Aug 2009 22:53:57 +0000</pubDate>
		<dc:creator>Kenneth</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[cit]]></category>
		<category><![CDATA[cit group]]></category>
		<category><![CDATA[cit preferred shares]]></category>

		<guid isPermaLink="false">http://www.investcraft.com/blog/?p=10</guid>
		<description><![CDATA[<a href="http://www.investcraft.com/cit-group-preferred-shares/"><img src="http://www.investcraft.com/wp-content/uploads/2009/08/cit-group.jpg" alt="cit-group" title="cit-group" width="125" class="alignleft size-full wp-image-199" /></a><a href="http://www.google.com/finance?q=cit" target=_blank>CIT Group</a> (NYSE: <a href="http://www.google.com/finance?q=cit" target=_blank>CIT</a>) is such an interesting stock.  It nearly went bankrupt less than a month ago and though, it's not out of the woods yet, it offers an interesting opportunity.  Yesterday, I bought CIT Preferred A shares around $2.30.  I would much rather buy the preferred shares than the common stock because if the company does go under [...]]]></description>
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