RE:RE:RE:RE:Let’s see where this goesThat's too funny. I checked earlier and there wasn't that much volume, which is the norm for this stock, but by close, boom!!! I thought insiders were adding again, and here it was you pecking away. lol.
I agree with your thoughts on the share price, anything under 30 cents is in add territory. These Insiders are constantly adding and have been for years at much higher prices.
I was impressed as well with the low delinquency rates considering these are tier 2 and riskier customers.
There was a dip in 2020 for Canadian used car sales to $11.6 billion, from $12.3 billion in 2019. Currently, when driving past my local GM dealer, they have almost no inventory of new vehicles (due to that chip shortage), and much used either. Not sure yet how 2021 will shape up, might be a mixed bag.
• Used car dealers sales Canada 2020 | Statista The last thing that caught my eye is the connection of our ceo (Todd Hudson) to the ceo at ECN Capital, Steve Hudson. They look alike so has got to be a connection. Todd also worked there.
Looking forward to see how this plays out.
Cheers!