ECN Capital Corp T.ECN

Alternate Symbol(s): T.ECN.PR.C | ECNCF | ECNNF | T.ECN.DB | T.ECN.DB.A | T.ECN.DB.B

Financial Services

ECN Capital Corp. is a Canada-based provider of business services to North American banks, credit unions, life insurance companies, pension funds and institutional investors (collectively, its Partners). The Company originates, manages and advises on credit assets on behalf of its Partners, specifically consumer (manufactured housing and recreational vehicle and marine) loans and commercial (inventory finance or floorplan) loans. The Company operates through two segments: Manufactured Housing Finance, and Recreational Vehicles and Marine Finance. It operates through three businesses: Triad Financial Services, which manufactures home loans; Source One Financial, which is engaged in nationwide marine and RV lending; and Intercoastal Finance Group, which is engaged in national marine and RV lending. It provides prime credit portfolio solutions: Secured consumer loan portfolios, which manufactures home loans, and Secured consumer loan portfolios, which provides marine and RV loans.

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ECN Capital Corp > ECN is slowly finding a bottom

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Comment by TimeScapeon Aug 25, 2021 3:57pm

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Post# 33762445

RE:RE:RE:RE:ECN is slowly finding a bottom

What a weak argument. Of course there is going to be some insider selling when a stock has gone up as much as ECN has over the last couple of years. Insiders still own about 6% of the company's stock. Besides, the growth in the remaining divisions has been excellent - it's not like Hudson is saying something that contradicts the facts. The remaining divisions grew 70% and 30% in the most recent quarter.

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