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RIFCO Inc. V.RFC

RIFCO Inc is an auto-purchase finance company. Its subsidiaries are engaged in vehicle financing. The company provides non-traditional vehicle financing to motorists through a growing network of select new and used vehicle retailers. Its auto financing is available to both franchise and independent dealers who want to create a partnership. The company has its operation in all provinces in Canada except Quebec.


TSXV:RFC - Post by User

Bullboard Posts
Post by Goldenringon Jan 16, 2015 9:48am
223 Views
Post# 23327217

Drop in share price

Drop in share priceI find it hard to believe that the share price has taken this much of a beating.  Does anybody hear think that with the recent downturn in oil prices that some people are selling because of the possibility of a lot of lay offs out west and then a lot of defaults on car loans ?  Just a thought
Bullboard Posts