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goeasy Ltd T.GSY

Alternate Symbol(s):  EHMEF

goeasy Ltd. is a Canadian company that provides non-prime leasing and lending services through its easyhome, easyfinancial, and LendCare brands. The Company's segments include easyfinancial and easyhome. The easyfinancial segment lends out capital in the form of unsecured and secured consumer loans to non-prime borrowers. easyfinancial's product offering consists of unsecured and real estate secured instalment loans. The LendCare operating segment specializes in financing consumer purchases in the powersports, automotive, retail, healthcare, and home improvement categories. The easyhome segment provides leasing services for household furniture, appliances and electronics and unsecured lending products to retail consumers. Its customers can transact seamlessly through an omnichannel model that includes online and mobile platforms, over 400 locations across Canada, and point-of-sale financing offered in the retail, powersports, automotive, home improvement, and healthcare verticals.


TSX:GSY - Post by User

Bullboard Posts
Comment by trendstron Jan 18, 2013 6:47pm
143 Views
Post# 20859435

RE: where did today's HUGE vol come from?

RE: where did today's HUGE vol come from?

I am looking at buying EH and was alarmed at the amount of shares traded today along with a loss of $0.40 cents today on an up day on the TSX.  From the chart on GlobeinvestorGold it looks like a trade for over 500,000 shares went through just before 1 pm at a price of around $10.73. Perhaps a mutual fund buy.  It declined from there on low volume to a low of $10.31 and then recovered to $10.40 at the close.  Could be a good entry point.  I am going to look further into purchasing the stock (i.e., read the quarterly reports etc.) and then consider a buy or not.  The chart is favourable - just starting its upward trend in mid November.  There could still be some legs left in this one.  It pays a nice dividend of 3.2% and five years ago was trading in the $20 range.  It is a stock that deserves a serious look over the weekend.

Bullboard Posts