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ECN Capital Corp T.ECN

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

ECN Capital Corp. is a Canada-based company. The Company is a provider of business services to North American banks, credit unions, life insurance companies, pension funds and institutional investors (collectively, its Partners). It 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 (RV) and Marine Finance. Its business segment includes Triad Financial Services, Source One Financial, and Intercoastal Finance Group. The Triad Financial Services is a portfolio solutions platform focused on originating and managing longer duration secured consumer loan portfolios for active partner. The Source One Financial originates prime and super-prime loans to consumers to facilitate the purchase of recreational and marine vehicles.


TSX:ECN - Post by User

Comment by Blueswinon Jan 25, 2021 3:39pm
151 Views
Post# 32378131

RE:Upgrade

RE:Upgradethe continued upward movement has been impressive & with 2 recent up grades of $9.00. The Feb. 4th investor day will be quite telling & will determine the direction of the stock price movement in the near future. Good volume today hitting close to 600 thousand. It seems like Covid was a bump in the road for ECN which has allowed them a greater market share. I was a earlier holder of ECN when the sptit happened but have sold in and out of it. In hindsight I should have just stayed. It seems like all 3 of their businesses are starting to mature all at once & now leading to this impressive move in a short time period. I don't think I ever dreamed that this stock could hit $9.00 one day but I guess we will see. 
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