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

Financial Services

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

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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