RE:Small resistance got tru...This is a really low volume stock where a market order can move the stock percentages at times. '
Management is the biggest holders of the company, and the added capital from the IPO has allowed flexibility.
New regions keep being added and earnings is just a matter of the volume of new accounts opening up. At some point in time the growth will stabilize and earnings will reflect.
Management has basically shown on presentations and ERs that new accounts have higher PCLs and additional transaction costs.
One thing I will say is this is probably one of the rare IPOs of the past two years that isn't entirely underwater.