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ECN Capital Corp ECNNF


Primary Symbol: T.ECN Alternate Symbol(s):  ECNCF | 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 Cheeky20on Sep 26, 2023 7:52am
144 Views
Post# 35653977

RE:RE:RE:RE:RE:RE:RE:Bought more today

RE:RE:RE:RE:RE:RE:RE:Bought more todayFor you and I, sure that's a lot of coin.  But when you look at total shares outstanding it's a drop in the ocean.  Where are all the other executives and insiders?  Why aren't they loading up on shares too?  I'm thinking how much lower the price would be if Hudson wasn't buying LOL. 

The share price will turn one day but I think we are at the "show me" stage - company needs to prove it has a handle on the interest rate issue and is also growing originations.  It may be a couple of quarters before we see any significant positive change in the share price.  Seems to be a wall of sellers lately       
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