Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

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

Post by snootchybootchyon Nov 16, 2023 2:56am
333 Views
Post# 35738413

Hudson Buying More Shares on the Open Market

Hudson Buying More Shares on the Open MarketSteven Hudson reported buying 250,000 more shares yesterday. For those counting, that's 950,000 shares he has purchased on the open market for a total of $2.24M in a timespan of just three months. He clearly believes he will be selling his stake at much higher prices.  Remember that he just signed a one-year extension to remain CEO until December 31, 2024.  Agreeing to a one-year extension tells me he is looking to sell out fairly soon. Maybe he will need to sign another one-year extension but extending one year at a time is an indication he is looking to wrap things up fairly soon.
<< Previous
Bullboard Posts
Next >>