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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 Mar 25, 2024 3:07pm
161 Views
Post# 35951336

RE:RE:RE:ECN.T bought 20k at 1.68 sold at 1.82

RE:RE:RE:ECN.T bought 20k at 1.68 sold at 1.82 I think the same way. Hudson probably is looking for an exit out but he will want to go out on top. He has bought tons of shares in the $5, $4,$3,$2. And as was mentioned by another poster the incentive company shares that only have value if the stock price goes up. I think it was interesting How he said this last year it had been very painful for the company & also mentioned for himself personally. Things have not gone well & they were totally surpised & unprepared for how fast interests rates would climb. It also seems now when the get an order on the homes side that is can be processed in 2 to 3 days instead of over a month. I think with the RV & boats they are wanting to build it up & make it more attractive to get some real value out of that portion of the company. Lower insters rates would really help the company over all. I had bought some shares in the $6 range that seems like a long time ago now.CIBC came out today with a $1.90 price taget. Don't get hurt jumping off the wagon. 
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