Comment by
snootchybootchy on Nov 07, 2024 6:03pm
I think so. ECN will also have really good YoY comparables for Q4 as well. Plus interest rates have dropped 75-bps over the last two months, which is not captured in these financials. Stock looking really bullish from here.
Comment by
Defiance2050 on Nov 09, 2024 4:52pm
Good point about interest rates dropping, will be some time for both rates and for the JV to show its true scale. Looks like impact of the mispriced products has stopped and hopefully there isn't a rush to increase originations by offering significantly discounted rates.
Comment by
Possibleidiot01 on Nov 07, 2024 6:59pm
Had to redo my math , no idea how i got 7X, it's 12.47 at the low end of range . At the end , 9.48 times. My bad.