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Bullboard - Stock Discussion Forum ECN Capital Corp T.ECN

Alternate Symbol(s):  T.ECN.DB | T.ECN.DB.A | T.ECN.DB.B | T.ECN.PR.C | ECNCF | ECNNF

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... see more

TSX:ECN - Post Discussion

ECN Capital Corp > still cheap
View:
Post by Chefboy69 on Jan 19, 2022 10:01am

still cheap

i bought this at $5.10, some got in below $5

this will be over $6.00 in a few months 

still cheap and rising rates makes this a great stock for that kind of play
Comment by Mil_Man54 on Jan 19, 2022 10:14am
Look at the big time investor....were you screaming into your Elmo phone when you got this...."BUY, BUY, BUY Elmo"....LMAO poser....Chefboy doesn't own a single share in any stock he brags about....he's just a wannabe....you might want to put this guy on ignore and definitely do your own DD....
Comment by Blueswin on Jan 19, 2022 11:29am
If you know anything about ECN who help to finance manufactured homes. How does rising rates help the company?
Comment by Chefboy69 on Jan 19, 2022 12:02pm
do you know how rising rates work???? its better for lenders
Comment by Mil_Man54 on Jan 19, 2022 12:21pm
Is that what Elmo said Chefboy....do you know what the cow says....LMAO....poser....
Comment by Chefboy69 on Jan 19, 2022 12:21pm
basic economics..maybe take that in school first bro here is a lesson for ya..The higher the inflation rate, the more interest rates are likely to rise. This occurs because lenders will demand higher interest rates as compensation for the decrease in purchasing power of the money they are paid in the future. Interest rates and bank profitability are connected, with banks benefiting from higher ...more  
Comment by Mil_Man54 on Jan 19, 2022 12:37pm
There's a lot of big words in there Chefboy....I'm guessing copy and paste from Investment for Dummies....and just for everyone's info...Chefboy doesn't really own any stock....he's just trying to act like a big investor so he can feel important....I've seen it a few times....the tell is he really likes to brag about all the stocks he's into and all the money he's ...more  
Comment by Blueswin on Jan 19, 2022 2:30pm
If you have ever listened to ECN's Q. interactions with anaylists they are often asked how rising rates will effect ecn negatively. By the way ECN isn't a bank. 
Comment by bttmfischer on Oct 08, 2022 5:15pm
Well put Chefboy69, except I would have point out that "banks make more money by taking advantage of the difference between the banks pay to (its) costumers, and  THE BANKS  CHARGE ON LOANS , OR LINES OF CREDIT"
Comment by Chefboy69 on Feb 09, 2022 9:47am
please read below cheers everyone
Comment by Mil_Man54 on Feb 09, 2022 10:36am
Get off the boards poser....Chefboy does not own stock in anything....just a wannabe who thinks he knows what he's talking about.....
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