Yeah it's impressive.
But they prey on people with bad credit.. at some point the cards will collapse.
I was lookign at Home Capital Group in the early 20 teens, but came to the same conclusion.
Good luck, but it's a risky stock, with IMO predatory practices.
When things go south, it will be fast.
Yeah it's impressive.
But they prey on people with bad credit.. at some point the cards will collapse.
I was lookign at Home Capital Group in the early 20 teens, but came to the same conclusion.
There is going to be massive political interference in the real estate and financial markets to keep everyone "happy".
I think it's a pending disaster that will make the subprime crisis look like a well thought out plan.
New all time high. My first position from April 2020 is reaching 6X (+500%).
Momentum plays are tough because I know it'll crash at some point.
I've noticed that AVDV (Avantis International Small Cap Value ETF) is holding GSY.TO as part of that Small Cap Value ETF, yet it shouldn't be considered value anymore, it's more like growth at the moment, but I'm pretty sure they keep holding for the momentum. I guess they've picked it cheap (value) and now they hold it through momentum, which is a sound strategy in my opinion. I'll be curious to know when will they sell. Sure thing, I'll still be holding the bag.
MISSISSAUGA, Ontario, Nov. 25, 2021 (GLOBE NEWSWIRE) -- goeasy Ltd. (TSX: GSY), (“goeasy” or the “Company”), one of Canada’s leading non-prime consumer...
MISSISSAUGA, Ontario, Nov. 25, 2021 (GLOBE NEWSWIRE) -- goeasy Ltd. (TSX: GSY), (“goeasy” or the “Company”), one of Canada’s leading non-prime consumer...
I've noticed that AVDV (Avantis International Small Cap Value ETF) is holding GSY.TO as part of that Small Cap Value ETF, yet it shouldn't be considered value anymore, it's more like growth at the moment, but I'm pretty sure they keep holding for the momentum.
Congrats on having a position in GSY. I was tempted to "join the party" but just couldn't do it.
Avantis tends to imitate Dimensional Fund Advisors, and I believe that they use a modified value factor technique that involves using a bit of momentum.
They are, after all, stock-pickers. They just use a bunch of academic work to convince everyone that their stock-picking is being done a "good" way. Of course, the same people will tell you that your stock-picking is bad.
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