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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.

I'd clear a few chips off teh board now TBH.
 

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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.
Yeah I think GoEasy and HCG are both sketchy lenders. But certainly correlate with the state of the real estate mania.
 

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Yeah I think GoEasy and HCG are both sketchy lenders. But certainly correlate with the state of the real estate mania.
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.
 

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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.
 

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That's ironic. I understand that people question the ethics of a company like GoEasy.

Meanwhile...

 

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