Terra_Incognita
01-17 23:37

$Encore Capital(ECPG)$ ECPG: sharing profitable stock trade for weekly coins. 

Up 30% since the start of accumulation for th is stock ANF its trading near all time high and. Been consolidating but still drifting higher slowly since mid Dec. 

ECPG core business deals with collectIng bad after it purchase it at discounts from banks and other financial institutions. 

When the economy in the real market worsens and affordability of goods deteriorates and when more Americans goes into higher debt, the business like ECPG are booming. 

One of my contrarian plays when market is at or near all time highs as only people with money could have profited from stock investment while many struggling middle class and lower income continue to struggle for basis necessities. 

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