I'm a small business owner as well and have used Prospa. They are fantastic to deal with and much faster then a bank to process a lending application. I would say the recent down swing is from people looking to make a quick easy doller and have simply moved on to greener pastures.
There is some solid volume going through for Prospa and some sizeable chunks of stock being bought. I would say the recent jump is due to general market sentiment toward a recovery, which in turn means stability and earnings for Prospa. Over the longer term, there could be gains north of 500% on this stock if you are willing to buy a bit and stash it in your portfolio....
I'm a small business owner as well and have used Prospa. They...
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