PEP 0.00% $3.69 pepper residential securities trust no. 39

PEP - Cup & Handle break, page-2

  1. 213 Posts.
    this trades very odd this stock. Lots of what looks like computer trading feeling out on the buy and sell side and then lumpy single trades. Might trade better when the Spaniards get set in the stock and they have more news. Having said that, the business is not well understood and most likely there is aversion to businesses reliant on funding from capital markets which may be exposed to liquidity shocks. For me, i like the diversification of product, market, funding etc. They could do way more in Australia if they wanted to, especially in Fintech (a term i hate) where many of the newbies will be looking for deeper pools of funding if they have any success and want/need to grow.
 
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