Tuesday, September 30, 2008

EZCORP (EZPW) is on Fire Lately

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Who benefits in a society lacking credit? Pawn shops.

You wouldn't know there is any market turmoil by looking at EZCORP's chart... too bad I don't have much of it left in the portfolio. Nice run the past few days. It stood out like a sore thumb by actually being up yesterday in the carnage.

[Sep 8: EZCORP Acquires 11 Pawn Shops in Nevada]
[Aug 11: EZCORP Down 8% on Termination of Value Financial Deal]
[Jul 24: Cash America (CSH) and EZCORP (EZPW) Both Report Today - Starting Small Stake in EZCORP]
[Jul 10: Another Payday Loan/Pawn Shop Breaks Out on Higher Guidance - A Trend Seems to be Afoot]
[Jul 7: Missed Opportunity in Cash America]

Long EZCORP in fund; no personal position


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