Asset Acceptance Capital Corp. (NASDAQ:AACC)

CAPS Rating: No stars

The Company purchases and collects defaulted or charged-off accounts receivable portfolios from consumer credit originators.

Recs

1
Player Avatar CranDan (77.08) Submitted: 3/12/2010 12:59:43 PM : Underperform Start Price: $6.08 AACC Score: +61.80

They are still struggling with managing portfolios purchased at high prices and subsequent portfolio impairments. Poor EPS will continue for next 1-2 years and stock should underperform as a result.

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