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A full-service provider of outsourced receivables management and related services. The Company's primary business is the purchase, collection and management of portfolios of defaulted consumer receivables.
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movinonnon (< 20) Submitted: 8/05/07 7:29 PM : Start Price: $46.52 PRAA Score: 7.13
Fear, fear, fear! PRAA has been hammered recently by speculators afraid of the effects of subprime collapse. PRAA is a debt collection company -- it buys charged-off receivables then collects the $$$ -- this should create an OPPORTUNITY for the company as there will be MORE available bad debt to purchase and collect.Already own PRAA in real-money portfolio. Will double weight if share price falls below $40. Fantastic buying opportunity.
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