Encore Capital Group, Inc. (ECPG)

LatePlay (84.75) Submitted: 4/30/2009 1:40:46 AM : Start Price: $8.46 ECPG Score: -54.29

profit taking

AntonChigurh (< 20) Submitted: 6/8/2008 12:03:51 PM : Start Price: $10.58 ECPG Score: +60.48

This is a company we are loathe to invest in. It upsets our sense of propriety and human decency - but then we remember we are a supposed psychopath. So here goes: Encore Capital Group buys charged off consumer credit receivables for pennies on the dollar and tries to collect a few more cents than they paid for the chargeoffs. SImple as that. The last quarter was good, and I think there is some momentum going forward. A business like this is only as good as its collectors, who probably fall somewhere between used car salesmen and mortgage brokers at the top end of the ethically challenged spectrum. No matter - God will sort it out later.

autumnlake1970 (26.69) Submitted: 5/1/2008 12:22:20 PM : Start Price: $7.97 ECPG Score: +108.96

Have heard setting up bill collections in India is the new wave of the future. Article mentioned owner has no plans for new growth in US, only India. Stock performing well since purchase

kittee3 (< 20) Submitted: 4/24/2008 2:46:40 PM : Start Price: $6.63 ECPG Score: +147.37

high layoffs lead to no money so increase use of credit cards for food, gas, bill pay of cell/internet/cable all add up. eventually unable to pay credit card so it goes delinquent.

enter the new bredd of India workers to collect debt-- less than 1% (425 p/month base plus bonuses) as opposed to 6500 month US worker I ALREADY SEE A PROFIT and not one dime collected yet.

hamiltt (81.53) Submitted: 3/13/2008 12:47:00 AM : Start Price: $7.26 ECPG Score: +120.85

.

zindallas (< 20) Submitted: 2/15/2007 3:24:59 PM : Start Price: $10.71 ECPG Score: +61.89

Tom Brown owns 17% of this baby in his Second Curve Capital fund! Stock's recent softness provides nice entry point. A second class player in this space - certainly relative to PRAA, but a decent value play and a takeover target as management is exploring strategic alternatives.

ArchimedesPie (34.45) Submitted: 10/24/2006 11:36:13 PM : Start Price: $13.80 ECPG Score: +25.52

Buyout possibility

jm1234 (< 20) Submitted: 10/4/2006 11:08:11 AM : Start Price: $12.95 ECPG Score: +29.99

Effective competitor in the purchasing of charged off credit card receivables, likely to be purchased in a management-led deal in the next few months as the conclusion to a process reviewing strategic alternatives.