World Acceptance Corp. (NASDAQ:WRLD)

As the economy continues to grow, people who have less than stellar credit ratings will go to the higher risk loan agency such as World Acceptance Corp. Amongst it's competition it is near the top for less bad loans. Great ability to collect and very low cost centers.

low peg

Because Evil Knievil says so

Looks overpriced to me

Short interest: 31% of float

insider buying screen

As soon as Obama's regulatory passes ( sooner if we could quit on the asinine health-care ), this stock is toast.

I see a 17.93% profit margin, growing revenue and a price to book ratio of less than 2. That seems to me to be good for a small cap stock. It has a strong IBD rating and it has been outperforming the market, so I think it will do good for a least the next few months.

Good fundament

This one goes in the bad actor basket, they are overvalued, ok, but it's more than that, they are a positively evil company with what should by rights be an unsustainable business model, which will sooner or later be shut down by federal authorities, because it is just not legal to take advantage of poor people by trapping them in triple-digit interest rate loans.
Hat tip to citron...

Re-upping...
I believe in the power of citron, they actually think this company is a zero. I plan on waiting and finding out!

Always has, Not going to let a gutless company like Citron make my mind change

WRLD has been there and always will be

Because Citron said so.

Company is profitable and growing and fills a need for small loans.

Citron: Target Price = 0

Their loans never get paid off. They just continually refince the borrower in a ponzi type scheme. It makes the books look good, but the borrowers will eventually have to default.

I trust Citron

http://www.citronresearch.com/index.php/category/citron_reports/

betting on the promised governmental legislation and the quality of citron research for consumer and investor protection.

Alright, of course I'm going with Citron on this one... but only because they're right. Failing to file lawsuits with the SEC is not only a big no-no, but it's also indicative of corrupt management. So, on a long enough time scale this company will crumble into nothingness anyway...

The real catch is predicting WHEN. And for that, may I direct everyone's attention to:

http://www.govtrack.us/congress/billtext.xpd?bill=h111-627

While WRLD isn't a credit card company, they DO extend credit... which puts the company on a potential chopping block. The current administration has gone after mortgage companies, they've gone after credit card companies, and I'm fairly certain that they'll go after anyone else that extends credit. If this legislation is applied to WRLD, they'll be headed for zero over night. Again, as Citron said, WRLD never talks about things like this.

Secondly, if the administration doesn't smother WRLD in the cold, dark and silent night while it's sleeping, they'll kill it through inflation. All of the big banks and lenders are getting bailout money, while WRLD is getting the shaft. By the end of the year, WRLD is going to be collecting a devalued currency which could potentially cut into profits or force them to raise their already exorbitant interest rates.

I'm thinking that memorial day is going to be a day to watch this stock to see what it does. Maybe I'm just paranoid, maybe I'm not.

Anyways, that's my two cents.