Jul. 8 at 5:57 PM
$UPBD I like the acquisition from earlier this year. Seems like the modernization of their other business segments, but all targeting the same lower income population.
Dividend is solid. Thesis is risky as the bull case and bear case are one and the same.
Bull: working class are poor, need to finance their fixtures and cash advance their checks
Bear: working class are poor and economy gets worse, default rates skyrocket on financing of their fixtures and cash advances
