- We believe the recent weakness in Atlanticus’ stock price presents a favorable risk-adjusted opportunity.
- Atlanticus’ third quarter results continued, in our view, to demonstrate the earnings potential of its businesses.
- We think that there is support for the stock price at these levels including from Atlanticus’ share repurchase program and compelling valuation.
- We continue to expect that Atlanticus is positioning itself for a significant corporate transaction that would be beneficial for shareholders.
- Given the above, we believe that absent a material negative change in Atlanticus’ business or overall market weakness, there is limited downside and significant upside to the stock.
For further details see:
Atlanticus Holdings: Recent Stock Price Weakness Creates Opportunity