GSY

Keep in mind, Goeasy's hardships in 2022 are not unique to it, but the entire financial sector. As an alternative lender, it's definitely subject to a higher selloff (look to Equitable Bank as well).

People will view the loan books of companies like Equitable Bank and Goeasy Limited as higher risk. Although this is true to some degree, we feel there is an excessive amount of fear priced into the situation that people think these institutions will be getting into. Goeasy has navigated exceptionally difficult environments before (think 2008 Financial Crisis) and we believe it is set up well to do so moving forward.

Ultimately, if we don't like the company, we remove them from the Bull List. We don't have any plans to do so with Goeasy in the near future.