Pawn shops are Eric’s dirty trade – he likes this space because it's a multi-billion dollar industry and these companies make their profits from loans. He thinks of pawn brokers as sub subprime lenders.
Believe it or not, there are publicly traded pawn shops – Eric likes First Cash Financial (FCFS), Cash America International (CSH) and EZCORP (EZPW).
Questions? Comments? firstname.lastname@example.org
On APR 27, 2007, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s Fast Money were owned by the Fast Money traders; Strazzini Owns (IBM), (JBLU), (MPEL), (PG), (T), (WMT) Bolling Owns (MPEL), (BP), (XOM) Gold, Silver, Corn Bolling Is Short Soybeans; GE Is The Parent Company Of CNBC