Archive | October 25, 2023

God? Karma? A Really Bad Business Model? Why Did the Bottom Drop Out for PRAA Stock?

Wow! When my personal stock portfolio value fell about 40% in a week, I knew the reason why. I sold everything off on March 16, 2020 with enough left in my account to live for a year.

It was the COVID-Crash and frankly, it seemed like no one might still be around in a year.

Sorry for the lack of variety in cases this past week and until November 6th. I am writing a 13,000 word plus tables and certificates appellate brief against the litigious, vexatious and secretive Portfolio Recovery Associates, LLC, the once golden child of parent company PRA Group, Inc.

Now it seems like all my work is for naught. The execs at PRA Group, that pay themselves millions of dollars per year, might pack up whatever currency is laying around and leave the building in the dead of night, so to speak.