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Remember December 18? I sat right here and told you the world still needs cash. I told you while the “tech geniuses” were busy losing their shirts on AI startups that don’t have a revenue model, I was buying junk. I was buying gold. I was buying EZCORP ($EZPW) at 19.94.
I told you I’d sell it in 4–6 weeks at 23.04. I lied. I didn’t sell at 23.04. I held on because the smell of money was getting too strong. Yesterday, I punched the ticket at 24.07.
That is a ~21% gain in about 50 days. That’s an annualized gain of 295% Can you do that? You? YOU? YOU??!! While the rest of the market is fighting for scraps, I’m dining on the finest meats and cheeses. Over the same period, the S&P 500 wasup only 2%. Why? Because I understand the "Dirty Math" and I don't listen to the ANAL-ysts who wouldn't know a profitable business if it hit them with a power drill.
This wasn't a "miracle." This was a mathematical inevitability. Three days ago, EZCORP dropped their Q1 2026 results. They didn’t just beat expectations; they dragged the expectations into an alley and took their lunch money. Adjusted EPS: $0.55 (The "experts" guessed $0.40. Absolute clowns.) Net Income: Up 43%. Revenue: Up 19% to a record $382 million.
I told you in December: EZPW weaponizes gold. With gold prices hitting nosebleed levels this quarter, their jewelry scrap sales didn't just grow—they went vertical. Scrap margins jumped from 23% to 34%. Think about that. They are taking in collateral, and while it sits in the safe, the market value is melting upward. That’s called a "free lunch," and $EZPW is the only one at the buffet.
I now have 31 consecutive profitable trades of 15% or better. Can't lose! CAN'T LOSE!!! I am going to the casino and ..bet buh buh bet bet bet!! Give me quatloops! I’m sitting on a mountain of cash and looking for the next "boring" monster. The market is starting to look a little too excited for its own good, which means there’s something out there that’s being ignored.
I’ll find it. I’ll buy it. And I’ll tell you about it after I’ve already loaded the boat. I have plenty of time to do analysis. I will have some AMAZING picks in the weeks ahead. This is too good to be true
I AM HUGE.
Bring me your finest meats and cheeses.
$$$MR. MARKET$$$
www.mrmarketishuge.com
================================================== ===============================
EZPW ==> The Army/Navy Winner
12-18-2025, 10:45 PM
($$$MR. MARKET$$$ is a proprietary investor and does not provide individual financial advice. The stocks mentioned on this forum do not represent individual buy or sell recommendations and should not be viewed as such. Individual investors should consider speaking with a professional investment adviser before making any investment decisions.)
People always had junk.
Before eBay, before Facebook Marketplace, before your cousin tried to flip sneakers out of his mom’s garage — there were pawn shops.
You needed cash? You grabbed a guitar, a gold chain, or a power drill that “fell off a truck” and you went to the pawn shop. People thought that when the internet and Ebay became mainstream, no one would want pawn shops anymore.
Fast-forward to 2025. We’ve got AI, crypto, flying drones, and people still need cash RIGHT NOW. Here’s how a pawn shop works. Someone needs money so they bring something to the pawn shop. The pawn shop gives the person a loan (an amount less than what the item is worth) and uses the item as collateral. If the shop sells the collateral before the customer repays the loan, the shop pockets the profit. If the customer returns before the item is sold and repays the loan, often after his next paycheck, he gets his pawned item returned.
That’s where EZCORP ($EZPW) comes in. And let me tell you something:
Pawn shops aren’t going anywhere.
EZPW is printing money.
Wall Street still hasn’t figured it out.
Today I bought stock in EZPW (EZCORP, Inc) at 19.94. I will sell it in 4 – 6 weeks at 23.04. Here’s why I like EZPW.
WHAT DOES EZPW DO?
EZCORP runs pawn shops. Simple business. Beautiful business.
Someone needs cash → brings in jewelry, electronics, tools, musical instruments, whatever → EZPW lends them money. Non-recourse loans. Collateral in hand.
Banks hate these customers. EZPW LOVES them.
This business works:
When times are bad
When times are good
When the Fed is drunk
When gold is on fire
2025: EZPW ABSOLUTELY WENT OFF
Let’s talk facts before I start yelling.
In 2025:
Stock is up ~64% in the last 12 months
Revenue growth: double digits
Adjusted EBITDA growth: 30%+
EPS growth: ~36%
Store count: 1,300+ locations
Latin America expansion: no siesta here
This thing is not limping. It’s not surviving. It’s RUNNING PEOPLE OVER.
And gold? Gold is at nosebleed levels.
Pawn shops LOVE high gold prices:
Bigger loans against jewelry
Higher resale value if customers don’t redeem
More foot traffic
More profit
EZPW doesn’t just benefit from gold — it weaponizes it.
LATIN AMERICA: THE SECRET SAUCE
EZPW used to be a U.S. pawn shop story.
Not anymore.
Management has been buying pawn shops in Mexico and Latin America like they’re Pok?mon cards.
Why?
Less competition
Strong demand for short-term credit
Better growth rates
Less regulatory nonsense
They just added 40 more stores in Mexico and the M&A pipeline is still HOT.
This isn’t reckless expansion — this is copy-paste a proven model into underserved markets.
That’s how empires are built.
BUT WAIT… WHY IS THIS THING STILL CHEAP?
I’m not one to walk away from Spags, Building 19 and Value Village
EZPW trades at:
~13x forward earnings
~7x EV/EBITDA
Their main public peer, FirstCash ($FCFS), trades at:
~18x earnings
~15x EV/EBITDA
Same business. Same customers. Same junk. But EZPW gets treated like the ugly cousin at Thanksgiving.
WHY?
Old corporate governance fears (mostly gone)
Convertible debt overhang (being worked on)
Zero hype, zero sex appeal
This is EXACTLY the kind of stock the ANAL-ysts undervalue.
DO THE DIRTY MATH
Let’s be conservative (even though I hate that word):
If EZPW gets re-rated to:
9–10x EV/EBITDA (still below FCFS)
You get:
$25–$29/share from the core business..that’s already past my sell target.
Then add:
Cash Converters stake
Simple Management Group interest
That’s another ~$2/share.
Now we’re talking:
$28–$31/share intrinsic value
Do you see the problem? Because I see MISPRICING.
CATALYSTS THAT MAKE THIS THING GO BOOM
You don’t need miracles. You just need execution.
Here’s what could push EZPW higher in 2026:
✅ Continued Latin America acquisitions
✅ Digital / omnichannel rollout
✅ Debt cleanup removing the overhang
✅ Gold staying elevated
✅ Earnings growth doing the talking
Even if gold cools off, this business still throws off cash.
This isn’t a meme stock.
This is a cash-generating machine with junk in the safe.
Most importantly, this stock is CHEAP.
To sum it up:
EZPW is:
✔ Boring
✔ Ugly
✔ Profitable
✔ Growing
✔ Undervalued
These are my FAVORITE kinds of stocks.
The market likes it enough to have it trading at its high but this high is just a future floor for something higher. The customers need it. The cash keeps coming.
I am HUGE.
Bring me your finest meats and cheeses.
$$$MR. MARKET$$$
www.mrmarketishuge.com
I told you I’d sell it in 4–6 weeks at 23.04. I lied. I didn’t sell at 23.04. I held on because the smell of money was getting too strong. Yesterday, I punched the ticket at 24.07.
That is a ~21% gain in about 50 days. That’s an annualized gain of 295% Can you do that? You? YOU? YOU??!! While the rest of the market is fighting for scraps, I’m dining on the finest meats and cheeses. Over the same period, the S&P 500 wasup only 2%. Why? Because I understand the "Dirty Math" and I don't listen to the ANAL-ysts who wouldn't know a profitable business if it hit them with a power drill.
This wasn't a "miracle." This was a mathematical inevitability. Three days ago, EZCORP dropped their Q1 2026 results. They didn’t just beat expectations; they dragged the expectations into an alley and took their lunch money. Adjusted EPS: $0.55 (The "experts" guessed $0.40. Absolute clowns.) Net Income: Up 43%. Revenue: Up 19% to a record $382 million.
I told you in December: EZPW weaponizes gold. With gold prices hitting nosebleed levels this quarter, their jewelry scrap sales didn't just grow—they went vertical. Scrap margins jumped from 23% to 34%. Think about that. They are taking in collateral, and while it sits in the safe, the market value is melting upward. That’s called a "free lunch," and $EZPW is the only one at the buffet.
I now have 31 consecutive profitable trades of 15% or better. Can't lose! CAN'T LOSE!!! I am going to the casino and ..bet buh buh bet bet bet!! Give me quatloops! I’m sitting on a mountain of cash and looking for the next "boring" monster. The market is starting to look a little too excited for its own good, which means there’s something out there that’s being ignored.
I’ll find it. I’ll buy it. And I’ll tell you about it after I’ve already loaded the boat. I have plenty of time to do analysis. I will have some AMAZING picks in the weeks ahead. This is too good to be true
I AM HUGE.
Bring me your finest meats and cheeses.
$$$MR. MARKET$$$
www.mrmarketishuge.com
================================================== ===============================
EZPW ==> The Army/Navy Winner
12-18-2025, 10:45 PM
($$$MR. MARKET$$$ is a proprietary investor and does not provide individual financial advice. The stocks mentioned on this forum do not represent individual buy or sell recommendations and should not be viewed as such. Individual investors should consider speaking with a professional investment adviser before making any investment decisions.)
People always had junk.
Before eBay, before Facebook Marketplace, before your cousin tried to flip sneakers out of his mom’s garage — there were pawn shops.
You needed cash? You grabbed a guitar, a gold chain, or a power drill that “fell off a truck” and you went to the pawn shop. People thought that when the internet and Ebay became mainstream, no one would want pawn shops anymore.
Fast-forward to 2025. We’ve got AI, crypto, flying drones, and people still need cash RIGHT NOW. Here’s how a pawn shop works. Someone needs money so they bring something to the pawn shop. The pawn shop gives the person a loan (an amount less than what the item is worth) and uses the item as collateral. If the shop sells the collateral before the customer repays the loan, the shop pockets the profit. If the customer returns before the item is sold and repays the loan, often after his next paycheck, he gets his pawned item returned.
That’s where EZCORP ($EZPW) comes in. And let me tell you something:
Pawn shops aren’t going anywhere.
EZPW is printing money.
Wall Street still hasn’t figured it out.
Today I bought stock in EZPW (EZCORP, Inc) at 19.94. I will sell it in 4 – 6 weeks at 23.04. Here’s why I like EZPW.
WHAT DOES EZPW DO?
EZCORP runs pawn shops. Simple business. Beautiful business.
Someone needs cash → brings in jewelry, electronics, tools, musical instruments, whatever → EZPW lends them money. Non-recourse loans. Collateral in hand.
Banks hate these customers. EZPW LOVES them.
This business works:
When times are bad
When times are good
When the Fed is drunk
When gold is on fire
2025: EZPW ABSOLUTELY WENT OFF
Let’s talk facts before I start yelling.
In 2025:
Stock is up ~64% in the last 12 months
Revenue growth: double digits
Adjusted EBITDA growth: 30%+
EPS growth: ~36%
Store count: 1,300+ locations
Latin America expansion: no siesta here
This thing is not limping. It’s not surviving. It’s RUNNING PEOPLE OVER.
And gold? Gold is at nosebleed levels.
Pawn shops LOVE high gold prices:
Bigger loans against jewelry
Higher resale value if customers don’t redeem
More foot traffic
More profit
EZPW doesn’t just benefit from gold — it weaponizes it.
LATIN AMERICA: THE SECRET SAUCE
EZPW used to be a U.S. pawn shop story.
Not anymore.
Management has been buying pawn shops in Mexico and Latin America like they’re Pok?mon cards.
Why?
Less competition
Strong demand for short-term credit
Better growth rates
Less regulatory nonsense
They just added 40 more stores in Mexico and the M&A pipeline is still HOT.
This isn’t reckless expansion — this is copy-paste a proven model into underserved markets.
That’s how empires are built.
BUT WAIT… WHY IS THIS THING STILL CHEAP?
I’m not one to walk away from Spags, Building 19 and Value Village
EZPW trades at:
~13x forward earnings
~7x EV/EBITDA
Their main public peer, FirstCash ($FCFS), trades at:
~18x earnings
~15x EV/EBITDA
Same business. Same customers. Same junk. But EZPW gets treated like the ugly cousin at Thanksgiving.
WHY?
Old corporate governance fears (mostly gone)
Convertible debt overhang (being worked on)
Zero hype, zero sex appeal
This is EXACTLY the kind of stock the ANAL-ysts undervalue.
DO THE DIRTY MATH
Let’s be conservative (even though I hate that word):
If EZPW gets re-rated to:
9–10x EV/EBITDA (still below FCFS)
You get:
$25–$29/share from the core business..that’s already past my sell target.
Then add:
Cash Converters stake
Simple Management Group interest
That’s another ~$2/share.
Now we’re talking:
$28–$31/share intrinsic value
Do you see the problem? Because I see MISPRICING.
CATALYSTS THAT MAKE THIS THING GO BOOM
You don’t need miracles. You just need execution.
Here’s what could push EZPW higher in 2026:
✅ Continued Latin America acquisitions
✅ Digital / omnichannel rollout
✅ Debt cleanup removing the overhang
✅ Gold staying elevated
✅ Earnings growth doing the talking
Even if gold cools off, this business still throws off cash.
This isn’t a meme stock.
This is a cash-generating machine with junk in the safe.
Most importantly, this stock is CHEAP.
To sum it up:
EZPW is:
✔ Boring
✔ Ugly
✔ Profitable
✔ Growing
✔ Undervalued
These are my FAVORITE kinds of stocks.
The market likes it enough to have it trading at its high but this high is just a future floor for something higher. The customers need it. The cash keeps coming.
I am HUGE.
Bring me your finest meats and cheeses.
$$$MR. MARKET$$$
www.mrmarketishuge.com
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