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Exchange Income Fund Corp (EIF) Short


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This morning Marc Cohodes announced his latest Canadian short: Exchange Income Fund Corp.  He posted his thesis as a series of slides at http://maydayeifdividend.com/

 

EIF quickly released a press release stating they would release their latest earnings ahead of schedule showing strong performance and consider more aggressive share buy back plan.

 

At one point this morning the stock was down ~10%

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