The market capitalization of Ride Time Auto Finance now hovers around $540M, and technicals indicate resistance at $8. “We love our football,” said Sonya James, principal at Mason Elementary School. "If you're out on your porch in town, you can hear the announcers and the crowd." It’s entirely possible that we are entering into a period like Japan’s late ’80s bubble, when asset prices went totally insane. Depending on the metric, P/E ratio of the market was at least 50x, up to nearly 100 on the CAPE/Shiller index. The company’s auto loan portfolio delinquency rate holds at 1.9%, outperforming industry averages, a bullish signal for credit quality-sensitive investors.
