I was drawn to the chart of Rent-a-Center based on the fact that it seems to keep failing on its bounces to around $30, but my interest in shorting in was heightened only by the fact that, frankly, I think businesses like this are kind of scummy: they exploit the desires of the lower classes for the goodies and gee-jaws of their better-situated Americans by allowing them to rent, instead of own, consumer knick-knacks. The whole thing smells bad to me, thus I take particularly joy in shorting them.
This isn’t the first time I’ve had a bee in my bonnet (were I to wear such a thing) about companies that exploit the underclass – – the entire for-profit “education” sector leaps to mind, such as, oh, those guys at ITT Educational Services………
