Larry Meyers
Value, special situations, long-term horizon, small-cap

QC Holdings: Acquisition Target At 161% Premium

(Editors' Note: This article covers a stock trading at less than $1 per share and/or with less than a $100 million market cap. Please be aware of the risks associated with these stocks.)

QC Holdings, Inc. (NASDAQ:QCCO), a small-cap financial services firm that focuses on consumer lending, is an undervalued firm in an industry ripe for consolidation. Once regulatory issues are resolved, it is my opinion that QC Holdings' stock will be acquired by a large firm at a price much higher than where it trades as of this writing. Some of the information in this article comes out of the payday loan industry trade conference, which concluded on February 28.

QC Holdings used to have a market...

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