I played a 25 to 35 swing a few years ago. I'm back in on today's decline. The company is now forecasting $1.85 EPS for 2016, which puts this at a 10.8 multiple. Reading the transcripts it appears revenue under contract is being delayed because merchants are slow to get their terminals certified. This appears to be out of PAYs hands, and the revenue will come back over time. More of a when, not if, issue.
You're gong the wrong direction my heterosexually-challenged friend. It's more like having a golden opportunity to take a giant dump on greedy open-mouthed shorts.
Well, the rectum of all mammals would be impervious to water infiltration unless it was forced in, as in the case of an enema. Is that what buying PAY is like? Getting an enema?
So you're saying that PAY is oversold this morning? An overreaction to the miss?
Some folks wanted "IN" big time sub-20. This is shooting fish in a barrel. Mission for today...expend all ammo!
You misuse apostrophes. CEO's. wrong. $30's. wrong. Apostrophes are only used for possession, not plurals. CEOs, $30s. No apostrophe, OK?
Do you understand most of the globe uses their products or mimics/and the rate of implementations will only increase. In addition the adoption of EMV requires a number of steps GAAP revenue recognition requirements are affecting when they can recognize sales. They are and will continue to grow, just inevitable as you will not elminate POS and the security requirements continue to grow. The world is growing quickly with POS sales.