this does not make any sense to me.
Sentiment: Strong Buy
better question, why does EEFT trade at 1.2bb valuation, they hardly pull $40mm a year, pay no dividend, and annual revenues as to what WU makes in cash flow and profit. They trade at 28x TE.
If WU trades similar to them, they should be worth 25-28/share.
However, this is what happens when wall street wants to punish a company. In as much as they overpay for stocks when they're hyped, they also sell them off too much when negativity sets in.
WU was never meant to be a public company, they were always better off as private.
let's hope for the best.
do you just look at stock price instead of company valuation? if so, buy SIRI. it is much cheaper than DirectTV