Recent

% | $
Quotes you view appear here for quick access.

Mitek Systems, Inc. Message Board

  • inetvestor777 inetvestor777 Feb 8, 2013 11:23 AM Flag

    $20 - $40 not out of question within 15 months, here's why

    MITK is hot Mobile play given its technology is in infancy stage when it comes to its adoption. Daily more people use Mitek technology not even knowing it. If you deposit your pay check or any other check using your mobile phone at bank like Citi or Bank of America or Chase you may have used this little company's product. Already over $13 bln of transactions handled by its licensed software.

    Still not late at all to load up at $4.25, It has started its run now.

    Signed 708 financial institutions to date with 318 customers live as of Dec. 31, 2012

    MITEK customers are BANK OF AMERICA, CHASE, WELLS FARGO, PROGRESSIVE INSURANCE, US BANK, CITIBANK and 700 more.

    Entered into strategic partnership with US Bank for commercial launch of Mobile Photo Bill Pay™

    Increased Mobile Deposit transaction usage over 25% for third consecutive quarter

    Sixth mobile imaging patent issued to the Company by the USPTO, bringing the total number of issued patents to 13 with 14 additional patents pending.

    Announced more than 20 prepaid card initiatives from some of the most innovative banks, large retailers and wireless carriers by making the process of loading prepaid cards simple and easy with

    Signed a strategic mobile imaging partnership with US Bank to deliver the first Mobile Photo Bill Pay product to US Bank customers in early 2013.

    MITK will be $20 - $40 within 15 months if my calculations prove to be correct in forecasting.

    Sentiment: Buy

    SortNewest  |  Oldest  |  Most Replied Expand all replies
 
MITK
3.43-0.33(-8.78%)Jul 27 4:00 PMEDT