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Net 1 Ueps Technologies Inc. Message Board

  • naydin2005 naydin2005 Aug 24, 2013 10:06 PM Flag

    Here is my take on UEPS

    I have known this company for over a year. I bought and sold it when sec investigation was announced.
    I like to reveal my research for the newcomers who jumped on the board .
    This company has earned between 0.03 and .45 cents in previous 12 earnings. The average earnings is 0.28. The average price action on the days earnings announced is $ 8.62. When you look at the chart and see when it was above 10 dollars it was earning constantly above 30 cents each and every quarter. The problems here which are big : 1. US dollar is gaining. 2. The investigation is not over. 3. This stock never holds its value the following day. 4. The volume is too small, easy to manipulate up or down.
    I just say be careful, actually be very very careful.
    As you can see I am not suggesting long or short.
    But like a history teacher who has watched this thing for over a year, I just say be careful.

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