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VeriFone Systems, Inc. Message Board

  • ken_the_bum ken_the_bum Feb 21, 2013 10:47 AM Flag

    Almost 10% of float is short. My guess is that they will really want to cover once a clear bottom is in. Yes and I'm betting on it down here.

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    • sorry but 10% short interest is not that heavy. if it were 30%-40% then sure. not even close. i bet this will bounce, but eventually go down to 15's or so. i am not short the stock, nor am i going to short it. however, i will buy it when it hits 15 or so.

      • 1 Reply to ravens9111
      • IMO it will never get near $15,CEO knucklehead thru everything in with the Kitchen sink,he low balled it so much that they should beat #'s for the year easily in 2013 with the new projections.In the US a lot of people pay with credit cards at Motor vehicle,foot locker,costco,restaurants,supermarkets all over they have PAY machines,don't know what is going on over in Europe, but paying by phone is just starting and PAY should be part of it,I'm glad they preannounced because I would have bought a boat load the week of earnings,so I bought on sale less then $20,this has to start looking attractive to buyers.

 
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