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Global Axcess Corp. Message Board

  • longtimefollower longtimefollower Aug 1, 2009 4:06 AM Flag

    highest trade in nearly 3 years!!

    Looks like we've got the big mo, with decent volume coming in here again. I don't want to be "giddy" here, but it's hard to see how the earnings will be disappointing, considering they hired an IR counsel, just several weeks ago. (I hate to make "projections," but I'm guessing somewhere very close to 3 cents in EPS. Annualize that, and we're still selling at only 4 1/2x earnings, and paying down debt...if we want to....like "fiends.")

    I still think this thing can readily trade up to around $1, to match something closer to what would be considered "fair" value. Certainly seems reasonable, on the outside, within 12 months, anyway.

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