VISA dumped Monitise. That tells me there is nothing special about their software. The price of the stock tells me there is a big problem with the financials. Cooperman is the only hope to find a buyer.
Have they sold their stock? Why do they no longer want to partner with MONIF? Will other partners drop off? I have been out since $1.10 and I would love to buy here but these questions need to be answered.
The cost of printing the LA Times is about 5 cents an issue. So the paper should only sell for 6 cents. 20 % "profit" is enough for those idiots.
into MONIF. Sold last year at $1.09. I wish they would stop diluting the shares. At this price I have to believe they will not issue anymore shares. Does anyone know if VISA has sold its shares.