They said two things that got me very interested. First and most important, the Cielo software upgrade will mean that every consumer will be offered DCC at the POS. Speaking from experience this means they will see approximately a 80+/-% acceptance rate for DCC at the POS on ALL Cielo merchants- Let me say it again ALL Merchants/All Consumers.This is HUGE Revenue! Carl also said they are going to actively purchase shares at these low prices- they know big revenue is on it's way so they will buyback BIG now! In addition Carl said he had something to announce in the coming weeks NOT months or quarters... I don't recall exactly what he said. Charlie I am with you... I prefer a sale and that is what I expect.
Volume has been low so doesn't look like they've been buying the $6M share repurchase yet- at least not that I can tell. I have another low volume processor and their share price recently jumped 50%. it doesn't take much to move it. With Planet making one decent buy we can jump quickly. Also, there's a major deal that was recently signed but not yet announced. This is processors best quarter of the year so it's a strong, strong buy at this price.