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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: Steve Felix who wrote (50889)2/14/2013 1:17:42 AM
From: Jurgis Bekepuris1 Recommendation  Read Replies (1) | Respond to of 78796
 
WU -
Maybe investors are looking out over six months.
Yes, they were also looking out over six months when stock was at $12. :P

I own a position in WU but I would take management's claims of growth in 2014 with a large spoonful of salt. Unless they find new venues for growth, the current channels most likely will continue contracting. And no, I don't believe that .com channel growth and B2B growth is enough to replace the mainstay C2C losses.

I did read their report and transcript, so there is no need to shout about the exciting future that management predicts. ;)

BTW, whenever someone says that Mr. Market has gotten smart and is now into stock for long term "looking out over six months", I know that I should be careful. Mr. Market is never smart and is never into stocks for long term. :) It just looks that way in bull markets, especially when stocks get overpriced. :)