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

To: Steve Felix who wrote (50925)	2/15/2013 5:59:52 PM
From: Jurgis Bekepuris	Respond to of 78753

That +$9 is misleading, since it was only available for people who got into IPO allocation. I sold some of my WU position today. My Lithuanian sources (haha) tell me that there are tons of Internet-based money transfer services springing up there. Clearly that won't affect India/Africa/poor-Asia immediately, but I think that WU management is overoptimistic on sustaining their business and margins. WU is still cheap though, so if I was not looking to raise cash, I'd probably hold... Disclaimer: I may change my mind and my position at any point in time.