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


To: E_K_S who wrote (52965)12/21/2013 12:28:06 PM
From: E_K_S  Respond to of 78702
 
Net 1 UEPS Technologies Inc. (NasdaqGS: UEPS) - Closed out my small trading position for a quick 8.5% gain

This is one on my watch list on any sell off below $8.00/share. There is still pending litigation w/ SA Gov regarding one of their contracts to be heard Feb 2013. This contract represent almost 43% of their revenues so a negative outcome could hurt the company's short term profitability. That however, could present a good value buy entry point. For now, I am in a wait and see mode.

EKS