SwingTrade Member Forum

[Rawnoc]

GAXC - thoughts as of 9/21/09:

GAXC = self-service kiosk company making nice money with huge growth potential ahead of it. Currently they mostly own, manage or operate a huge network of ATMs but they have been test-marketing with great success and are in the process of launching through their network DVD-kiosks in the same fashion as Coinstar's Redbox. In addition, they are signing some very interesting new deals for their ATM services which should also help accelerate their top and bottom lines. The upside potential for earnings (and the stock price) are huge if they even get a sliver of the DVD-kiosk market which has some really huge margins.

Recent insider buying including from CEO George McQuain:
http://finance.yahoo.com/q/it?s=GAXC.OB

MidSouth Investor Fund owns 5.8% of GAXC. They have recently been acquiring shares.
http://yahoo.brand.edgar-online.com/displayfilinginfo.aspx?FilingID=6722501-1920-6833&type=sect&TabIndex=2&companyid=10136&ppu=%252fdefault.aspx%253fcik%253d852570

Website
http://www.globalaxcess.biz