Things changed at USAT, starting at the top with the change over of the board of directors. Their methods of operation changed and revenues have responded with big YoY increases. I bought based on those changes.
I am holding my shares, not selling them, and actually looking for a "sale price" to buy more, but I am being patient.
Every problem in the delayed revenues from the new customer, and the coke suit is already baked into the lower PPS. You can see that from the PPS chart over the past 2 months, which has held pretty steady since "the September panic".
Confidence was shaken. It hasn't vanished. Now I am waiting to see what happens as "the mobile wallet" gains in popularity, and USAT continues to ramp up their connections.
USAT has plenty of challenges in front of it. I am taking a risk. I am pretty informed about them, and am willing to hold my shares.
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