Followers | 14 |
Posts | 955 |
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Alias Born | 05/06/2011 |
Tuesday, September 13, 2011 7:39:12 PM
I believe for this stock as long as the ceo/management is honest and they do what they should do we will all be in good shape. I like the merchant account processing business as it is residuals and fyi I am not sure if anyone here knows this or not and you can all research this yourselves - the companies residuals can be sold as there is a market where people will buy the residuals off you and the going rate is anywhere from 14-17 times the monthly residuals so for example I am an agent and I generated a portfolio and I am geting 1k a month residuals I can sell that for 14k-17k - not sure exactly what the number of the residuals this company is making a month but I do know the resale value of it is 14-17x
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