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Mermelstein

07/22/15 12:36 PM

#1801 RE: sopelote #1800

Even when the stock was $0.10 they were still making money, just not as much as they make now. So I thought it was undervalued at $0.10 and had decent growth prospects. Fast forward to today, and you have a company that's trading for less than 15x earnings that basically mints money every quarter. Look at other processors in the industry that trade for 30-50x earnings and aren't even growing as fast, nor have the upside PYDS potentially has with Akimbo. So today, you know what you're getting.... back at $0.10 it was more of a dice roll.