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YanksGhost

08/30/18 9:26 AM

#20 RE: Rumpel #19

Any time at all. I have been active in the Fin Tech space for 3 years, with tons of study and digging. Square has been one of my best buys, ever, and I think IIIV can be equally rewarding. There are so few actual public plays here, basically just PayPal, SQ and now IIIV. Everything else is private and in the control of the VC's and developers. The only other publicly traded equities are very small players like NETE ($30 M revenues) or plays like Shopify or JD that are more E-Commerce than Fin Tech.

I am planning to build a position here, with a nice chunk I bought at close to IPO offering price, and expand as my dividend stream provides funds for future buys. I do not expect huge movement here until mid-2019, with a few Q's of earnings beats needed to unleash the beast. The top line growth expectations are as mush as 50% per year as the 8 acquisitions kick into play and client development.