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ghmm

02/28/13 10:23 AM

#8265 RE: btmfdr2 #7714

ISDR:

http://finance.yahoo.com/news/issuer-direct-reports-33-revenue-133000642.html

Surprised at the big negative reaction (granted its low volume). Its not their strongest quarter. To me things are going really well and forecast is looking great! If it was a bit more liquid I'd be adding. They are set to have nice recurring revenue and top line quickly goes to bottom line!

I especially like this line in the PR


Our transfer agent segment, which delivers 68% gross margins, grew 41% this year; while our software license revenue, which generates 99% gross margins, increased 119%."