NetSpend Holdings, Inc. (NASDAQ:NTSP)

CAPS Rating: 5 out of 5

Recs

1
Player Avatar srgarder55 (45.68) Submitted: 6/8/2011 9:44:09 AM : Outperform Start Price: $7.73 NTSP Score: +67.39

Longer term hold. Industry has panties in a twist over Durbin Amendment and how that will effect the debit market. Give Visa time to lay the groundwork and figure out how they can protect their investment. Expect Netspend and Green Dot to both take a beating during this process but I believe profit and future will reign true. May be a longer term hold than many of us hoped for. IPO price was $11, expect senior leadership to get this stock back up to $12-$15 before you sell.

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