VistaPrint Limited (VPRT)

lowellfield (85.77) Submitted: 6/12/08 11:11 AM : Start Price: $27.76 VPRT Score: 9.95

WSJ article about their "referral fees" was interesting. Then it turns out they also operate kind of like a freecreditreport scam where they don't tell you but they're gonna go ahead and bill your credit card every month until you discover it and tell them to stop.

High short interest (probably b/c these concerns are not new), but high valuation and Goldman, who was also the lead underwriter for their IPO, is flacking them to death ($45 price target). In theory the business model is very attractive, and they have a sustainable advantage with their business card printing technology... but c'mon. At best they're a lead generator, and more likely they're straight up crooks.

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