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The Company deals in money transfer, providing people with fast, reliable and convenient ways to send money around the world, pay bills and purchase money orders.
WU is not my favorite long term payment stock. I think others are moving into their money transfer space; but they are still eanring money and after the large drop in Fall of 2012 they are good value. But I am thinking short term.
I agree. This is an arbitrage opportunity. Mr. Market has unduly swacked this stock.
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