This is the company that recently bought the highly profitable Authorize.net and is continuing to consilidate what it can in the electronic payment processing industry. I see nothing but continued growth for this sector for the forseeable future. I'm… More
The P/E on this company is astronomical. It is also 91% institutionally owned. Their Asset base consists largely of goodwill and intangibles. I think this stock will not meet the hype and the institutions will drop it eventually for greener pastures.