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Overpriced newly-public stock going into the "payback" phase those are prone to.
I like the company's marketing pitch and how fast the money transfer to overseas is using them. They are a lot cheaper and attractive exchange rates compared to Western Union and Moneygram.only drawback is when customers want to send huge amounts $1000+ they might get better rates on other companies but one thing Xoom is the speed which they transfer the money. I am satisfied xoom customer and waiting for a good entry point to get into the stock.
Changing the way people transfer money.
Great marketing techniques along with potential growth will grow this stock
equity was around 50 million before ipo launch....collected approx 80 million to be used in day to day operationsputs stock close to trading at book valuelost 6 mill last year... should be profitable soon with 50% sales growth expected yr over year for the future.
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