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PaySign Had A Scare, And We Took Advantage

September 20th, 2019 · No Comments

  • Priced for perfection, investors were getting scared by a restricted cash issue and a downward revenue guidance, and the shares fell almost 50%.
  • On closer inspection we don’t think these scares are all that scary so we opened up a position for the SHU portfolio.
  • The shares are still not cheap and they are rather volatile, but there are few companies with the metrics of PaySign, boasting 50%+ revenue growth and triple digit profit growth.
  • We think the good times can last for quite a while, given the rate of their pharma market penetration and the upcoming Premier Card.

Source: PaySign Had A Scare, And We Took Advantage – PaySign, Inc. (NASDAQ:PAYS) | Seeking Alpha

Tags: PAYS