Neteller

[Tzak]

Any opinoins on this?It just keeps going up.

[MarkL444]

http://finance.yahoo.com/q?s=NTLRF.PK&d=t
?

[ctv1116]

http://finance.yahoo.com/q?s=NLR.L&d=t is its ticker on the London exchange. Very actively traded as well.

[Tzak]

I appreciate the help but as lame as I am,still capable of typing neteller in yahoo search.There's just little imfo outside their own site.I was a little concerned about that bulletin board crap and I have no idea what the alternative market is,however the PEG or whatever its called sure looks good.I had watch it double since the ipo and then rolled the dice in a roth.My gut instinct was take shot with this one right away,knowing the industry a tad.They say its never to late,but have little confidance in unlisted crap.Any stock guys here?Tzak

[shant]

I'm curious about this stock too. Anyone have any advice for a beginner?

[Stever]

Wow just looked at a chart of Neteller stock over past year.
Going fully parabolic. I wouldnt touch it unless your an adept short term trader. Looking very toppy. And far too risky to short it at this point cause it could keep blasting off and force you out on a margin call.

Stever
www.TheManWithTheAxe.com (http://www.TheManWithTheAxe.com)

[shant]

Where did you see a chart? Every site I go to doesn't have chart data for it.

[topspin]

[ QUOTE ]
Where did you see a chart? Every site I go to doesn't have chart data for it.

[/ QUOTE ]

http://www.neteller.com/ab/investor/

[lighterjobs]

i think a lot of it has to do with their new atm card.

[DVO]

Neteller has potential. For info, just Google it, get to their website, and go to Investor relations.

Here are my initial thoughts.

1) Their market will grow for quite a while. I do not see an end to this poker boom ( and I'm super skeptical of 'fads.') Gambling is hard-wired into many many people; if you doubt that, consider all the skeptics that for decades have been calling to an end to Vegas' growth. Yet it never stops. And, I submit, poker's allure is enduring. When I walk into the room and my 12 year old kid is playing with 3 of his buddies..obviously growth will level off, but let me tell you, it has an addictive quality that rivals tobacco, alcohol, etc. ( No lecture on parenting, please, it's under control!)

2) Numbers are a bit difficult to understand, largely because they have not been public long enough to have audited financials. But it looks like growth is tremendous and I dont' see why it would slow down. They are expanding into Europe and Asia.

3) Even though the stock has tripled since its IPO, the P/e is around 20. Not bad.

4) I don't like the Related Party transactions nor the issuance of generous options to employees. That's just a way to screw outside shareholders (us). These guys obviously are not taking any pages out of Buffett's book.

4) I don't use Neteller, so I'd like to know why they are so popular. Do they really hit you up for 11% on each transaction? I must be reading that wrong ( from their investor presentation, see the website).

Could a user pleae give me some insight as to :

1)what they like/dislike
2) Competition ( What happens, for instance, if Master card starts letting you use your card to fund poker? Why would they not start, once they see the 66% margins Neteller has?)


This might be a good speculative play ( not a core investment, not for the faint of heart, butlots of upside potential). I've got some work to do before I decide.