very good time to buy I would think the wiseguys in stocks see that ...what is the cost per share now? ..I wonder how to buy some? can I put some of my 401K into it? if so how?
if the bill does not even make it to the senate for a vote or something good like that the stock will RISE huge and people will $
if the bill does not even make it to the senate for a vote or something good like that the stock will RISE huge and people will $
Woody, IMO, neteller's large market is the US. European customers don't have any problem using credit/debit cards and at the same time neteller refuses customers from Eastern Europe = the place where cards are not that popular yet so Moneybookers welcomes them. I think the bill could be a huge hit to neteller. Still, I hope they stay around and flourish as I really like their service.
I say it is a buy - better yet, buy some options and limit downside.
Even if the US passes this, Neteller can tell them to Foff and likely would. Neteller targets a US clientele. How is the US going to prevent transactions to Neteller? It is impossible.
The NY attorney general basically begged paypal to block gambling in NY - WHy? Because he knew stopping them was impossible (So he played the card of bad press and ebay bought it). Paypal was located in the US and the government could not stop them.
Neteller will not dissapear. They operate under a set of laws that is not US run. There is a very good reason why they did not open in the US and an even better reason why they moved from the Isle of Man to the UK (You think it was cause they wanted to pay employees more?) More likely they want to challenge the US government to say you can not send money to a major banking institute in Europe.
-Sean
Even if the US passes this, Neteller can tell them to Foff and likely would. Neteller targets a US clientele. How is the US going to prevent transactions to Neteller? It is impossible.
The NY attorney general basically begged paypal to block gambling in NY - WHy? Because he knew stopping them was impossible (So he played the card of bad press and ebay bought it). Paypal was located in the US and the government could not stop them.
Neteller will not dissapear. They operate under a set of laws that is not US run. There is a very good reason why they did not open in the US and an even better reason why they moved from the Isle of Man to the UK (You think it was cause they wanted to pay employees more?) More likely they want to challenge the US government to say you can not send money to a major banking institute in Europe.
-Sean
I doubt it was neteller. You may have seen an article on google's new micro payment product? Google Checkout?
http://checkout.google.com/
there was a big fuss over e-bay removing it as an authorized payment method earlier in the week.
http://checkout.google.com/
there was a big fuss over e-bay removing it as an authorized payment method earlier in the week.
Iceman said:
465.50 GBP , today's closing price.
http://investors.neteller.com/neteller/
it's traded on the london stock exchange. historical high 894 GPB
chart does look scary, 5 times everage volume today.
maybe a short position as a hedge if online gambling is your primary source of income? :smoker2:
