I agree TTC, FIS should be due for some upside... and the FISO options appear to offer good leverage... $0.20 strike with long dated 28 Feb 2011 expiry.
I saw someone describe FIS as illiquid... which is a little bizarre given there is only about 120 million FIS on issue (BAR has about 250 million on issue)... I imagine there is a significant percentage held by "insiders" and the fact there isn't boatloads of this trading suggests they like it for the longer term...
this reminds me of a wee oil & gas company that went from an issue price of $0.20 to $2.00 fairly swiftly because there was naff all on issue, and it was tightly held... obviously they needed a decent asset to generate the interest (which they had) and it appears to me that the BAR/FIS asset is pretty good as well... it must surely be worth more than the market cap's of the two companies combined??
despire the doom & gloom, last time I checked about 99.9% of the billion plus Chinese population were still breathing, and Mr Obama was still waving wads of cash at America's crumbling infrastructure...
FIS Price at posting:
11.0¢ Sentiment: LT Buy Disclosure: Held
