Global Axcess Corp (GAXC): It’s Cheap and I’ve been buying heavily.
Global Axcess Corp is currently trading at 4x Free Cash Flow, 10x 2009 EPS est (0.075 EPS), and 5x my 2010 EPS estimate (0.155 EPS). If you take out the onetime charge in Q1 2009, GAXC is actually trading closer to 8x TTM EPS. The stock is dirt cheap at 80c, and I will continue [...]
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