Friday, April 12, 2013

A Little Evertec, Inc.

I put in an indication of interest and received a few IPO shares of Evertec, Inc. (Ticker: EVTC). This company is a leading payment processor in Latin America and the Caribbean. It’s profitable and I like this kind of biz where there is a lot of recurring revenue. I’ll probably hang on for a bit and see how it plays out. It’s up ~ 5% and may add, but I want to evaluate for at least a few months so we’ll see…


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