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Author Topic: MGI
moremula
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interesting chart despite the news


MONEYGRAM INTL INC COM Company Overview
MoneyGram International, Inc. (MoneyGram) is a global payment services company that offers its products and services to consumers and businesses primarily through its network of agents and financial institution customers. The products and services it offers enable consumers to make payments and to transfer money around the world. The Company's business is conducted through its wholly owned subsidiary, Travelers Express Company, Inc. It conducts its business through two segments: Global Funds Transfer and Payment Systems. In October 2007, MoneyGram completed the acquisition of PropertyBridge, Inc., a provider of electronic payment processing services for the real estate management industry. As of December 31, 2007, MoneyGram operated 16 Company-owned retail stores or kiosks in France and 30 in Germany.
Shareholder Equity
Shares Outstanding 82.6 M
Institutional Ownership 95.00%
Number of Floating Shares 81.8 M
Short Interest as % of Float 15.18%

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moremula
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may be getting close for a bounce

http://stockcharts.com/charts/gallery.html?MGI

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moremula
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fair volume, with no $$$$$$$ movement
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moremula
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up 12% today, will it reach 2.50 over the next couple of days
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