The Monitise share price got a lift towards the end of last week after it was revealed that one hedge fund manager had come out saying that this one might be a big winner going forward.
Billionaire hedge fund manager Leon Cooperman listed some of his favorite stocks on Thursday and said the biggest winner of all might be mobile banking company Monitise.
"That's a five bagger," Cooperman, who runs Omega Advisors, said about Monitise at the SkyBridge Alternatives Conference on Thursday. "That's the one I would pick to win a contest with," he said on a panel that discussed fund manager's best ideas.http://www.reuters.com/article/2013/05/10/uk-hedge-fund-cooperman-idUSLNE94900120130510
Fairly confident prediction there. Perhaps one of the better blue sky opportunities out there, but those interested need to remember it has yet to turn a profit.
No comments:
Post a Comment