I dont believe that this is only affecting 15% of machines. A terminal going down for a few hours is normal, and a relatively big issue for a company. Terminals going down for a few days is extremely bad. Terminals going down for a week, is insane. Go into any venue that used to use Tyro and see what they are doing now. Do you think they stop accepting credit card payments for the week? Of course not, they switch to another provider. Continuity is imperative, and Tyro cant do that. I cant fathom has the share price has gone up in the last few trading days. I sold out of all of my Tyro shares on Thursday. Disappointing as I thought the company was great, but this will be a massive speedbump to get over, that I don't think the market has yet understood how big it is.
TYR Price at posting:
$3.29 Sentiment: Sell Disclosure: Not Held
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