Online Resources Corp may no longer be looking to sell itself or have a very bright 2011 to look forward to, yet some are placing long-term bets on the management's aggressive plans to boost profitability. The financial technology provider, which is seeing a turnaround under Chief Executive Joseph Cowan, caught the eyes of potential acquirers but a recent rally in the shares of the company may have deterred a deal from materializing. Nearly a third of the company's market value eroded on Wednesday, a day after it pulled the plug on a possible sale and forecast a disappointing year ahead. Is the sell-off overdone? Or will competition squeeze its turnaround efforts? Here are some views:
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