Payment Data Systems Announces Fourth Quarter And Year End 2015 Results
Mar 25, 2016
Jeremy Parkinson
Finance
SAN ANTONIO, Texas, March 24, 2016 (GLOBE NEWSWIRE) — Payment Data Systems, Inc.(NASDAQ:PYDS), an integrated payment solutions provider, today announced financial results for the fourth quarter and year ended December 31, 2015. Fourth Quarter 2015 Financial Highlights Revenues were $3.7 million Gross margins were $1.4 million, or 37.8% of revenues Operating income was $136,991 Adjusted EBITDA1 was […]
Gold — Pregnant With Possibility
Mar 25, 2016
Jeremy Parkinson
Finance
Despite gold’s recent sell off, I feel increasingly comfortable with our short-term (one-year) and our long-term (five-to-seven year) forecast of the future price of gold. Indeed, by this time next year, gold’s price could be challenging or even surpassing the yellow metal’s all-time high of $1,924 an ounce reached in September 2011. And, looking further […]
Best Stock Market Indicator Update – March 25, 2016
Mar 25, 2016
Jeremy Parkinson
Finance
Written by Jill Mislinski We continue to receive requests for updates to the “Best Stock Market Indicator”, which used to be a regular guest post from John Carlucci. Here is an update of the “Carlucci” indicator along with a summary of John’s explanation on how he uses it. As John described it: “The $OEXA200R (the percentage […]
Biotelemetry To Acquire Virtualscopics For $15.5M Or $4.05/share
Mar 25, 2016
Jeremy Parkinson
Finance
BioTelemetry (BEAT) and VirtualScopics (VSCP) announced that the two companies have entered into a definitive agreement whereby BioTelemetry will acquire VirtualScopics. BioTelemetry will commence an all cash tender offer for all outstanding common and preferred shares of VirtualScopics. In the tender offer, BioTelemetry will offer investors $4.05 per share for VirtualScopics’ common stock, $336.30 per […]
Why Banks Like BMO Are Testing Pay By Selfie Technology
Mar 25, 2016
Jeremy Parkinson
Finance
Banks are looking for new ways to verify your identity when you’re using one of their credit cards. Canadian bank BMO (BMO) announced earlier this week that it’s rolling out a new type of technology called Pay by Selfie. Developed by MasterCard, the technology places a biometric security layer on top of general credit card usage. […]
“There Is No Word To Describe This” – The Energy Forward P/E Multipe Is Now Off The Charts
Mar 25, 2016
Jeremy Parkinson
Finance
Back in January 2015, when we looked at the utterly disconnected fundamentals of the energy sector, we were stunned to note that the forward 12-month P/E for the Energy sector has risen above 22.4, the first time it had done so since April 8, 2002. On that date, the closing price of the Energy sector was […]
The Ultimate Must Have Investment
Mar 25, 2016
Jeremy Parkinson
Finance
Michael Burry has time for just one investment these days. The doctor-turned-fund manager, best known for his depiction in the Oscar-nominated movie “The Big Short,” was already a legend in investing circles for his tenure at Scion Capital, where he beat the market by 96 to 1 from 2000-2008 and oversaw record returns of more […]
Fed Bankers Bark But Won’t Bite
Mar 25, 2016
Jeremy Parkinson
Finance
Discussion about the Fed and GDP. Audio Length: 00:28:12
How Much & Where Did The U.S. Export Most Of Its Gold Since 2011?
Mar 25, 2016
Jeremy Parkinson
Finance
Since 2011, The United States exported the majority of its gold to only four countries. In the past five years, the U.S. exported a total of 1,961 metric tons (mt) of gold to these four countries which accounted for 68% of the total 2,876 mt. As we can see in the chart, the top four […]
What To Watch For In Gold & Gold Stocks
Mar 25, 2016
Jeremy Parkinson
Finance
Gold and gold stocks finally showed a bit of weakness during the holiday shortened week. Gold had its biggest weekly loss in months, losing 3% to $1217/oz while the miners (GDX, GDXJ) declined about 5%. Silver lost 4%. If weakness in Gold and gold stocks continues then we should turn our attention to technical support […]