Biotelemetry To Acquire Virtualscopics For $15.5M Or $4.05/share
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
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
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
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 […]
How Much & Where Did The U.S. Export Most Of Its Gold Since 2011?
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
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 […]
Virtually Reality Is Literally Here – And This Is The Best Way To Cash In
You’d hardly consider the daily paper to be a pioneer in cutting-edge technology. Sure, most papers maintain a strong online presence – and some are even true innovators. However, most daily papers are slowly dying – and plenty are already kaput. So, it comes as a surprise that Gannett Co. Inc. (NYSE: GCI) – the publisher of USA […]
The “Three Calm C’s” Suggest The Dollar Likely Ranges For A While Still
Quotable “Every parting gives a foretaste of death, every reunion a hint of the resurrection.” – Arthur Schopenhauer Commentary & Analysis The “Three Calm C’s” suggest the dollar likely ranges for a while still. If you’re a longer term trend follower, and you trade the US dollar index using an exchange traded fund, or the listed […]
GDP Growth Estimate For 1Q16 Declines To 1.4%
I recently discussed the point that the US economy is slowing down based on the yield spread. The GDPNow indicator from the Federal Reserve Bank of Atlanta further confirms that the US GDP growth for 1Q16 is likely to be weak. The chart below shows the GDP growth estimate as predicted by the GDPNow model at different times in […]
