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2013/06/28

Take Off For A Week

Friday, June 28, 2013

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Take Off For A Week

 

by Rob Goldman

 

 

If you ever felt you needed to walk away from the stock market for a while to clear you head and relieve some of that investment-driven anxiety and tension, now is the perfect time.  Starting Tuesday afternoon, volume, activity and general interest in the market will begin to wane. After all, Thursday is Independence Day and the market is only open for half the day Wednesday and many people will take off Friday as well.

 

Truth be told, from time to time, some bargains can be found on days like next Friday. Still, prior to that day, we suspect market watchers will begin to concern themselves with quarterly earnings, although volume should be lighter than normal. 

 

Of course, this is a major departure from the monetary easing news-dominated market we have experienced over the past couple of weeks. You're probably still scratching your head wondering why the market has enjoyed two straight big up days following a 25% reduction in the final tally for Gross Domestic Product (GDP) for 1Q13. Doesn't that mean slower growth? Isn't that a bad thing?

 

To read more click here >> or visit http://www.thestockjunction.com

 

The First National Bank of Prison

 

by Rob Goldman

 

 

This is a great country. Granted, the entrepreneurial spirit is not quite what it once was, nor is the level of creativity. Still, you have to give props to the guys who see an unmet need in a market - no matter how odd it may be - and build a solution tailored to fill that need.

 

Last year, we profiled a company or two that are in the prepaid debit card and/or payments arena. In those cases, the target market happened to be youth.

 

One of those companies was Virtual Piggy, Inc. (OTCQB: VPIG - $2.40), which has nearly doubled since our profile in 2012. VPIG is the first e-commerce solution that enables kids to manage and spend money within a parent-controlled environment. Moreover, this platform also allows merchants to sell to them while complying with the Children's Online Privacy Protection Act (COPPA).

 

To read more click here >> or visit http://www.thestockjunction.com

 

 

 

 


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