The First National Bank of Prison

Wednesday, June 26, 2013
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		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   The Market Needs Crisis   by Rob Goldman     Late last week I was pissed. I made some bad stock calls. And I couldn't remember symbols of stocks I wished to follow after losing them on my screen due to a miscalculated touch of a button.   It happened on Thursday, when the stock market endured a bloodbath not seen in 18 months.  Of course, that made my foul mood even worse. Once I settled down on Friday, I realized that while a whole slew of economists, analysts and even Federal Reserve members castigated Fed Chairman Ben Bernanke for his market-killing comments, it may turn out to be the best thing for us all.   No, we probably are not done with this downward trend as we approach a corrective phase. Still, the market was very tired and the last strands that held it together were the monetary policies and outlook toward interest rates, GDP and inflation.   To read more click here >> or visit http://www.thestockjunction.com

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