The Deepwater Horizon Oil Spill began in the Gulf of Mexico on April 20th with a drilling rig explosion that killed eleven platform workers and injured seventeen others. The rig was owned by Transocean, but it was BP who owned the doomed oil well. Now that the damage has [...]
The online financial education company Global Investor Services, Inc. (OTCBB:GISV) is holding a conference call regarding its sales and marketing activities at 1:00PM EST.
Be the first to know what is going on with this company, whose shares are currently trading for pennies and are trading at just above their all time low.
Yesterday (May 4, 2010), a day in which the Dow Jones Industrials declined by over 200 points, the shares of Global Investor Services, Inc., (OTCBB:GISV) gained by over 40% and closed at $.05.
Global, in 2009 underwent a significant surgery that it was lucky to survive. The company scrapped its high overhead and low gross profit [...]
The collapsing Euro will drive the U.S. stock market to new lows. Investor’s concerns about the sovereign debt of the PIIGS (Portugal, Ireland, Italy, Greece and Spain) has caused a sharp and sudden sell off in the Euro against most of the other major currencies and most especially the U.S. Dollar. Since hitting its 2009 [...]
Global Investor Services reported a loss of $4.31 million yesterday for its second fiscal quarter ended September 30, 2009. This compared to a loss of $1.91 million for the comparable prior year quarter ended September 30, 2008. With a first glance at the report many would assume that Global’s woes are increasing. However, this not [...]
Global Investor Services, Inc., (OTCBB:GISV:$.05), a company which is one of ten companies in the Online Financial Sector which I am currently recommending and holding announced that it had signed a Letter of Intent with Questrade, which is Canada’s fastest growing online broker according to Investor Economics. Questrade is the first Canadian broker to allow [...]
Today’s discussion is the consequences of the U.S. government assisting those who are too big too fail. Most especially Chrysler and GM.
Comment: Government organized bankruptcies will have a lingering effect on U.S. for many years to come and will be a major contributor to a much longer Super Bear market. This is a critical [...]
There is another new trend that I find to be especially troubling. It is the fact that many public companies are significantly increasing risk because they are stripping the cash out of their Balance Sheets to execute share buybacks. Even though the brick and mortar retail jewelry business of Zale Corp (NYSE:ZLC) and the online [...]