IPO with Walmart connection! GDOT
Dot your 'i's Green
IPO with Walmart connection!
The largest Prepaid Debit-Card provider in the nation operating out of Walmart stores nationwide, Green Dot, is expected to go public tomorrow on the NYSE under the symbol GDOT.
It could be a very interesting and perhaps lucrative offering for investors because the float is very small just four million shares and Walmart will retain over 30% stake in the company. Since the float is so small don't expect big hedge funds to accumulate big chunk of stock, their interest, however, could drive up the stock price.
Prepaid Debit Card use is on the rise, many Americans who lost their credit cards in the current economic turmoil find Prepaid Debit Cards very helpful, and the security conscious consumers are increasingly turning to prepaid debit cards for online shopping.
Green Dot purchased a small bank recently that would help expand its product offering and reduce the processing fee. The company said to have made money during these tough economic conditions and its share of Prepaid Debit-Cards will continue to rise because of the Walmart connection.
Source: WSJ , OxBridgeResearch, PennyStockMonster, OTCking
Category: Banking, Prepaid Credit Cards, Prepaid Debit Cards,
JJ20100721
Glu Mobile, GLUU, Profile
Glu Mobil| GLUU | Summary | Profile
Mobil Games developers like Glu Mobile, GLUU, are attracting huge investor interest, the company has successfully raised $13.5 Million Dollars recently.
Despite the economic slowdown, smart phones sales growth remains healthy, the recent introduction of 4G is helping the growth of Mobil Gaming Industry.
Glu Mobile Inc. develops and markets mobile games worldwide. The company’s games are based on licensed intellectual property include Call of Duty, Deer Hunter, Diner Dash, Guitar Hero 5, Family Feud, Family Guy, The Price Is Right, Transformers, Wedding Dash, Who Wants to Be a Millionaire?, World Series of Poker. In addition the company has a portfolio of games based on its own intellectual property. The company also develops games for social networking Web sites.
Source: The Company, OxBridgeResearch, PennyStockMonster
Category: Mobil Gaming, Social Media,
JJ20100712
Social Network with membership Benefits?
The Only publicly Traded Pure Social Media Play
There are tons of companies in the Social Media ecosystem providing an array of services. TCLN.OB, so far, has been the only main stream publicly traded 'pure social media' play.
There are hugely successful privately held companies from the niche players like Four Square to the industry giants like the Facebook. Facebook, according to the industry experts could be worth over $20 Billion Dollars today.
The chances of Facebook going public or Twitter for that matter in the year 2010 is very, very remote. However, TCLN.OB, is a small publicly traded company with a unique revenue sharing business model. This revenue driven membership program makes this company stand out, and could prove a huge success attracting new members.
According to the ComScore and other industry analysts, over 500,000 new members join facebook and other social media networks every day. As for as we know, none of them currently provide any direct financial incentive to their members, only TCLN has the program in place.
Sources: The Company
Industry Sources
Pimco eyes booming advisory growth
Pimco Advisory, the arm of bond giant Pacific Investment Management Co that found its calling
Pimco eyes booming advisory growth Pimco, the investment management company that made its name investing in bonds, has made huge gains in expanding its advisory business on complex investments, with that business now topping $1 trillion in assets, the head of Pimco Advisory told Reuters. Pimco Advisory, the arm of bond giant Pacific Investment Management Co that found its calling during the global financial crisis with the U.S. Treasury and the Federal Reserve as its first major clients, has both expanded its business with the Fed and won substantial private-sector business, its global head, Richard Weil, said in an interview. Pimco Advisory -- which advises clients on issues such as how to restructure loan portfolios, liquidate holdings and best time those sales, as well as offering structured credit services to both private and public institutions -- has gone from advising on $20 billion in assets at most before 2008 to more than $1 trillion in assets this year alone, said Weil. "That dwarfs by a huge magnitude what we were doing before. I think it is a long-term sustainable business," said Weil, who was named global head of Pimco Advisory when it was established as a separate business last May. In the wake of the global credit crisis, Weil, in his first extensive interview as Pimco Advisory's global head, said private and public sector entities will find it "hard to maintain the expertise that is required to deal with these very hard situations." Pimco Advisory's business is now split evenly between the public sector and private industry, he said. Pimco Advisory has served as the collateral manager for the Federal Reserve's Term Asset-Backed Securities Loan Facility portfolio to revive securitization markets, won business as the adviser for the Fed's Commercial Paper Funding Facility, and become the adviser for the National Credit Union Administration. Last month Pimco beat out rivals including BlackRock Inc, the world's largest asset manager, to advise the National Association of Insurance Commissioners to help reassess the level of mortgage risks taken by insurance companies in a bid to improve on traditional bond ratings. The insurance industry's decision to pick Pimco comes in the wake of sharp criticism that rating agencies Standard & Poor's, Moody's Investors Service and Fitch Ratings mis-rated huge swaths of collateralized debt obligations and structured debt. "We are not strategically looking to replace the rating agencies, but we believe there is a role for people doing rating agency type work," Weil said. "The NAIC made a decision to seek an alternative approach." The advisory business represents a significant change for Pimco as it expands into areas such as equities outside its core strength in bonds. The firm manages more than $940 billion in assets, mostly in fixed income. Pimco Advisory is a separate business line housed in a separate building, with a staff that has gone from zero to 40. courtesy: http://www.reuters.com/ http://OxBridgeResearch.com
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