Most recently published stories in Trader.
The Wild West Crypto Show Introduces Faith-Based Amazon Competitor
Episode 119 of the Wild West Crypto Show marked another hectic week in crypto land, with new developments unfolding at breakneck speed. The show, hosted by Drew Taylor and Brent Bates, is meant to entertain, educate and keep the crypto community on top of the latest trends and happenings in the space. While crypto seems to be holding, gold and silver — God’s money — are running, says the Stetson-hat duo. Guests on the show included Lewis Tucker of Purity7, which is set to give Jeff Bezos’ Amazon a run for its money, and Beni Hakak, CEO at LiquidApps, a company that is offering a platform to scale decentralized applications.
5 Valuable Financial Tools for People With Disabilities
This year marks the 30th anniversary of the Americans With Disabilities Act of 1990. The ADA was intended to remove many of the obstacles that people with disabilities face in their daily lives. Significant strides have been made under the ADA, yet you still may face barriers to participating fully in the mainstream financial marketplace if you use a wheelchair or have other limitations. The following tools are available to help make your financial path a little easier to navigate, even with a disability.
ARE THE TECH GIANTS TRADING LIKE BONDS?
The tech giants are trading at valuation ratios that are close to unprecedented for such large companies. Currently, Amazon trades at a nosebleed price/earnings multiple of 122. Apple’s multiple is 33 which is extraordinary for a hardware manufacturer. Netflix clocks in at 84. Tesla leads the pack at 752, but that is largely due to its miniscule earnings. Overall, it is hard to look at these valuations without thinking “bubble.” But there is another interpretation.
Energy Fuels (NYSE American: UUUU) (TSX: EFR) in Ideal Position to Benefit from Increasing Demand for Clean Energy
Recycled over 6 million pounds of uranium to produce clean, carbon-free energy Positioned to participate in the cleanup of Cold War-era uranium sites
VOD First Mover The Movie Studio Inc. (MVES) Files Application for Registered Trademark with the U.S. Patent and Trademark Office
MVES monetizes movies, licensed content through advertiser on demand (“AVOD”) and subscription video on demand (“SVOD”) services VOD industry expected to reach $86 million by 2025, growing at CAGR of 10.7% from 2020-2025
PowerBand Solutions Inc. (TSX.V: PBX) (OTCQB: PWWBF) (FRA: 1ZVA) Adds Another National Auto Insurance Network to its Growing Online Sales Platform
The company’s new cloud-based platform permits car and truck buyers the same ease in transacting purchases that they find on large retail operations such as Amazon PowerBand has announced the expansion of its network of B2B outlets thanks to a referral agreement with insurance products provider Royal Administration Services, Inc. The company has also completed agreements this year with managing general insurance agency Comprehensive Auto Resources Company, Inc. (“CARco”) and D&P Holdings to offer insurance and warranty products through their networks
Borrowing Options for People with Bad Credit
Borrowing money and applying loans has become a frequent fallback option for many people. With the ongoing crisis, many have experienced difficulty getting their applications approved, especially bad credit borrowers. Bad credit owners take the heavy brunt of the economic crisis that's happening today, especially in traditional banks where getting approved is even harder.
Short Term Personal Loans that Skip the Credit Check Process
Loans serve many purposes in people’s lives and since the time that banking has existed, loans have not just been around but also evolved to be safer, quicker and of many kinds. Loans however are not always attainable for everyone. Apart from just being a settled adult, having a constant income and having all documentation that a loan may require, there’s also the credit history that matters.
ISW Holdings (ISWH) Along with Partner Bit5ive Poised to Leverage Growing Potential in Crypto Mining Equipment Space
ISWH, new partner positioned to be powerful players in this promising sector The two companies recently announced the finalization of new Proceso S19 Pod5ive data center design
Sustainable Green Team Ltd. (SGTM) Completes New Mulch Manufacturing Line, Diversifies Further into Evolving Playground Surfacing Material Market
Newly built facility will allow SGTM to increase mulch manufacturing by four million bags per year SGTM has also recently announced it has achieved IPEMA accreditation to diversify product lines into manufacture of playground surfacing material Recent study estimated that playground surfacing material market value to rise to over $5.8 billion by 2026, driven by increased demand from schools, recreational facilities
Trxade Group, Inc. (NASDAQ: MEDS) Continues to Report Revenue Successes Despite Pandemic’s Economic Ravages
The company reported second quarter results July 27 that showed its revenues had grown 244 percent to a record $6.6 million in year-over-year quarterly results, triple the amount garnered during the first quarter of the year The global COVID-19 pandemic caught world markets by surprise during the spring, but Trxade’s emphasis on telemedicine and other online-accessible services positioned it as a visionary company well able to weather the health emergency The company has more than 50 percent penetration of its community pharmacy market nationwide and foresees further growth not only in member participation, but in fee revenue from sales-per-pharmacy metrics
MOST PROLIFIC SHORT SELLERS AMID COVID AND THE RISE OF ROBINHOOD TRADERS
Activist short sellers have ramped up activity this year. During the first half of 2020, dozens of stocks have seen wild price swings. Many biotech companies saw their stocks skyrocket after they joined the race to develop a COVID-19 vaccine. The rise of the so-called Robinhood traders has also caused many stocks to behave irrationally, giving activist short sellers some lucrative opportunities. Here we take a look at the most prolific activist short sellers in the first half of 2020.