LML Payment Systems Inc (NASDAQ:LMLP), Down By 9.91% ($0.21) From $2.120 After BUYINS.NET Report Predicted Stock Would Go Down
July 17, 2012 / M2 PRESSWIRE / BUYINS.NET, www.buyins.net , a provider of unique trading technologies, released a report on Monday, July 16th 2012 stating that LML Payment Systems Inc (NASDAQ:LMLP) was expected to go Down due to the Bearish conditions presented in the following report. Click here to view the BUYINS.NET report: http://www.buyins.net/releases/?sym=lmlp&id=293041
At the time this story was written, LML Payment Systems Inc (NASDAQ:LMLP) is Down By $0.21 (9.91%) since the BUYINS.NET report was released.
The movement of stock prices in the days and weeks leading to and following specific fundamental or technical events may follow a predictable pattern. Many companies stock price histories show random or unpredictable movements around certain events. But some seem to repeat the same pattern quarter after quarter, year after year. We use powerful computers to uncover those events and correlations to generate predictions with high probabilities of generating very specific returns within very specific time periods.
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LML Payment Systems Inc (NASDAQ:LMLP) - LML Payment Systems Inc. provides electronic payment, risk management, and authentication services primarily to businesses and organizations using the Internet to receive or send payments in Canada and the United States. The companys transaction payment processing business line provides electronic payment and risk management solutions for brick and mortar retailers, and mail-order and telephone-order call-centers; solutions that enable e-merchants to accept credit card and debit card payments, electronic funds transfers (EFT), and automated clearing house (ACH) payments; and hosted solutions, including a connection between the merchants Website and the companys host system that provides the merchant with a shopping cart with secure payment processing for credit cards and debit cards, EFT and ACH payments, a secure order management interface, multiple shipping options, and reporting and reconciliation tools. It also offers authentication tools for merchants to reduce the risk inherent in card-not-present credit card transactions; other authentication services that provide merchants with information ranging from the validation of credit card orders to the fraud screening of applications by consumers; and various risk management tools. The companys intellectual property licensing business line involves in licensing its intellectual property estate, including five U.S. patents that describe methods and systems for processing checks electronically. Its check processing/software licensing business line engages in primary and secondary check collection that includes electronic check re-presentment comprising return check management, such as traditional and electronic recovery services to retail clients; and software licensing. The company sells its products and services indirectly through channel and technology partners, and directly through its Website and an internal sales staff. LML Payment Systems Inc. was founded in 1974 and is headquartered in Vancouver, Canada.
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