MyECheck Inc. is a financial electronic transaction processor and provider of alternative payment solutions for internet and mobile commerce. In the past two days the stock has risen 35.38% and 19.32% respectively. A $10,000 investment on Monday would have resulted in a return of $16,153.85 in just 48 hours.
The consumer services sector has actually lost over 2% as a whole in the same two-day period that MyECheck has shown the impressive gain of over 61%. Monday’s 35% gain took place on 89,882 shares while today’s 19% gain took place with 97,717 shares traded. In that short window of time, the recently volatile Dow Jones Industrial Average has gained only 38 points on below average trading volume.
One advantage to the services offered by MyECheck Inc. is that they are mutually beneficial to both the buyer and seller. Their services guarantee prompt payment on various transactions completed around the globe. The services offered can be used to facilitate fund transfers with well over 100 countries and are easily exchangeable with 21 different currencies. These services are helping small business owners increase cash flow and boost confidence in transactions. After the past two days on Wall Street, it is apparent that investor’s confidence has also been boosted in MyECheck.
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