Saean Group Inc. (SEAN)

[vans]

By Justin Sharon Oct 09, 2013 10:45 am
General Payment Systems (OTCMKTS:GPSI) has gained 445.45% in the past year, but considering that still leaves the stock trading at only $0.60, it continues to go for a song. (Even in Sing Sing.) The Las Vegas company changed its name from Continental Prison Systems in September and has 10,841,741 shares outstanding as of last count. In a just published interview, ex-Qwest CEO Joseph Nacchio told of a torturous time behind bars, where his "money" was mackerel and tuna. (Poor fellow; doesn't he know that Whole Foods (NASDAQ:WFM) offers an altogether more upscale penitentiary tilapia? And to think, they say no big fish have gone to jail for the financial crisis.) Regardless, such a sad plight shed fresh light on the issue of incarceration currency. This firm provides debit card and kiosk products aimed at creating cashless technology that begins with the booking process. These proceeds can then be automatically loaded into the prisoner's account, thus eliminating much manual labor. In 2012, General Payment Systems posted more than $4 million in revenue, and shares recently underwent a 1-100 reverse split.

So there we have it -- four jail stocks to score with. Perhaps you've never considered investing in prisons before. But why not try something different? After all, they say a change is as good as arrest.

Read more: http://www.minyanville.com/trading-and-investing/stocks/articles/Michael-Milken-Martha-Stewart-Dennis-Kozlowski/10/9/2013/id/52143#ixzz30tQKD4Yw