Payment Data Systems Inc (PYDS)

[StockTrader1965]

Lebed.biz Alert May 14th 2008 Part II

Payment Data Systems, Inc. (PYDS) is looking very strong right now and I believe it could be getting ready to break out big!

Be ready for PYDS's 1Q results! They will be released tomorrow after the close at the latest!

We already know that PYDS's credit card processing dollar volume for the first quarter of 2008 increased 47% from the comparable quarter one year ago!

Visa (V)'s payment volume last quarter was only up 19%!

PYDS is one of V's Compliant Service Providers and one of just four companies certified for private label cards! See for yourself here: http://usa.visa.com/download/merchants/cisp_list_of_cisp_compliant_service_providers.pdf

If PYDS's 1Q results are strong I believe we could potentially see the stock take off big!
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Jonathan Lebed
Lebed.biz
Staff