FridayJun 29, 2007 4:04 pm

Top Closers with Big News

Consumer spending increases didn't meet expectations today, and core prices, excluding food and gas, rose at its slowest pace since 2004. These slowdowns backed the Federal Reserves decision to keep the rate unchanged at 5.25 percent, calming inflation concerns.The U.S. 10-year Treasury dropped to 5.03 percent, down .07 from yesterday's rate. Crude prices closed today at $70.68, the highest price in the last 10 months. The dollar was choppy against the euro for most of the week, but the drop on Friday added to another week of the dollar weakening against the euro. MAX Entertainment Holdings Inc. (OTCBB: MXEH) announced…

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FridayJun 29, 2007 4:04 pm

Early Movers with Big News

Each morning, the exchanges come alive - and finding a company with news to back its movement allows MN1 to bring you updates each morning and afternoon to keep you on top of the small and micro-cap markets. The following companies released news late yesterday evening or early this morning:Shares of China Natural Gas Inc. (OTCBB: CHNG) were up 30 cents, or 7 percent, to $4.38 this morning after the company announced it will enter the third quarter of 2007 with 17 revenue-producing CNG filling stations. China Natural gas will continue to provide compressed natural gas through the two operations…

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FridayJun 29, 2007 4:04 pm

CryoCor (CRYO) Stocks Jump After Yesterday’s News

Share prices for revolutionary medical technology company CryoCor (Nasdaq: CRYO) skyrocketed this morning before slowly settling down this afternoon, launching from yesterday's closing price of $4.84 a share to this morning's opening price of $6.77, then dropping down to a price of $5.86 a share by 1:21 p.m. CDT.The source of the activity seems to be a press release the company published after market close yesterday. According to the release, CryoCor and the Boston Scientific Corporation (NYSE: BSX) recently announced a "strategic collaboration in the field of cryoablation" - the process of restoring electrical conduction in the muscles of the…

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FridayJun 29, 2007 4:04 pm

Skytop Resorts (SKTPP.PK) – A Refreshing Investment

Resort hotels may sound like an unusual investment in today's fast-paced, technology-driven, buzzword-laden market, but Skytop Lodge International (Pink Sheets: SKTPP), the operating company of Skytop Lodge Resort in the Pocono Mountains of Philadelphia, has been an investor favorite since 1928.According to the company's Web site, the resort sprawls over 5,500 acres of magnificent mountain estate and encompasses an entire lake, a golf course, and a skiing area. At the center of the estate is the resort itself, a historic Dutch Colonial stone manor that can provide luxury accommodations for up to 125 guests a night. In a brief interview,…

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FridayJun 29, 2007 4:04 pm

Interactive Games (IGAM.OB) Jumps Up on “Spin-Off” News

Shares of Interactive Games Inc. (OTCBB: IGAM) ballooned up 33 percent today after news of the "spin-off" of its subsidiary surfaced. In mid-day trading, the stock was up 2 cents (33 percent) to 8 cents per share on volume of 313,370 shares.IGAM announced that its board of directors have established July 10, 2007 as the "record date" for determining the record holders of company common stock for purposes of receiving a pro rata spin-off distribution of the shares of capital stock of the company's wholly-owned operating subsidiary, to all of the company's shareholders. This spin-off of the company's current business…

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FridayJun 29, 2007 4:04 pm

SEC Announces Early Results of Penny Quoting Pilot Program

Today the Securities and Exchange Commission (SEC) announced results from the Penny Quoting Pilot program mandated in January 2007 to test the theory that penny pricing may reduce trade costs for investors by slimming the potential for market makers to earn a spread between options prices. According to the SEC, the tests did result in lowered trading costs for retail trades.In a press release this morning, the SEC said an analysis of reports from the options exchanges by the Commission's Office of Economic Analysis indicate that the Pilot has been successful in narrowing average quoted spreads, which enables investors to…

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FridayJun 29, 2007 1:52 pm

Beacon Equity Research Highlights: SUN Sports and Entertainment Inc. (SSPE.PK), as Company Signs Distribution Deal for Pay-Per-View

SUN Sports & Entertainment Inc. (SSPE.PK) reported this week that it has signed an agreement with American Television Distribution (ATD) to distribute their "Art of War 3" Pay-Per-View event which is taking place in Dallas, Texas on Saturday September 1st, 2007 at the American Airlines Center. American Television Distribution licenses television series for syndication in domestic and international outlets. ATD handles the distribution of one of the most popular pay-per-view shows on TV and the uncensored versions of the reality show "Cheaters," titled "Cheaters Uncensored".     ATD President, Tommy Habeeb commented, "We have been very successful with producing and distributing pay-per-view events,…

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FridayJun 29, 2007 1:29 pm

Recently Rated “Speculative Buy” by Beacon Equity Research, LipidLabs Inc. (LPDL.PK) Earlier This Month Reported Teaming Deal and Shares Soar Up 23.81% Friday

LipidLabs, Inc. (LPDL.PK) reported recently that it has agreed to begin distributing the SpectraCell Lipid Analysis test through Wal-Mart's (NYSE:WMT - News) mini-clinics operated by Intrepid Holdings, Inc. (OTCBB:ITPD - News).   This diagnostic tool is a more precise cholesterol test that allows doctors to identify health risks that traditional screens miss. This advanced analytical technique can help doctors diagnose early warning signs for coronary heart disease, which kills more than 2,600 Americans a day, according to the American Heart Association. High LDL cholesterol is a major cause of coronary heart disease, according to the National Cholesterol Education Program. "We…

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FridayJun 29, 2007 1:20 pm

Extreme Motorsports of California, Inc. (ETMO.PK) Leads the Competition with Over 20 Years of Experience

Extreme Motorsports was formally known as CM Custom when it opened in 1983. Since then the McCaa family has been building sandrails & off road vehicles with prices that are attainable for most budgets. The company believes that everyone who has a desire to go duning in sandcars should be able to. With its multiple lines of sandcars and financing plans, just about anyone can afford their vehicles. Extreme Motorsports is well positioned in the unique market and currently the only sandcar company traded. The company has the potential to generate significant revenues as duning become more popular. Please share…

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FridayJun 29, 2007 12:57 pm

TSX Tour: Do You Know Why Canada is Hot?

Among the buzz between money managers, CEOs and businessmen at the TSX Group road show, "Sarbanes Oxley" and "capital pool" seemed to be the most frequently used words. And it was a shared perception that the landmass just north of the U.S. border offers small and mid-cap companies a fountain of capital. As one gentleman told me, "Canada has appetite." TSX stopped at the Crescent Hotel in Dallas yesterday, as part of its worldwide tour to promote its dual-tiered system - the Toronto Stock Exchange and the Toronto Venture Exchange - and to raise awareness of the opportunities for small…

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