Blog - Page 5207 of 5605

WednesdayJul 11, 2007 7:00 pm

Market Movers at the Bell

Every public company loves to put out good news and see the reflection in its stock price. The following three companies released positive news of some kind today or late yesterday and then watched as their stock prices closed very strong.RIT Technologies (NASDAQ: RITT), one of the leading providers of intelligent infrastructure solutions in the world, announced today it has received a $2.8 million order from a Latin American telecommunications service provider, due for delivery in the third quarter of 2007. Once delivered, it will enable the Latin American telecommunications service provider to complete the first phase of a network-wide…

WednesdayJul 11, 2007 6:01 pm

Stockwire Remains a Favorite Destination for Serious Traders

StockWire.com is visited by many investors because of its well designed and easy to navigate site. The website is packed with many functions and features including blogs, market data, email alerts, a forum and tutorials which introduce complex trading concepts in an easy to learn fashion. The team believes that every investor is different and has his own trading strategy. Their goal is to assist members in finding emerging companies positioned for superior growth, and then allow the members to use their unique approaches. Let us hear your thoughts below:

WednesdayJul 11, 2007 1:45 pm

StockGuru Welcomes EastBridge Investment Group Corporation (OTCBB: EBIG)

EastBridge Investment Group Corporation (OTCBB: EBIG) EastBridge Investment Group Corporation (OTCBB: EBIG) is the first OTCBB listed company whose main business is helping small-to-medium-size Chinese and Indian companies to become public companies in the U.S. Depending on their annual profit and revenue, they can list them on OTCBB, Nasdaq, AMEX or NYSE. Their income sources are from: a) Earning fees and marketable stock equity in the client companies they take public, b) Making cash incomes by operating joint business ventures with their foreign partners; and c) Earning fees by providing merchant banking services to their clients. Their operation is divided…

WednesdayJul 11, 2007 1:39 pm

StockGuru News: EastBridge Investment Group Distributes Dividend Shares

EastBridge Investment Group Distributes Dividend Shares EastBridge Investment Group Corporation (OTCBB: EBIG) PHOENIX, AZ–(MARKET WIRE)–Jul 11, 2007 — EastBridge Investment Group (EBIG) (OTC BB:EBIG.OB - News) today announced that it has distributed a total of five million shares or five percent of the common stock of Nanotek Inc., on a pro-rata basis and without considerations to its shareholders. These shares are distributed to shareholders of record on Wednesday, July 11, 2007. Nanotek’s business deals in electrical and chemical products and services. Keith Wong, President and CEO of EastBridge Investment Group, said, “Our first wholly owned Chinese subsidiary (Fiber One, Ltd.)…

WednesdayJul 11, 2007 12:35 pm

Buyins.net Reiterates Coverage on Extreme Motorsports of California, Inc. (ETMO.PK)

Buyins.net revealed its latest short sale data for Extreme Motorsports. Buyins.net is a service that builds massive databases from data it collects and analyzes in order to help shareholders fight short selling. Approximately 382.2 million shares have been shorted since August 2005 at a volume-weighted average price of $0.0029. The website expects the first short squeeze to occur when shares close above $0.0008, where approximately 143 million shares have been shorted. Below is a table with the information Buyins.Net provided: Month Total Vol. Short Vol. Avg. Price Short $ Value ----- ---------- ---------- ---------- ------------- -------------- September '06 871,728 67,123…

WednesdayJul 11, 2007 11:35 am

SBEI Eclipses 52-Week High with $5-Plus Gain

Shares of SBE Inc. (Nasdaq: SBEI) skyrocketed up the charts today after news of its merger with Neonode was included in a press release issued by Neonode. Shares closed up $5.09 (179 percent) at $7.94 per share on volume of 2,038,668. SBEI has filed with the Securities and Exchange Commission (SEC), and will soon mail to all its stockholders, its definitive proxy materials relating to the previously announced merger of SBEI and Neonode, an increase in the number of shares authorized for issuance under SBEI’s 2006 Equity Incentive Plan and an amendment and restatement of SBEI’s Amended and Restated Certificate…

WednesdayJul 11, 2007 11:05 am

Rancher Energy Corp. (RNCH.OB) Stock Price Increases 9.68% Wednesday Afternoon

Rancher Energy Corp. (RNCH.OB) share prices rose 9.68% Wednesday afternoon, as 51915 shares were traded.RNCH.OB recently filed their Income Statement, form 8-k, and financial statement for term ending March 31, 2007. Revenues for the company increased to $1.2 million, with a higher increase expected for 2008 as the companies producing fields will have four full quarters to contribute to their overall revenue. Rancher Energy Corp. was also able to raises approximately $89 million in private placements. Out of the $89 million secured, $73 million of the private placement was used to acquire three historically productive oil fields in the Powder…

WednesdayJul 11, 2007 9:49 am

Global Resource Corp. (GBRC.PK) Shares Escalate 14.19% Wednesday Afternoon

GBRC.PK share prices have been increasing since the opening bell this morning. So far, 138.7 thousand shares have been traded which represents approximately $430,000. The company recently announced that it received tests which prove that its energy conversion process can produce oil and vast amounts of combustible gas from recycled plastics. The CEO stated, “We have found a technology that will revolutionize the way recycling and scrap yards process materials.” Scrappers and recyclers are now able to convert plastics and rubber into oil and combustible gas by using Global Resource’s technology. The process has been recognized by the U.S. Department…

WednesdayJul 11, 2007 8:22 am

Extreme Motorsports of California, Inc. (ETMO.PK) SqueezeTrigger Price Is $0.0029

Extreme Motorsports of California, Inc. (ETMO.PK) announced that BUYINS.NET has reported recent short sale data until July 2007. From August 2005 to July 2007 approximately 5 billion aggregate shares of ETMO have been traded, equivalent to $ 14.3 million dollars. Out of the total number of shares traded, approximately 382.2 million shares were sold short. The current ETMO SqueezeTrigger price is $0.0029, the volume weighted average short price of all short selling in ETMO. However, the next short squeeze is expected to occur when shares of ETMO close above $.0008, where approximately 143 million shares have been shorted.

WednesdayJul 11, 2007 6:30 am

Wall Street News Issues News Alert for Dragon Capital Group (DRGV.PK)

Dragon Capital Group's Subsidiary announced that it has received two distribution awards from Hewlett Packard of China. The awards illustrate the company’s recognized achievements. Wuzhang Wang, General Manager of the subsidiary, commented, "We are very pleased to be a recipient of these distinct awards as one of the top Chinese distributors for Hewlett Packard products in 2007. Shanghai Zhaoli has consistently been one of top distributors for Hewlett Packard products in China for the past several years as we continue to strengthen our business relationship. We are very eager to continue our valued relationship with Hewlett Packard of China and…

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