Are You Prepared for the Aftershock?Aftershock is defined as a less powerful earthquake that follows a more forceful one.
Stock Guru’s picks had a good day — well good might be an understatement — in the face of the stock market equivalent of a major earthquake: 56.10 percent in ONE DAY? And TODAY OF ALL DAYS! 233% up since coverage initiated is a good story and over 4 percent TODAY of all days!
If you are still reeling from the tumultuous equity markets take a good look at two of our picks that had a stellar day by anyone’s definition.
- RXEI.OB was up today 56.10 percent
- SFMI.PK was up 4.35 percent today but that is a small part of their 233% story! Because that’s how much they have been up since coverage was initiated.
First, RX Elite. RXEI.OB – I have been impressed with this company. This stock is moving up because it has a simple, straight forward great story.
- RXEI takes generic drugs that are difficult to manufacture (read — high barrier to entry — not just anyone can step in and compete).
- RXEI selects drugs that are in huge demand.
Sevoflurane is the most widely used, inhalable anesthetic gas in the world.
RXEI is experiencing month to month doubling of Sevoflurane sales.
RXEI is developing and expanding their manufacturing plants.
RXEI is putting experienced talent in place.
This is a great, great, great company and if today is not proof — then there is no proof to convince you!
- Sevoflurane is the largest selling inhalable gas in the world.
- This market is anticipated to be a $35M to $40M business for the first year of distribution.
- RxElite has announced it sees $100M in sales by 2010.
- This is the first in a long line of generic products to be distributed.
What we KNOW is that with the manufacturing plants in place RXEI has got the muscle to move on to other products.
LOOK OUT BIG PHARMA! RXEI KNOWS WHAT ITS DOING!
Second, Silver Falcon Mining, Inc, SFMI.OB – I was impressed with the power of gold today but SFMI put the DOW to SHAME! Moving up 4.35 percent. This is JUST THE BEGINNING of this story! Watch this company.
With the new GOLD TARGET that means more profits … lots more profits. If gold closed at $890.00 and the target is $1,145.00 — that’s a huge pay increase!
Today, amidst the equity earthquake you may have missed that the new gold forecasts led to some changes in ratings and price targets for several gold metals producers. Credit Suisse analyst, Anita Soni, raises her price target for the next five years with a forecast that gold will breach the $1,000 mark by 2009 and hit $1,145 an ounce by 2012.
Soni raised Kinross Gold Corp.’s price target to $23 from $19. Kinross shares rose $1.20, or 5.9 percent, to $21.60. This is huge for SFMI. Kinross is their neighbor to the north. See the map below.
I always count on the dollar and the price of gold to move inversely, as each is considered a hedge against the other. Today I watched as gold shares mostly rose in what was unquestionably a volatile trading session after the Federal Reserve cut a key interest rate. The dollar took the hit from the Fed cut but gold just rallied … again.
On the New York Mercantile Exchange, gold for February delivery rose $8.60 and landed at $890.30 an ounce and I believe we are going to see some very good movement in our mining stocks.
Oh, and by the way Soni’s other upgrades spell happy sailing for all gold shares with the upgraded Barrick Gold Corp. to “Outperform” from “Neutral” and raised her price target to $59 from $43. Shares of Barrick rose $2.85, or 6.1 percent, to $49.58.
I want you to be up to date and informed as we continue to experience shock and after shock.
STAY TUNED FOR MY LOOKING FORWARD: U.S. financial markets believe the Fed will cut its benchmark rate again – and soon – even after Tuesday’s three-quarter-point cut. It looks like the February fed-funds contract is fully priced for a 25-basis-point cut to 3.25% – and investors have priced in a 68% chance for a further easing before or at the upcoming Jan. 29-30 meeting.
SFMI: Stock Guru Profile News Blogs
Since we began covering SFMI it has had a great, great run.
Source:
Silver Falcon Mining, Inc.
7322 Manatee Ave. W. Suite 299
Bradenton, FL 34209
Phone: (941) 761-7819
Website: www.silverfalconmining.com
Email: info@silverfalconmining.com
SFMI Investor Relations:
Yes International Ltd.
Attn: Rich Kaiser
3419 Virginia Beach Blvd., #252
Virginia Beach, VA 23452
Phone: (757) 306-6090
Silver Falcon Mining, Inc. cautions that the statements made in this press release constitute forward-looking statements, and not guarantees of future performance and actual results or developments may differ materially from the projections in the forward-looking statements. Forward-looking statements are based on the estimates and opinions of management at the time the statements are made.
Forward Looking Statements: The information in this release includes certain forward-looking statements that are based upon assumptions that in the future may prove not to have been accurate and are subject to significant risks and uncertainties, including statements to the future financial performance of the Company. Although the Company believes that the expectations reflected in its forward-looking statements are reasonable, it can give no assurance that such expectation or any of its forward-looking statements will prove to be correct. Factors that could cause results to differ include, but are not limited to, successful performance of internal plans, fluctuations in foreign currency exchange, the impact of competitive services and pricing, or general economic risks and uncertainties.
Disclosure: Pentony Enterprises LLC has been compensated $14,100 cash from stockpromoters.com for profile coverage. Pentony Enterprises is not a registered investment adviser or a broker/dealer. Pentony Enterprises LLC makes no recommendation that the purchase of securities of companies profiled in this web site is suitable or advisable for any person, or that an investment in such securities will be profitable. In general, given the nature of the companies profiled and the lack of an active trading market for their securities, investing in such securities is highly speculative and carries a high degree of risk.
Disclosure: StockGuru.com is owned and operated by Pentony Enterprises LLC,9555 Lebanon Road, Suite 103, Frisco, Texas 75035. Telephone: (214) 458-4258. Web: StockGuru.com. Email: Publisher@stockguru.com
Source: RxElite Holdings, Inc.
RxElite Holdings, Inc.
Ph: (208) 288-5550
Toll Free: (800) 414-1901
Fax: (208) 288-1191 Investor Relations
Charlie Forshee, 215-885-4981
investorrelations@rxelite.com
About RxElite Holdings, Inc.: RxElite Holdings, Inc. develops, manufactures, and markets generic prescription drug products in specialty generic markets. These markets include products in the areas of anesthesia, sterile liquid dose drugs (including respiratory inhalation drugs, ophthalmics, and injectable drugs), and transdermal patch products.
Safe Harbor Statement This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 involving known and unknown risks, delays, and uncertainties that may cause the our actual results or performance to differ materially from those expressed or implied by these forward-looking statements. These risks, delays, and uncertainties include, but are not limited to: risks associated with the uncertainty of future financial results, our reliance on our sole supplier, the limited diversification of our product offerings, additional financing requirements, development of new products, government approval processes, the impact of competitive products or pricing, technological changes, the effect of economic conditions and other uncertainties detailed in the Company’s filings with the Securities and Exchange Commission. The Company undertakes no obligation to update any forward-looking statements.
Disclosure: Pentony Enterprises LLC was compensated $18,000.00. Pentony Enterprises LLC is not a registered investment adviser or broker/dealer. Pentony Enterprises LLC makes no recommendation that the purchase of securities of companies profiled in this web site is suitable or advisable for any person or that an investment in such securities will be profitable. In general, given the nature of the companies profiled and the lack of an active trading market for their securities, investing in such securities is highly speculative and carries a high degree of risk.
Disclosure: StockGuru.com is owned and operated by Pentony Enterprises LLC,9555 Lebanon Road, Suite 103, Frisco, Texas 75035. Telephone: (469) 252-3030. Web: StockGuru.com. Email: Publisher@stockguru.com.
