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.Nashville Records Inc. (Pink Sheets: NSHV) announced today negotiations with two big name artists for the USS New York project and another associated project. Nashville is not releasing the names of the artists at this time, but they have commenced recordings for top name artists such as Dolly Parton and John Michael Montgomery. The artists consist of one male and one female, and both have achieved multi-platinum success. Nashville stock price continued its rally today by increasing 20 percent to almost 5 cents.
Gulf Ethanol Corp. (OTCBB: GFET) has initiated negotiations to purchase a plant site in East Texas. The Houston-based company is seeking a site in the Golden Triangle area of Texas to help further the production of ethanol by using non-food fuel sources. The company believes that the Golden Triangle region has available agriculture acreage, adequate water supplies and access to transportation and refining. Gulf Ethanol made gains of 11 cents today, which increased the stock price by 5 percent to a price of $2.33 on a volume on 106,000.
Score One Inc. (OTCBB: SREA) increased its share price by 16 cents today to $0.60 an increase of 36 percent. Today’s gains followed the weekly uptrend in the price of the stock. Yesterday the stock price was able to rise 14 cents, which has helped the stock double in price over the past two days. On Monday Score one announced that its investment strategy is very similar to a Chinese development company that made profits of 100 million in 2006.
