Market Pulse Announces Its Hot Stock Alerts for Thursday, June 26, 2008: PRRY, FLS, GSPG, APOL
June 26 2008 - 9:15AM
Marketwired
ATLANTA, GA , to the investment community! Planet Resource
Recovery, Inc. is new to Market Pulse and is poised to become a
significant player in the petrochemical/oil services industry!
Planet Resource Recovery just had excellent news out in a press
release before today's opening bell announcing their single well
treatment with PetroLuxus? MMMF maintains increased oil production
output! This 90-day update marks the continued longevity and
effectiveness of PetroLuxus? MMMF! This could be great news for
investors! Other notable stocks that should be closely watched due
to existing fundamental and technical factors affecting each
company include:
Flowserve Corp. (NYSE: FLS): Market Outperform
GoldSpring Inc. (OTCBB: GSPG): Attractive
Apollo Group Inc. (NASDAQ: APOL): Bearish
Stock Pick Meanings
These stock picks are the investment opinions of MP's editor and
reflect MP's belief regarding the potential price movement over the
next one to four weeks of trading of each of the stocks presented.
This analysis is done from a technical and fundamental
perspective.
After Wednesday?s Bell Market Commentary
On Wednesday, the markets closed slightly higher after the
Federal Reserve held interest rates steady. The Fed held interest
rates steady ending nearly a year of cuts to bolster the economy.
Orders to factories for big-ticket manufactured goods were
basically flat in May after declines of 1 percent in April and 0.2
percent in March. The Commerce Department reported Wednesday that
new homes were sold at a seasonally adjusted annual rate of 512,000
units in May, down 2.5 percent from the April level. Crude oil fell
$2.45 to $134.55 a barrel. The dollar was weak against most other
major currencies. Gold prices fell. The yield on the 10-year
Treasury note, which moves opposite its price, traded at 4.10
percent. The Dow Jones industrial average closed up 4.40, or 0.04
percent, to 11,811.83. The Nasdaq composite index rose 32.98, or
1.39 percent, to 2,401.26. The Standard & Poor's 500 index rose
7.68, or 0.58 percent, to 1,321.97. The Russell 2000 index rose
8.38, or 1.18 percent, to 716.30.
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analyses, recommendations or opinions concerning particular
companies. Its opinion is therefore not unbiased and you should
consider this factor when evaluating MP?s statements regarding a
company. MP has been compensated in free trading shares of common
stock, available for public trading as follows: Planet Resource
Recovery, Inc. compensation from a third party shareholder: three
hundred thousand free trading shares of stock in Planet Resource
Recovery, Inc., already received from a third party shareholder. In
addition, MP has pending one hundred thousand free trading shares
of stock in Planet Resource Recovery, Inc. from a third party
shareholder. To date, MP has sold one hundred thousand shares of
stock in Planet Resource Recovery, Inc. for proceeds totaling
twenty thousand four hundred sixty nine dollars. MP's officers and
directors reserve the right to buy additional shares of the
companies discussed in this opinion and may profit in the event
those shares rise in value. When MP receives shares as compensation
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