Stock Market Alert's performance stock list includes: Dragon
Capital Group Corp (PINKSHEETS: DRGV), Capstone Turbine Corporation
(NASDAQ: CPST), Amazon.com, Inc. (NASDAQ: AMZN) and Costco
Wholesale Corporation (NASDAQ: COST).
Breaking News: Market Advisors, Inc. issues "Initiating
Coverage" Report on Dragon Capital Group (PINKSHEETS: DRGV) with a
speculative buy and a price objective of $0.047 per Share. The
company, a leading holding company of emerging high-tech companies
in China, issued a press release early this morning announcing that
a new research report has been issued regarding Dragon Capital
Group Corporation by Market Advisors, Inc. "Fundamental Analysis
for Today's Investments" with a "Speculative Buy" and a $0.047
intermediate price objective.
To view the report, please visit www.dragoncapital.us a leading
holding company of emerging high-tech companies in China.
Last week, the company reported announced its financial results
for the second quarter ended June 30, 2009. Financial highlights
included:
Revenue for the second quarter ended June 30, 2009 was $15.0
million, a 27% increase over the $11.8 million recorded in the
second quarter of 2008. Cost of goods sold for the second quarter
of 2009 were $14.1 million compared to $11.2 million in the second
quarter of 2008. Net income from continuing operations for the
second quarter of 2009 was $124,500, increasing from the $31,000
recorded in the first quarter of 2009. Net income in the second
quarter of 2008 was approximately $215,000. This decrease in net
income was largely attributable to an increase in selling expenses
as a result of the challenging economic environment.
Revenue for the first six months of 2009 reached $26.9 million,
increasing by 20% from the $22.3 million recorded in the first six
months of 2008. For the first six months of 2009, net income from
continuing operations was $155,400 down from $450,800 in the first
six months of 2008 and mainly attributed to higher selling expenses
in 2009.
At June 30, 2009, total assets were $14.6 million compared to
$15.9 million at December 31, 2008. At June 30, 2009, shareholder
equity was $7.1 million and total current assets were $14.3 million
with working capital of approximately $7.8 million.
The stock closed yesterday at under a Penny a share.
For an in-depth profile of Dragon Capital Group, visit
http://www.wallstreetenews.com/view-company-profiles.php?profile=DRGV_072109.
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Capstone Turbine Corporation (NASDAQ: CPST) up 15.4% on 12.5
million shares traded. Capstone Turbine Corporation is the world's
leading producer of low- emission microturbine systems, and was the
first to market commercially viable microturbine energy products.
Capstone Turbine has shipped over 4,000 Capstone MicroTurbine®
systems to customers worldwide.
Amazon.com, Inc. (NASDAQ: AMZN) down 0.3% on 4.7 million shares
traded. Amazon.com, Inc., a Fortune 500 company based in Seattle,
opened on the World Wide Web in July 1995 and today offers Earth's
Biggest Selection. Amazon.com, Inc. seeks to be Earth's most
customer-centric company, where customers can find and discover
anything they might want to buy online, and endeavors to offer its
customers the lowest possible prices. Amazon.com and other sellers
offer millions of unique new, refurbished and used items in
categories such as Books; Movies, Music & Games; Digital
Downloads; Electronics & Computers; Home & Garden; Toys,
Kids & Baby; Grocery; Apparel; Shoes & Jewelry; Health
& Beauty; Sports & Outdoors; and Tools, Auto &
Industrial.
Costco Wholesale Corporation (NASDAQ: COST) up 3.1% on 6.2
million shares traded. Costco currently operates 557 warehouses,
including 406 in the United States and Puerto Rico, 77 in Canada,
21 in the United Kingdom, seven in Korea, six in Taiwan, nine in
Japan and 31 in Mexico.
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of Stock Market Alerts LLC, an electronic broadcaster and publisher
of this release, and hereafter referred to as "the company." The
company also maintains a contractual, working relationship with
Wall Street Capital Funding LLC. and its Wall Street News Alert
brand. For current services performed for Dragon Capital Group Corp
(PINKSHEETS: DRGV), China Direct Industries, Inc. ("China Direct
Industries"), Sunwin International Neutraceuticals, Inc., China
America Holdings and China Armco Metals, Inc., the company has been
compensated a total of Fifty Thousand Dollars by China Direct
Investments Inc., a Florida corporation, and a wholly owned
subsidiary of China Direct. The company does not hold any shares of
the stock. Because the company received compensation for its
services, there is an inherent conflict of interest in the company
statements and opinions and such statements and opinions cannot be
considered independent.
The information contained in this press release is for
informational purposes only, and not to be construed as an offer to
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material facts necessary to make an investment decision are
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Investing in the public company that this release is providing
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