Stocks to Watch for Thursday, July 24, 2008: PRRY - Planet Resource Recovery Launches Commercial Titled "America's Oil Independe
July 24 2008 - 9:00AM
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 they have launched
and posted its branding commercial titled "America's Oil
Independence." The commercial has been uploaded to YouTube prior to
launch in various Texas markets targeting oil producers and the oil
industry as the solution to increased oil production in the US!
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:
Amazon.com Inc. (NASDAQ: AMZN): Market Outperform
Empire Energy Corporation International (OTCBB: EEGC):
Attractive
ANADIGICS Inc. (NASDAQ: ANAD): 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, stocks rose on retreating oil prices along with
upbeat earnings news. Oil prices fell more than $4 after government
data showed a big increase in U.S. inventories. A barrel of light,
sweet crude fell $3.98 to settle at $124.44, down more than $20 a
barrel since hitting a record above $147. The U.S. House of
Representatives approved the housing market rescue legislation. The
Federal Reserve stated in its Beige Book that the pace of economic
activity slowed somewhat through mid-July. Bond prices fell. The
dollar was mixed against other major currencies. Gold prices fell.
The Dow rose 29.88, or 0.26 percent, to close at 11,632.38 after
rising nearly 100 points earlier. The Nasdaq composite index rose
21.92, or 0.95 percent, to close at 2,325.88. The Standard &
Poor's 500 index rose 5.19, or 0.41 percent, to close at 1,282.19.
The Russell 2000 index rose 2.37, or 0.33 percent, to close at
719.19.
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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 two hundred seventy thousand
shares of stock in Planet Resource Recovery, Inc. for proceeds
totaling fifty nine thousand nine hundred twenty six dollars. MP's
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