Stocks to Watch for Wednesday, October 1, 2008: PRRY - Planet Resource Recovery Continues to Make Positive Progress on All Facet
October 01 2008 - 9:00AM
Marketwired
Market Pulse is pleased to introduce our featured stock, Planet
Resource Recovery Inc. (PINKSHEETS: PRRY), 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 an update on activities and progress. Despite a
slowdown in production due to Hurricane Ike and the volatility of
the market place, Planet Resource continues to make positive
progress on all facets of its business plan! 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:
Apple Inc. (NASDAQ: AAPL): Market Outperform
Conexant Systems Inc. (NASDAQ: CNXT): Attractive
National City Corporation (NYSE: NCC): Market Underperform
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 Tuesday's Bell Market Commentary
On Tuesday, Wall Street rallied on bailout revival hopes with
the Dow jumping 485 points after posting a one-day record loss of
778 points on Monday. There are growing expectations that lawmakers
will salvage a $700 billion rescue plan for the financial sector.
The Conference Board said its Consumer Confidence Index rose to
59.8 from a revised 58.5 in August. The Chicago Purchasing
Managers' index, which measures business conditions across
Illinois, Michigan and Indiana, came in at 56.7 compared with 57.9
in August. Light, sweet crude rose $4.27 to settle at $100.64 a
barrel. The yield on the benchmark 10-year Treasury note rose to
3.83 percent from 3.58 percent. The dollar rose against other major
currencies. Gold prices also rose. The Dow rose 485.21, or 4.68
percent, to 10,850.66. The Nasdaq composite index rose 98.60, or
4.97 percent, to 2,082.33. The Standard & Poor's 500 index
recovered 58.35, or 5.27 percent, to 1,164.74. The Russell 2000
index rose 21.86, or 3.32 percent, to 679.58.
About Market-Pulse.com
Market Pulse LLC, the owner and operator of Market-Pulse.com
(collectively referred to as "MP"), is a leading investor relations
firm whose primary focus is promoting awareness among brokers,
investors, and others in the investment community who are
interested in small and micro-cap companies. MP is dedicated to
helping publicly traded companies gain the exposure they need to
move forward with the development of their business plans. MP's
goal is to feature equity investments in micro or small
capitalization companies that have the potential for long-term
appreciation. MP provides investors with a complete suite of online
interactive financial data and tools that includes quotes, charts,
company profiles, news, market commentary and SEC filings, just to
name a few. MP offers a free financial newsletter. To subscribe or
get more information, visit our home page located at
www.market-pulse.com.
Information contained herein is the opinion of MP and is
intended to be used strictly for informational purposes. You should
be aware that MP attempts to assure itself of the accuracy of the
information contained in the analyses it publishes. In this regard,
MP does, at times, rely on the accuracy of information supplied to
it by the companies which are the subject of MP's analyses and/or
parties related to those companies. MP also relies on the accuracy
and integrity of information that is contained in company press
releases and reports filed with the SEC. The companies mentioned in
this publication have not approved the content or timing of the
information being published unless otherwise noted.
MP, because it relies on information supplied by various third
parties disclaims any responsibility for the accuracy of such
information. Any investor considering making an investment in any
security which has been the subject of a MP analysis or opinion
should, before making any such investment, consult with his/her
market professional and/or do his/her own independent research
regarding the company which is the subject of an MP opinion,
recommendation or analysis. Information regarding companies which
MP has opined upon is normally available from many sources
including the subject company's filings with the SEC and various
press releases issued by the company.
You should be aware that MP is often compensated for issuing
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: four
hundred thousand free trading shares of stock in Planet Resource
Recovery, Inc., already received from a third party shareholder. In
addition, MP has pending four hundred thousand free trading shares
of stock in Planet Resource Recovery, Inc. from a third party
shareholder. To date, MP has sold four hundred thousand shares of
stock in Planet Resource Recovery, Inc. for proceeds totaling
eighty five thousand six hundred twenty three 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 for a profiled company, MP may sell part or all of any
such shares during the period in which MP is performing such
services.
Contact: Market Pulse 800.290.8935 Email Contact
Planet Resource Recovery (PK) (USOTC:PRRY)
Historical Stock Chart
From Jun 2024 to Jul 2024
Planet Resource Recovery (PK) (USOTC:PRRY)
Historical Stock Chart
From Jul 2023 to Jul 2024