Austin, TX 10/6/2009 10:53:16 PM
News / Business

Daily Small Cap Market News and Stock Highlights from SmallCapVoice.com

Stocks build upon yesterday’s enthusiasm about a recovering economy

Stocks rose in morning trading Tuesday as investors built further momentum amid fresh signs the global economy is recovering.

 

Overseas markets rallied higher as Australia's central bank became the first major central bank to boost interest rates.

 

The rate increase added to beliefs that world governments are expecting a global economic recovery soon. Australia's central bank governor said it was time to begin reducing stimulus provided by low interest rates and that the risk of major economic contraction in the country was over.

 

With little in the way of new economic reports Tuesday, investors are extending Monday's gains. U.S. stock markets rebounded from two consecutive losing weeks after a report showed the service sector grew for the first time in more than a year and amid upbeat comments about the nation's largest banks.

 

In early trading, the Dow Jones industrial average rose 102.25, or 1.1 percent, to 9,702.00. The Standard & Poor's 500 index rose 11.91, or 1.1 percent, to 1,052.37, while the Nasdaq composite index rose 20.79, or 1 percent, to 2,088.94.

 

Yesterday’s Top Performing Small Cap stock:

 

Viper Networks, Inc. (Pink Sheets: VPER) was a SmallCapVoice.com top performer yesterday closing up over  20% on trading volume of 1,108,841 shares.

 

Viper Networks, Inc., a Nevada corporation, was founded in September 2000 by a team of experienced entrepreneurs who have a successful track record in building both private and public companies. The Company is a full service integration and application services provider (“ASP”) of worldwide Voice over Internet Protocol (“VoIP”) telephony services, including the transmission of voice and data traffic for communications carriers and provision of enhanced Web-based and other communications services to businesses, institutions and ISPs. VoIP telephony is the real time transmission of voice communications in the form of digitized “packets” of information over the Internet or a private network, similar to the way in which e-mail and other data is transmitted. Viper specializes in the provision of VoIP telephony services and the cost-effective design, implementation, maintenance and management of network-based voice and data communications. Viper has been pioneering VoIP services and technology for more than nine years.

 

GWS Technologies, Inc. (OTC BB: GWSC) was another SmallCapVoice.com top performer yesterday closing up over 6% on trading volume of 27,711 shares.

 

GWS stands for GreenWindSolar. We are a renewable energy technology company developing and marketing solar and wind-powered renewable energy products and solutions. Our products and solutions are part of the new micro-generation movement that is transforming the way businesses and consumers provide for their energy needs. The company was founded in 2005 and is headquartered in Scottsdale, Arizona.

 

Today’s SmallCapVoice.com Hot Stock to Watch:

 

Cellceutix Corporation (OTCBB: CTIX)

 

A new audio interview with Cellceutix Corporation, an emerging bio-pharmaceutical company in the business of developing small-molecule therapies in areas of unmet medical needs, is now available. The interview can be heard at http://smallcapvoice.com/blog/10-5-09-audio-interview-with-cellceutix-corp-otcbb-ctix.

 

Headquartered in Beverly, Mass., Cellceutix is an emerging bio-pharmaceutical company in the business of developing small-molecule therapies in areas of unmet medical needs. It owns the rights to seven drug compounds, including Kevetrin, which it is developing as a treatment for certain drug resistant cancers, and KM-133, which it is developing for psoriasis.

 

About SmallCapVoice.com

 

SmallCapVoice.com is a recognized corporate investor relations firm, with clients nationwide.  Known for its ability to help emerging growth companies build a following among retail and institutional investors, SmallCapVoice.com utilizes its stock newsletter to feature its daily stock picks, audio interviews, as well as its client's financial news releases. SmallCapVoice.com also offers individual investors with all the tools they need to make informed decisions about the stocks they are interested in. Tools like our stock charts, stock alerts, and our investor fact sheets can assist with investing in stocks that are traded on the OTC BB and Pink Sheets.

Small Cap Voice SCV is an electronic publication, and is for informational purposes only. The stocks profiled by SCV are only company profiles and are not intended to be and should not be accepted by you as recommendations to buy or sell in these securities. These profiles are compiled from publicly available sources. Our sources include, but are not limited to, online research, company profiles, member suggestions, magazines, newspapers, analyst suggestions, broker recommendations, contact with the company, company rumors, press releases and other similar information sources. All profiles are based on information that is accessible by the public. Investing in stocks involves risk. SCV is not and does not hold itself out to be a registered broker or dealer or other licensed securities professional. You should consult a qualified, licensed financial advisor or stock broker before making any decisions to invest in the securities of any company that is described in these profiles.  For compensation and complete disclaimer click here.

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Stuart T. Smith

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