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

The market's major indexes have traded erratically lately as investors try to determine whether a global economic recovery is sustainable. Traders are still grappling with concerns that some European countries, such as Greece, Portugal and Spain, might not be able to handle their mounting debt. Stocks have also been hurt by China's plans to limit economic growth and the Obama administration's proposed rules to restrict trading by large financial institutions.

All of those concerns have investors on edge about whether the global economy can recover strongly in the coming months. Stocks had rallied for 10 months on hopes of a rebound after hitting 12-year lows last March.

Investors are looking for fresh evidence of economic growth. The recent troubles demonstrate a recovery might not be happening as fast as some had hoped.

In midmorning trading, the Dow Jones industrial average fell 43.68, or 0.4 percent, to 9,968.55. The Standard & Poor's 500 index dropped 3.46, or 0.3 percent, to 1,062.73, while the Nasdaq composite index fell 5.18, or 0.2 percent, to 2,135.94.

Bond prices fell Monday. The yield on the benchmark 10-year Treasury note, which moves opposite its price, rose to 3.58 percent from 3.57 percent late Friday. The dollar was mixed against other major currencies, while gold rose. Crude oil fell 1 cent to $71.18 per barrel on the New York Mercantile Exchange.

Yesterday’s Top Performing Small Cap stock:

General Automotive Company (OTC BB: GNAU) was a SmallCapVoice.com top performer yesterday closing up over 66% on trading volume of 1,699,928 shares.

General Automotive Company, a North American provider of aftermarket parts and advanced technology for the automotive industry, announced last Friday that it has an agreement to acquire privately held S.P.E.C., Inc. The transaction is expected to further position the Company as an organization that capitalizes on both organic growth as well as growth through strategic acquisition.

S.P.E.C., Inc., based in Birmingham, AL, is a leading provider of high performance clutches and flywheels to the high performance automotive market. S.P.E.C., which reported unaudited revenue of approximately $5.6 million in 2009, will operate as a wholly owned subsidiary of General Automotive. Additionally, key S.P.E.C. executives will be retained to ensure smooth integration and operational continuity.

Dan Valladao, president and CEO of General Automotive said, "The proposed acquisition is a critical milestone in the Company's strategy to acquire established businesses with strong growth and profit potential in the $265 billion automotive aftermarket parts industry."

Separately, General Automotive today announced the opening of a Los Angeles office of OE Source. OE Source, a wholly owned subsidiary of General Automotive, opened the new LA office to support the expansion of its new export division. The new office will be led by Brandon Cser, the company's newest National Sales Executive.

Today’s SmallCapVoice.com Hot Stock to Watch:

VitaminSpice (OTC BB: VTMS)

VitaminSpice is uniquely positioned between the $100 billion health food/vitamin supplement industry and the multi-trillion-dollar traditional food industry. A pioneer in the emerging foodceutical industry, VitaminSpice sells vitamin-, mineral- and antioxidant-infused spices and food products. Their offerings include Crushed Red Pepper, Ground Black Pepper, Sea Salt, Italian Seasoning, Ground Cinnamon and Granulated Garlic. A proprietary micro-encapsulation process keeps vitamin properties locked inside, even when heated, allowing the food products to retain their full flavor.

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.

Contact:

Stuart T. Smith

CEO

512-267-2430

ssmith@smallcapvoice.com
http://www.smallcapvoice.com