Austin, TX. 2/5/2008 2:39:35 AM
News / Business

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

SmallCapVoice.com, Inc., a recognized corporate consulting firm known for its ability to help emerging growth companies build a following among retail and institutional investors, provides the following market commentary and small cap stock highlights:

 

Stocks Trend Lower as Worries About the Economy Linger

Worries about the health of the economy are creeping back into sentiment, pressuring financials and retailers in midmorning action. Earnings are on the light side to start the week, with Archer Daniels Midland coming up shy of the Street's estimate, Humana topping, and Clorox offering soft guidance. Meanwhile, Yahoo may be considering an alliance with Google as a way to thwart Microsoft's bid. In economic news, the Commerce Department report showed that orders at U.S. factories rose by 2.3 percent in December -- the biggest increase since July. Analysts had been expecting a 2 percent increase after a 1.7 percent gain in November.

In midmorning trading Monday, the Dow fell 56.25, or 0.44 percent, to 12,686.94. Broader stock indicators also lost ground. The S&P 500 index fell 8.34, or 0.60 percent, to 1,387.08, and the Nasdaq fell 13.36, or 0.55 percent, to 2,400.00.

Bond prices fell. The yield on the benchmark 10-year Treasury note, which moves opposite its price, rose to 3.63 percent from 3.60 percent late Friday.

The dollar was mixed against other major currencies, while gold prices fell.

Light, sweet crude oil fell 17 cents to $88.79 per barrel on the New York Mercantile Exchange.

Friday’s Top Performing SmallCapVoice.com stocks:

Silver Dragon Resources Inc.  (OTC BB: SDRG) was SmallCapVoice.com’s top performer for 1/29/08 closing up over 9% on trading volume of 103,737 shares.

 

SDRG announced the retention of Micromine Pty Ltd (``Micromine'') to prepare a Canadian National Instrument (``NI'') 43-101 and Australian Joint Ore Reserves Committee (``JORC'') compliant technical report (the ``Report'') and review of the Company's Laopandao Beihou Silver Project (``Laopandao''). In addition, Micromine will provide the Company with an adherence work program to implement NI 43-101 compliant processes and procedures with respect to drilling, sampling, and analysis of the Laopandao and Dadi Silver Projects (``Dadi''). Laopandao and Dadi are two of the nine properties in northern China to which the Company has exclusive exploration and mining rights. This will be the second NI 43-101 and JORC compliant report prepared by Micromine for Silver Dragon, the first of which was completed in April 2007 with respect to the Company's Erbahuo Silver Project in Wengniute County, Inner Mongolia.

 

Today’s Hot Stocks to Watch:

Sino Agro Foods, Inc. (Pink Sheets: SIAF) is SmallCapVoice.com’s hot stock to watch.

Chinese agriculture company Sino Agro Foods, Inc. (OTCPK:SIAF) announces a research report has been issued by Microcap Alliance, Inc. President, Dave Reiner, MBA.

 

In the report, Microcap Alliance, Inc. President Dave Reiner writes, “Sino Agro Foods, Inc. represents a great opportunity to take part in the amazing economic growth that is being generated in China. We expect another strong economic year in 2008 for China and the country has plenty of capital to use for expansion and investment and has the largest currency reserves of any nation due to its excellent balance of trade over the last several years. 40% of China’s output goes to exports, so they aren’t crippled by massive foreign debt and the country has a high savings rate of over 35%.”

 

“It is evident by looking at the stock charts of the Company’s peer group that the China agricultural sector is booming. Sino Agro Foods, Inc. is what we would consider one of the very few undiscovered China stock plays left. While there is still more room for upside potential in many of the well-known listed China companies, the relatively undiscovered ones will be the most exciting in 2008. We expect we’ll be seeing many developments from Sino Agro Foods, Inc. this year and we look forward to tracking its achievements.”

 

To get small cap and OTC stock quotes, company news, and much more please visit www.smallcapvoice.com. Don’t forget to sign up for our complimentary newsletter. Our newsletter comes out once a day in the morning and features great small cap stock news, audio interviews, investor fact sheets on quality small cap stocks and more. We will never share your email address and we use Constant Contact, the industry standard for ethical email distribution. This provider makes it just as easy to opt-out as it is to opt in guaranteed!

 

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.

Contact:

Stuart T. Smith

CEO

512-267-2430

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