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OTC Stocks Newsletter (http://www.otcpicks.com/hotpicks.htm ) and Free Red Hot Stock Picks presents the following penny stocks to watch tomorrow: Genoil Inc. (OTCBB: GNOLF), Angel Acquisition Corp. (OTCBB: AGEL), Jesup & Lamont Inc. (NYSE Amex: JLI) and Pacific Ethanol Inc. (Nasdaq: PEIX).GENOIL INCORPORATED (OTCBB: GNOLF) "Up 34.29% on Wednesday"
Genoil is an international engineering technology development company based in Alberta, Canada, that develops innovative hydrocarbon, oil and water separation, and marine technologies for the oil and gas and commercial marine industries.
ANGEL ACQUISITION CORPORATION (OTCBB: AGEL) "Up 100.00% on Wednesday"
Angel Acquisitions Corp is a diversified asset management company that acquires and/or develops profitable companies. Angel Acquisition Corp either obtains a majority of stock in each company they gain control of or, the company internally develops profitable enterprises. Through the acquisition and development of profitable companies and the expansion of internal divisions, Angel Acquisitions Corp has the ability to experience growth through diverse holdings. Companies turning large profits are analyzed and considered for acquisition.
JESUP & LAMONT INCORPORATED (AMEX: JLI) "Up 50.00% on Wednesday"
Jesup & Lamont, Inc., through its subsidiaries, provides securities brokerage, investment banking, market making research, investment advisory, asset management services, and order execution services to retail and institutional customers primarily in the United States, Europe, and Asia. It offers brokerage services, including ancillary services, such as market data and financial information, portfolio tracking and records management, account security, and cash management services directly to retail customers, including individuals, and small to mid-sized institutions, such as banks, credit unions, hedge funds, money managers, mutual funds, and pension funds. The company also provides municipal bond and corporate/high yield bond trading, and certificate of deposit underwriting services; and market making and order execution services, which include filling orders received from independent broker dealers to buy or sell domestic or foreign securities for affiliated and unaffiliated broker dealers and institutions. In addition, it offers investment advisory services, including investment portfolio planning, recommendations and separate account manager and mutual fund research and due diligence, portfolio performance review and reallocation, and wrap accounts for registered investment advisors. The company was formerly known as Empire Financial Holding Company and changed its name to Jesup & Lamont, Inc. in January 2008. Jesup & Lamont was founded in 2000 and is headquartered in New York, New York.
PACIFIC ETHANOL INCORPORATED (NASDAQ: PEIX) "Up 39.04% on Wednesday"
Pacific Ethanol is the largest West Coast-based marketer and producer of ethanol. Pacific Ethanol has ethanol plants in Madera, California; Boardman, Oregon; and Burley, Idaho and has an additional plant under construction in Stockton, California. Pacific Ethanol also owns a 42% interest in Front Range Energy, LLC which owns an ethanol plant in Windsor, Colorado. Central to Pacific Ethanol's growth strategy is its destination business model, whereby each respective ethanol plant achieves lower process and transportation costs by servicing local markets for both fuel and feed. Pacific Ethanol's goal is to achieve 220 million gallons per year of ethanol production capacity in 2008 and to increase total production capacity to 420 million gallons per year in 2010. In addition, Pacific Ethanol is working to identify and develop other renewable fuel technologies, such as cellulose-based ethanol production and bio-diesel.
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