Dallas, TX 6/20/2008 11:06:06 PM
News / Finance

OTCPicks.com Daily Market Movers Digest Midday Report for Friday, June 20th QMCI, CYXN, AROX, TRBN

OTCPicks.com’s Daily Small Cap and Microcap Newsletter presents a range of the hottest small cap stocks on trading on the OTC and OTCBB markets.  In addition to our Newsletters, OTCPicks.com is quickly becoming the premier community destination for small cap and microcap traders to meet up and discuss their top stock picks. Visit http://www.otcpicks.com/ today to join this growing community.

 

Our Stocks to Watch today include QuoteMedia Inc. (OTCBB: QMCI), China Yongxin Pharmaceuticals Inc. (OTCBB: CYXN), Alderox Inc. (OTCBB: AROX), Trubion Pharmaceuticals Inc. (NASDAQ: TRBN)

 

For the complete newsletter please visit: http://www.otcpicks.com/daily-market-movers/index.php

 

For more in-depth coverage of small cap stocks visit http://www.otcpicks.com/

 

QUOTEMEDIA INC. (OTCBB: QMCI)

 

Detailed Quote: http://www.otcpicks.com/quotes/QMCI.php

 

Company Profile: http://www.otcpicks.com/quotemedia/quotemedia.htm

 

QuoteMedia, Inc. is a leading software developer and provider of real-time streaming financial market information, decision-support, news and research solutions to brokerage, financial services companies, business and media corporations. Among its many leading-edge products lines, the Company offers data feeds, news, dynamic market content solutions, interactive stock research tools, financial applications and real-time wireless applications. QuoteMedia provides data and services for companies such as the NASDAQ, the OTCBB, Dow Jones & Company, Forbes.com, Scotia Capital, Business Wire, Southwest Securities, Regal Securities, FBR Direct, Broadridge Financial Solutions, Inc., AIM Trimark, Zacks Investment Research, ChoiceTrade, QTrade, Schaeffer's Investment Research, Automated Financial Systems, WallStreet*E, and others. For more information, visit www.quotemedia.com.

 

CHINA YONGXIN PHARMACEUTICALS (OTCBB: CYXN)

"Up 17.19% in morning trading"

 

Detailed Quote: http://www.otcpicks.com/quotes/CYXN.php

 

China Yongxin Pharmaceuticals, Inc. engages in the wholesale distribution of pharmaceutical products, medical products and equipment, herbal and nutritional supplements, and cosmetics to hospitals, clinics, and retail pharmacies primarily in the People's Republic of China. It also operates drugstores that offer 8,000 different types of products, including its proprietary brand of ginseng-based products, as well as an assortment of other merchandise comprising traditional Chinese medicines, health and natural products, skin care products, and cosmetics. In addition, the company involves in the cultivation, processing, manufacture, and distribution of ginseng electuary, pellets, and liquid extracts that are distributed by wholesalers and in retail drugstores. It markets and distributes its ginseng and ginseng by-products under the proprietary Gaoliyuan i(degree)Zinuo, Longlife, and Yongxintang brand names to various pharmaceutical, health supplement, and cosmetic manufacturers and distributors in mainland China, the Southeast Asia, Europe, and the United States. The company was founded in 1993. It was formerly known as Nutradyne Group, Inc. and changed its name to China Yongxin Pharmaceuticals, Inc. in May 2008. The company is headquartered in City of Industry, California.

 

ALDEROX INCORPORATED (OTCBB: AROX)

"Up 9.68% in morning trading"

 

Detailed Quote: http://www.otcpicks.com/quotes/AROX.php

 

Alderox, Inc. engages in production and sale of release agents principally for the paving, mining, and asphalt industries. The company offers Alderox line of products, including ASA 12, an ore and asphalt release agent; DCR, a drag chain and conveyer belt lubricant; PaverBlend, a asphalt related product used to keep paving equipment free from debris; KR-7, a concrete release agent; and ASA Cleaners. Its release agents are applied to containers, mixers, truck beds, truck undercarrages, skips, loaders, chutes, buckets, conveyers, and forms and act as a barrier to mitigate adhesion of ore, asphalt, concrete, or other material to the relevant surfaces. The company sells its products in the United States, Canada, Mexico, and Puerto Rico. Alderox was formerly known as Reclamation Consulting and Applications, Inc. The company was founded in 1976 and is based in San Clemente, California.

 

TRUBION PHARMACEUTICALS INCORPORATED (NASDAQ: TRBN)

"Up 4.17% in morning trading"

 

Detailed Quote: http://www.otcpicks.com/quotes/TRBN.php

 

Trubion Pharmaceuticals, Inc., a biopharmaceutical company, engages in developing protein therapeutic product candidates for the treatment of autoimmune and inflammatory diseases, and cancer. Its lead product candidate TRU-015, which has completed a Phase IIb clinical trial is designed for the treatment of rheumatoid arthritis, non-Hodgkin's lymphoma (NHL), and systemic lupus erythematosus. The company also offers TRU-016, a novel CD37-targeted therapy for the treatment of B-cell malignancies, such as chronic lymphocytic leukemia, and NHL. It has collaboration agreement with Wyeth for the development and commercialization of TRU-015 and other therapeutics directed to CD20, an antigen validated clinical target present on B cells; and SMIP product candidates directed to a small number of targets other than CD20. The company was founded in 1999 and is headquartered in Seattle, Washington.

 

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OTCPicks.com is fast becoming the premier Internet destination for investors seeking information on smallcap and microcap companies. The web site features companies in Profile Campaigns, Executive Interviews and Research Reports authored by our financial writers. We publish our Daily Market Movers Digest Newsletter to opt-in investor members. OTCPicks.com presents the latest information for the discerning small cap and microcap investor.  The site features informative articles on microcap investing, the top penny stock picks, and a wealth of small cap research on vertical markets. To feature a company on OTCPicks.com, please contact our publisher, Brian Dean at 972-546-3740, or via email at publisher@otcpicks.com.

 

Forward-Looking Statement: This press release includes "forward-looking statements" within the meaning of the federal securities laws, commonly identified by such terms as "believes," "looking ahead," "anticipates," "estimates" and other terms with similar meaning. Although the Company believes that the assumptions upon which its forward-looking statements are based are reasonable, it can give no assurance that these assumptions will prove to be correct. Important factors that could cause actual results to differ materially from the Company's projections and expectations are disclosed in the Company's filings with the Securities and Exchange Commission. All forward-looking statements in this press release are expressly qualified by such cautionary statements and by reference to the underlying assumptions.

 

Disclosure: OTCPicks.com receives Internet data services from QuoteMedia (QMCI) in return for coverage on our site.

 

OTCPicks.com is not a registered investment advisers or broker/dealer. OTCPicks.com makes no recommendation that the purchase of securities of companies profiled in this website is suitable or advisable for any person or that an investment such securities will be profitable. In general, given the nature of the companies profiled and the lack of an active trading market their securities, investing in such securities is highly speculative and carries a high degree of risk.