Austin, TX 8/23/2008 12:34:16 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:

 

Comments From Buffet and Bernanke Ignite Rally

 

A reversal in crude oil and commodity prices, a strengthening dollar, a rally in financials, and early upbeat comments from Warren Buffet on CNBC are working to push stocks higher in midday action. The pullback in crude is reigniting the month-long advance in airlines, while the cautiously upbeat remarks on inflation from Fed Chief Ben Bernanke are also aiding the mood among traders; however, volume is light. In other news, Lehman Brothers may be a takeover target, Gap topped the Street’s profit estimate, and Intuit matched. Treasuries are lower amid the rise in equities. Overseas, Europe is ending much higher.

 

At 11:54 a.m. ET, the Dow Jones Industrial Average is up 1.3%, and the S&P 500 Index is up 0.7%, and the Nasdaq Composite is 0.9% higher.

 

Crude oil is down $3.06 at $118.12 per barrel, wholesale gasoline is $0.10 lower at $2.94 per gallon, and gold is down $8.70 at $824.30 per ounce.

 

Thursday’s Top Performing SmallCapVoice.com stocks:

GWS Technologies, Inc. (OTC BB: GWSI ) was a SmallCapVoice.com top performer for 8/21/08 moving up over 22% on trading volume of 215,870 shares. Trading volume was almost 6X normal.

 

GWS Technologies, Inc. is an alternative energy company developing and marketing microgeneration solar and wind-powered renewable energy products and solutions.

 

Installed wind power grew a staggering 45% in 2007, and the U.S. Department of Energy predicted that the United States should be able to derive a full 20% of its electric demand from wind power alone by 2030. A recent market research report predicts that the market for wind turbines will grow to $16 Billion by the end of 2015.

 

Investors have shown a renewed appetite for alternative energy stocks after the announcement last week by Billionaire investor T. Boone Pickens that he sold his entire stake in Yahoo, Inc. and now plans to make the U.S. "energy independent" by using wind power and natural gas powered vehicles has sparked investor interest in green energy stocks. Pickens is sinking billions of dollars into a new wind farm in Texas. It is likely to become the biggest in the world, producing enough power for the equivalent of 1.3 million homes.

 

Today’s SmallCapVoice.com Hot Stock to Watch:

 

Mantra Venture Group Ltd. (OTC BB: MVTG) is today’s hot stock to watch.

Renewable Energy Stocks Green Investor Audio With Professor Colin Oloman, Inventor of the ERC Carbon Capture Technology, on Behalf of Mantra Venture Group Ltd.

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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