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Our Stocks to Watch today include General Automotive Co. (OTCBB: GNAU), Zealous Trading Group Inc. (OTCBB: ZLST), Comstock Homebuilding Companies Inc. (Nasdaq: CHCI) and Pinnacle Energy Corp. (OTCBB: PENC).
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GENERAL AUTOMOTIVE COMPANY (OTCBB: GNAU)
"Up 27.50% in morning trading"
Company Profile: http://www.otcpicks.com/general-automotive/general-automotive-2.htm
General Automotive Company ("GAC") is a provider of original equipment and aftermarket automotive parts, mobile electronics, and related automotive products at multiple levels of distribution throughout the United States and internationally. Through its two wholly owned subsidiaries, Global Parts Direct and OE Source, the company focuses its efforts on utilizing its relationships with manufacturers in China, Korea and Japan to bring state-of-the-art automotive parts, accessories and products to automobile manufacturers and major parts distributors in the U.S. For more information on GAC and its products, visit www.generalautomotive.com.
ZEALOUS TRADING GROUP (OTCBB: ZLST)
"Up 50.00% in morning trading"
Zealous Trading Group, Inc. develops an integrated electronic platform for the trading of alternative assets to private clients, broker dealers, hedge funds, family offices, mutual funds, corporations, and other financial intermediaries. The company offers Zealous alternative trading platform, an electronic marketplace used to support and execute trades for buyers and sellers of restricted and illiquid securities. It also provides securities, brokerage and trading, and merchant and investment banking related services. The company is based in Los Angeles, California.
COMSTOCK HOMEBUILDING COMPANIES (NASDAQ: CHCI)
"Up 97.42% in morning trading"
Comstock Homebuilding Companies, Inc. operates as a real estate developer in the United States. The company primarily develops and builds single-family homes, townhouses, mid-rise condominiums, high-rise multi-family buildings, and mixed-use developments in suburban communities and high density urban infill areas. It serves first-time, early move-up, secondary move-up, and empty nester move-down buyers primarily located in Washington, D.C.; Raleigh, North Carolina; Atlanta; and Georgia markets. The company also engages in the development, redevelopment, and construction of residential mid-rise and high-rise condominium complexes. As of December 31, 2007, Comstock Homebuilding built and delivered approximately 5,000 homes. The company was founded in 1985. It was formerly known as Comstock Companies, Inc. and changed its name to Comstock Homebuilding Companies, Inc. in 2004. The company is headquartered in Reston, Virginia.
PINNACLE ENERGY CORPORATION (OTCBB: PENC)
"Up 8.26% in morning trading"
Formerly named Gas Salvage Corp., Pinnacle Energy has recently completed a name change and a three-for-one forward stock split. The company now trades under the OTC symbol "PENC." All of the above-listed changes were made effective with FINRA on August 14, 2008. More information about these changes may be found in a FORM 8-K filed with the Securities and Exchange Commission on August 8, 2008. Pinnacle Energy Corp. is an independent oil and gas producer focused on acquiring and developing mature oil & gas producing assets. Pinnacle Energy Corp. is headquartered at 333 River Front Ave., Suite 153, Calgary, Alberta, T2G 5R1, Canada and can be contacted at (866) 822-0325.
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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 is receiving twelve thousand shares from a third party (Windermere Capital Partners) for GNAU advertising and promotion services.
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.
