Austin, TX 9/8/2008 10:24:31 PM
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 Surge Following Government Bailout of Mortgage Giants

 

Stocks surged Monday as investors rushed to lay bets on a broad economic recovery following the weekend announcement that the U.S. government will bail out mortgage giants Fannie Mae and Freddie Mac.

 

The announcement Sunday that the Treasury Department was seizing control of the companies, which own or back about half the nation's mortgage debt, brushed aside investors' long-simmering worries that the companies would be felled by a spike in bad mortgage debt.

 

In midmorning trading, the Dow Jones industrial average rose 252.57, or 2.25 percent, to 11,473.53.

Broader stock indicators also surged. The Standard & Poor's 500 index jumped 24.32, or 1.96 percent, to 1,266.63, and the Nasdaq composite index rose 20.10, or 0.89 percent, to 2,275.98.

Bond prices pulled back sharply Monday. The yield on the benchmark 10-year Treasury note, which moves opposite its price, jumped to 3.76 percent from 3.69 percent late Friday.

 

The dollar was higher against other major currencies, while gold prices rose.

 

Monday’s Top Performing SmallCapVoice.com stocks:

GWS Technologies, Inc. (OTC BB: GWSI) was yesterday’s SmallCapVoice.com top performer moving up over 12% on trading volume of 126,650 shares.

 

GWS is a renewable energy technology company developing and marketing solar and wind-powered alternative energy products and solutions.

 

ICP Solar Technologies Inc.  (OTC BB: ICPR) was another SmallCapVoice.com top performer moving up over 5% on trading volume of 21,202 shares.

ICP Solar is a developer, manufacturer and marketer of solar panels and solar cell based products and building materials. Through the application of next-generation technologies and use of proprietary intellectual design the Company aims to be the industry's innovation leader. For the past 19 years, ICP Solar has led the consumer market through innovation and has now begun to apply that same philosophy to the OEM, rooftop and power generation segment of the solar industry. ICP Solar's management has over 50 years of experience in the renewable energy sector. ICP Solar is the North American licensee of the Coleman® brand in the solar charger category.

Today’s SmallCapVoice.com Hot Stock to Watch:

 

Sustainable Power Corp. (OTC BB: SSTP) is today’s hot stock to watch.

Sustainable Power Corp. announced today that in furtherance of its agreements with Pemco Energy AS, a Norwegian company, a team of five principals and scientists from Pemco met with the Company at the Company's facilities in Baytown on August 27 through August 29 and witnessed and assisted with production of biofuel products through the Company's reactors. Samples of the biofuel products produced and test results have been sent to Norway for analysis.

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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