Dallas, TX 12/11/2008 9:41:00 AM
News / Finance

OTCPicks.com Stocks to Watch for Thursday, December 11th CTIC, NHWK, MKTY, OEGY

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/microcap.htm today to join this growing community.

Our Stocks to Watch tomorrow include Cell Therapeutics Inc. (Nasdaq: CTIC), NightHawk Radiology Holdings Inc. (Nasdaq: NHWK), Mechanical Technology Inc. (Nasdaq: MKTY) and Open Energy Corp. (OTCBB: OEGY).

Visit http://www.otcpicks.com/microcap.htm to register for our Daily Market Mover's Digest Newsletter, and Email Stock Watch Alerts.

CELL THERAPEUTICS INCORPORATED (NASDAQ: CTIC)

"Up 40.00% on Wednesday"

Headquartered in Seattle, CTI is a biopharmaceutical company committed to developing an integrated portfolio of oncology products aimed at making cancer more treatable. For additional information, visit www.celltherapeutics.com.

NIGHTHAWK RADIOLOGY HOLDINGS (NASDAQ: NHWK)

"Up 31.09% on Wednesday"

NightHawk Radiology (Nasdaq: NHWK), headquartered in Coeur d'Alene, Idaho, is leading the transformation of the practice of radiology by providing high-quality, cost-effective solutions to radiology groups and hospitals throughout the United States. NightHawk provides the most complete suite of solutions, including professional services, business services, and its advanced, proprietary clinical workflow technology, all designed to increase efficiencies and improve the quality of patient care and the lives of physicians who provide it. NightHawk's team of U.S. board-certified, state-licensed, and hospital-privileged physicians located in the United States, Australia, and Switzerland, provides services 24 hours a day, seven days a week, for more than 750 radiology group customers and the 26% of all U.S. hospitals they serve.

MECHANICAL TECHNOLOGY INCORPORATED (NASDAQ: MKTY)

"Up 38.10% on Wednesday"

Mechanical Technology, Incorporated, through its subsidiaries, engages in developing and commercializing off-the-grid rechargeable power sources for portable electronics. The company offers fuel cell power solution that consists of Mobion Chip, the direct methanol fuel cell power engine, and methanol replacement cartridges for various applications, such as mobile phones and mobile phone accessories, digital cameras, portable media players, PDAs, and GPS devices. It also provides precision non-contact physical measurement solutions, condition based monitoring systems, portable balancing equipment, and semiconductor wafer inspection tools for the manufacturing, semiconductor, commercial/military aviation, automotive, and data storage industries. The company's test and measurement instruments and systems consist of electronic, computerized gauging instruments for position, displacement, and vibration applications for the design, manufacturing, and test markets; semiconductor products for wafer characterization; and engine balancing and vibration analysis systems for military and commercial aircrafts. It sells its products directly, as well as through sales representatives and distributors to original equipment manufacturers primarily in the United States, Europe, Japan, Singapore, and internationally. The company has strategic alliance with Samsung Electronics Co., Ltd.; Duracell; and Trident Systems, Inc. Mechanical Technology, Incorporated was founded in 1961 and is headquartered in Albany, New York.

OPEN ENERGY CORPORATION (OTCBB: OEGY)

"Up 13.45% on Wednesday "

Open Energy Corporation is a next-generation solar energy company that develops clean energy solutions, innovative solar products and energy management applications. Open Energy's award-winning products include proprietary, cost-competitive and attractive BIPV solar tiles, membranes and asphalt/composition products. In addition, the EcoTouch Energy Management System gives consumers control over their energy usage while saving money. Open Energy's portfolio of products and services are coupled with innovative financing to enable green Solar Communities to provide low-cost power with little to no upfront cost to the consumer. Open Energy is headquartered in Solana Beach, California.

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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.

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