Dallas, TX 1/3/2009 12:47:52 AM
News / Finance

OTCPicks.com Daily Market Movers Digest Midday Report for Friday, January 2nd NEON, AANB

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 today include Neonode Inc. (Nasdaq: NEON) and Abigail Adams National Bancorp Inc. (Nasdaq: AANB).

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/microcap.htm

NEONODE INCORPORATED (OTC: NEON)

"Up 40.00% in morning trading"

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

Neonode Inc is a world leading company specialized in optical finger-based touch screen technology. The company develops and licenses its patented touch screen technologies, zForce™ and neno™ to third parties. Neonode’s mission is to enhance user experience related to any consumer or industrial device that can benefit from a finger based touch screen solution. Neonode Inc. is a publicly traded company with offices in Stockholm, Sweden and San Ramon, California, USA.

ABIGAIL ADAMS NATIONAL BANCORP (NASDAQ: AANB)

"Up 36.66% in morning trading"

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

Abigail Adams National Bancorp, Inc. operates as the holding company for The Adams National Bank and Consolidated Bank & Trust Company, which offer a range of commercial and retail banking products and services in Washington, D.C.; Maryland; and Richmond and Hampton, Virginia market areas. It offers savings, negotiable order of withdrawal, transaction, money market, and individual retirement accounts, as well as certificates of deposits. The company�s loan portfolio comprises commercial business, commercial real estate, renovation and mortgage, and small business administration loans. It also provides loan participations, consumer loans, revolving lines of credit, and letters of credit services. In addition, the company provides cash management, automated teller machine access, online banking, and telephone banking services, as well as collateralized repurchase agreements. Its customers include individuals, small to medium-sized businesses, professional corporations, nonprofit organizations, and other organizations. As of March 31, 2008, the company operated six branches in the greater metropolitan Washington, D.C.; and Consolidated Bank & Trust operated two branches in Richmond and one branch in Hampton, Virginia. The company was founded in 1977 and is based in Washington, District of Columbia.

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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 has not been compensated by any of the companies covered in this release.

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.