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 Slide As Fears in the Banking Sector Intensify
Stocks tumbled on Thursday as news of a plea by Bank of America for more government aid compounded investors' fears about mounting financial sector losses.
The Dow Jones industrial average slid 136.83 points, or 1.67 percent, to 8,063.31. The Standard & Poor's 500 Index dropped 18.46 points, or 2.19 percent, to 824.16. The Nasdaq Composite Index fell 25.22 points, or 1.69 percent, to 1,464.42.
Yesterday’s Top Performing SmallCapVoice.com stocks:
Montavo, Inc. (OTC BB: MTVO) was yesterday’s SmallCapVoice.com top performer moving up over 25% on trading volume of 7,100 shares.
Today’s SmallCapVoice.com Hot Stocks to Watch:
Who's Your Daddy, Inc. (OTC BB: WYDI) is today’s hot stock to watch.
Since closing at a mere $0.02 on December 31, 2008, WYDI has seen its share price jump 5-fold on surging trading volume as investors gravitate to the shares following a slew of solid news reports.
Continuing on that trend of good news, Who's Your Daddy, Inc. today announced that 25,920 cases of its cranberry pineapple and green tea 8.4 ounce King of EnergyTM drinks were delivered to Nigeria, Benin and Ghana, West Africa through T-Bone Beverages LLC ("T-Bone").
Joseph Conte, Executive Vice President, stated, "We are finally pleased to announce that our shipments to West Africa through T-Bone Beverages have finally cleared customs after several months were spent obtaining the appropriate regulatory clearances. Our relationship with T-Bone Beverages allows us to address the West African marketplace. Nigeria’s population is ranked in the top 10 out of 193 nations worldwide with over 135 million people and presents the potential for strong sales growth. With T-Bone Beverages simultaneously opening the markets of Benin and Ghana, the opportunity for selling our products expands to over 150 million in West Africa."
A full version of the press release can be viewed at:
http://finance.yahoo.com/news/Whos-Your-Daddy-Inc-Delivers-bw-14068908.html
Mantra Venture Group Ltd. (OTC BB: MTVG) is today’s hot stock to watch.
Mantra Venture Group Ltd. is pleased to announce that it received an 'Outperform' rating in a study recently completed by Murphy Analytics LLC (MA). MA's report, entitled "ERC Technology Converts CO(2) from Pollutant to Asset," encapsulates a study to determine the potential shareholder value derived from the anticipated commercialization of Mantra's electro-reduction (ERC) technology.
The report, written by Chief Analyst Patrick J. Murphy, offers a comprehensive look at the technology's ability to convert CO(2) into several valuable chemicals, including formic acid- a naturally occurring biodegradable chemical with a broad range of commercial and industrial uses. The production of formic acid, as used in leather and textile processing and biomaterial preservation, has become a very lucrative industry, representing a global market of $598 Million USD in 2008. As stated in the report, "Strong demand for formic acid and a lack of scheduled capacity additions can be expected to keep prices rising over the next twelve months."
A full version of the press release can be viewed at:
http://finance.yahoo.com/news/Murphy-Analytics-LLC-Awards-prnews-14069347.html
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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.
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