Austin, TX 1/21/2009 1:52:55 AM
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 Are Sharply Lower Amid Banking Concerns

 

Fears of a spreading global banking crisis weighed on Wall Street early Tuesday, sending stocks down sharply even as the market awaited the inauguration of President-elect Barack Obama. The major indexes fell more than 1.5 percent.

 

In midmorning trading, the Dow Jones industrial average fell 143.28, or 1.73 percent, to 8,137.94. Broader stock indicators also declined. The Standard & Poor's 500 index fell 21.14, or 2.49 percent, to 828.98, and the Nasdaq composite index fell 42.59, or 2.78 percent, to 1,486.74.

 

Bond prices fell. The yield on the benchmark 10-year Treasury note, which moves opposite its price, rose to 2.44 percent from 2.34 percent late Friday.

 

Light, sweet crude fell 40 cents to $36.11 a barrel on the New York Mercantile Exchange.

 

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

 

Yesterday’s Top Performing SmallCapVoice.com stocks:

 

Who's Your Daddy, Inc. (OTC BB: WYDI) was yesterday’s SmallCapVoice.com top performer moving up over 30% on trading volume of 104,688 shares.

 

Since closing at $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 the trend of good news, Who's Your Daddy, Inc. yesterday 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").

 

The relationship with T-Bone Beverages allows WYDI 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 WYDI’s products expands to over 150 million people.

 

A full version of the press release can be viewed at:

http://finance.yahoo.com/news/Whos-Your-Daddy-Inc-Delivers-bw-14068908.html

 

Today’s SmallCapVoice.com Hot Stocks to Watch:

 

Green Earth Technologies (Pink Sheets: GETG) is today’s hot stock to watch.

Green Earth Technologies announced today that they have now shipped over one million units of "G"-Branded products which are all biodegradable, renewable, recyclable and environmentally safe. GET products are made with American-grown base oils and utilize the power of nanotechnology which replaces the petrochemical base of traditional appearance and performance chemicals with an ultimate biodegradable bio base made with plants or animal fat to provide superior performance. It is sustainable and can be collected domestically with grown beef, pork, chicken fat and plant oils.

 

A full version of the press release can be viewed at:

 

http://finance.yahoo.com/news/GET-Achieves-1000000-prnews-14100141.html

 

To get small cap and OTC stock quotes, company news, and much more please visit www.smallcapvoice.com. Don’t forget to sign up for our complimentary newsletter. Our newsletter comes out once a day in the morning and features great small cap stock news, audio interviews, investor fact sheets on quality small cap stocks and more. We will never share your email address and we use Constant Contact, the industry standard for ethical email distribution. This provider makes it just as easy to opt-out as it is to opt in guaranteed!

 

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