Austin, TX 2/12/2009 12:40:41 AM
News / Business

Daily Small Cap Market News and Stock Highlights from SmallCapVoice.com

Stocks show modest bounce after Yesterday’s 4 percent drop

A day after a steep selloff on Wall Street, investors are looking for bargains but are still cautious about the banking industry and the overall economy.

 

Some rebound was to be expected after the major stock indexes fell more than 4 percent on Tuesday on disappointment in the government's announcement of a plan to overhaul the $700 billion financial rescue package passed by Congress last fall. The Dow Jones industrial average tumbled 382 points.

 

Investors are also awaiting a resolution on a more than $800 billion economic stimulus package that passed in the Senate on Tuesday. Republican and Democratic leaders are still at odds over how much money should be directed to certain programs. The final version of the bill is expected to reach President Barack Obama's desk within days.

 

In midmorning trading, the Dow Jones industrial average rose 24.53, or 0.31 percent, to 7,913.41.

 

Yesterday’s Top Performing SmallCapVoice.com stock:

 

L&L International Holdings, Inc. (OTC BB: LLFH) was yesterday’s SmallCapVoice.com top performer moving up over 66% on trading volume of 2,988 shares.

 

Lake Victoria Mining Company (OTC BB: LVCA) was another SmallCapVoice.com top performer moving up over 16% on trading volume of 225,432 shares.

 

Lake Victoria Mining Company's President, Dr. Roger A. Newell is no stranger to success. When acting as Vice President of Development for New York-based Capital Gold Corporation (CGLD), Dr. Newell identified a substantial gold deposit in Sonora, Mexico, that has since become the Junior Mining Company's El Chanate producing gold mining project. With this recent success of El Chanate, his focus turned to Tanzania, East Africa to work on the discovery of another producing gold mining project.

 

Today’s SmallCapVoice.com Hot Stock to Watch:

 

Who's Your Daddy, Inc. (OTC BB: WYDI) is today’s hot stock to watch.

 

Who's Your Daddy, Inc. announced that it has signed a marketing and representation agreement with Leigh Steinberg Sports & Entertainment (LSSE), as well as filing a Form 8-K with the Securities and Exchange Commission (SEC) disclosing the terms of the Steinberg representation deal.

The Agreement, which has a term of 12 months, provides that LSSE will provide marketing, public relations and merchandising services to Who’s Your Daddy Inc.

“We are honored to be represented by the biggest name and most talented sports agent in history,” said Who’s Your Daddy chairman and CEO Michael Dunn. “Not only is Mr. Steinberg a proven leader, he is a visionary who is leading the charge in driving the sports and entertainment industries to become more environmentally conscious through his new initiative, The Sporting Green Alliance.”

 

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

http://finance.yahoo.com/news/Whos-Your-Daddy-Inc-Signs-bw-14306343.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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