Yesterday’s Top Performing SmallCapVoice.com stock:
Wall Street fell sharply early Friday. The Dow Jones industrials hit new six-year lows with investors worldwide selling on pessimism about the global economy. The Dow tumbled about 100 points in morning trading, a day after closing at its lowest level since Oct. 9, 2002.
Energy prices rose 1.7 percent in January, the first increase following five months of big declines. The advance was led by a 6 percent jump in gasoline prices. Even with that gain, prices at the pump are still more than 40 percent below year-ago levels.
Most economists believe consumers will not be battered again this year by soaring energy costs since global demand has fallen sharply in the face of a worldwide recession.
The mounting fear sent investors scurrying to the relative safety of U.S. government bonds and gold, which rose above $1,000 an ounce.
EGPI Firecreek, Inc. (OTC BB: EFIR) was a SmallCapVoice.com top performer moving up over 131% on trading volume of 14,050 shares.
EGPI Firecreek, Inc. announced that as part of its restructuring efforts initiated in late December 2008, has a signed a Letter of Intent with Templar PetroConsultants (“Templar”) to acquire, rehabilitate, and develop West Texas Oil and Gas projects, with wells and field operations in Haskell, Shackelford and Jones counties, Texas.
Templar will be the proposed Operators and minority partners. There are presently 38 wells, 14 of which are producing, with 24 shut-in wells that can be brought back into production. There are over 50 proved undeveloped or inside locations to be drilled to the existing proved producing formations with four or more identified formations behind the pipe for future development.
Today’s SmallCapVoice.com Hot Stock to Watch:
Atlantic Energy Solutions, Inc. (OTC BB: AESO)
Atlantic Energy Solutions, Inc. is looking forward to its role with the stimulus bill, which is also known as the Economic Recovery and Reinvestment Act of 2009 as it contains a significant amount of money being allocated for increased energy efficiency and green technologies.
Atlantic Energy Solutions, Inc. recently announced that a Southern New York State School District has received state approval to begin its contracted energy efficiency project with the company. The project is now underway, and Atlantic Energy will complete it in record time. With more than a decade of experience "greening" commercial buildings, including schools, school campuses, and municipalities; Atlantic Energy has compiled an impressive green platform in the energy industry.
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