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http://www.otcpicks.com/microcap.htm today to join this growing community.Our Stocks to Watch tomorrow include Blockbuster Inc. (NYSE: BBI), Phoenix Interests Inc. (OTCBB: PXIT), IDT Corporation (NYSE: IDT), Resource Capital Corp. (NYSE: RSO) and Emergent Group Inc. (AMEX: LZR).
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http://www.otcpicks.com/microcap.htm to register for our Daily Market Mover's Digest Newsletter, and Email Stock Watch Alerts.BLOCKBUSTER INCORPORATED (NYSE: BBI)
"Up 113.64% on Wednesday"
Blockbuster Inc. is a leading global provider of in-home movie and game entertainment, with more than 7,500 stores throughout the Americas, Europe, Asia and Australia. The Company may be accessed worldwide at www.blockbuster.com.
PHOENIX INTERESTS INCORPORATED (OTCBB: PXIT)
"Up 100.00% on Wednesday"
The current mobile computing solution is a new business strategy for Phoenix. The strategy has been developed over the last year, and Stonewall is the first of several planned acquisitions in a roll-up strategy to rapidly establish a portfolio of mobile computing solutions. The Company anticipates a number of coming announcements regarding a name change, management changes, an expanded explanation of the new business strategy and additional acquisitions.
IDT CORPORATION (NYSE: IDT)
"Up 89.00% on Wednesday"
IDT Corporation is a consumer-focused multinational holding company. IDT Corporation's Class B Common Stock and Common Stock trade on the New York Stock Exchange under the ticker symbols "IDT" and "IDT.C," respectively.
RESOURCE CAPITAL CORPORATION (NYSE: RSO)
"Up 40.67% on Wednesday"
RCC is a diversified real estate finance company that qualifies as a real estate investment trust, or REIT, for federal income tax purposes. RCC's investment strategy focuses on commercial real estate-related assets, and, to a lesser extent, commercial finance assets. RCC invests in the following asset classes: commercial real estate-related assets such as whole loans, A-notes, B-notes, mezzanine loans and mortgage-related securities and commercial finance assets such as other asset-backed securities, bank loans, equipment leases and notes, trust preferred securities, debt tranches of collateralized debt obligations and private equity investments principally issued by financial institutions. RCC is externally managed by Resource Capital Manager, Inc., an indirect wholly-owned subsidiary of Resource America, Inc. (Nasdaq: REXI), a specialized asset management company that uses industry specific expertise to generate and administer investment opportunities for its own account and for outside investors in the financial fund management, real estate, and commercial finance sectors.
EMERGENT GROUP INCORPORATED (AMEX: LZR)
"Up 40.21% on Wednesday"
Emergent Group Inc., through its wholly owned subsidiary, PRI Medical Technologies, Inc. ("PRI Medical"), provides mobile medical laser and surgical equipment in 16 states on a per-procedure basis to hospitals, outpatient surgery centers and physicians' offices. Surgical equipment is provided to customers along with technical support personnel to ensure that such equipment is operating correctly. PRI Medical currently offers its services in five states in the western United States and 11 states along the eastern seaboard.
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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.
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