Dallas, TX 3/25/2009 10:50:39 PM
News / Finance

OTCPicks.com Daily Market Movers Digest Midday Report for Wednesday, March 25th KBLB, PTEK, GSAT, BPUR, OSCI, AMD

OTCPicks.com’s Daily Small Cap and Microcap Newsletter presents a range of the hottest small cap stocks on trading on the OTC and OTCBB markets. In addition to our Newsletters, OTCPicks.com is quickly becoming the premier community destination for small cap and microcap traders to meet up and discuss their top stock picks. Visit http://www.otcpicks.com/microcap.htm today to join this growing community.

Our Stocks to Watch today include Kraig Biocraft Laboratories Inc. (OTCBB: KBLB), PokerTek Inc. (Nasdaq: PTEK), Globalstar Inc. (Nasdaq: GSAT), Biopure Corp. (Nasdaq: BPUR), Oscient Pharmaceuticals Corp. (Nasdaq: OSCI) and Advanced Micro Devices Inc. (NYSE: AMD).

For the complete newsletter please visit: http://www.otcpicks.com/daily-market-movers/index.php

For more in-depth coverage of small cap stocks visit http://www.otcpicks.com/microcap.htm

KRAIG BIOCRAFT LABORATORIES INCORPORATED (OTCBB: KBLB)

"Up 14.00% in morning trading"

Company Profile: http://www.otcpicks.com/kraig-biocraft-laboratories/kraig-biocraft-laboratories.htm

Kraig Biocraft Laboratories, Inc. focuses on the development of protein based fiber using recombinant DNA technology for commercial applications in the textile and specialty fiber industries. Its products are used in military and police departments; industrial applications, including critical cables and abrasion/impact resistant components; and consumer applications. These fibers are also employed in safety equipment, and high strength composite materials for the aero-space industry. The company was founded in 2006 and is based in Lansing, Michigan.

POKERTEK INCORPORATED (NASDAQ: PTEK)

"Up 8.56% in morning trading"

Company Profile: http://www.otcpicks.com/pokertek.htm

PokerTek, Inc., headquartered in Matthews, NC, develops and markets products for the casino and amusement industries. PokerTek developed PokerPro automated poker tables and related software applications to increase casino revenue, reduce expenses and attract new players into poker rooms by offering interactive poker that is fast, fun and mistake-free. Heads-Up Challenge is a two-player table that allows bars and restaurant patrons to compete head-to-head in various games for amusement purposes, increases earnings for game operators and provides patrons unique and challenging on-site entertainment. Both products are installed worldwide.

GLOBALSTAR INCORPORATED (NASDAQ: GSAT)

"Up 30.61% in morning trading"

Globalstar, Inc. provides mobile voice and data communications services through satellite. The company's services include mobile voice and fixed voice communications, data satellite communications, satellite data modem, and personal asset tracking and remote monitoring. Its products comprise voice and data equipment, emergency management communications systems, and maritime Wavecall 3000 and Wavecall MCM3; data-only equipment, including satellite data modem model GSP-1620 duplex data devices, multi-channel modems, and QUALCOMM GSP-1720 satellite voice and data modems; and SPOT satellite messenger. Globalstar holds licenses to operate a wireless communications network through satellites over 27.85 MHz in two blocks of global radio frequency spectrum. As of December 31, 2007, it had approximately 48 in-orbit satellites and 25 ground stations, which are referred as gateways. Globalstar offers its products and services through distribution managers, agents, and dealers; and resellers, including independent gateway operators, as well as through Internet. It serves oil and gas, government, mining, forestry, commercial fishing, utilities, military, transportation, heavy construction, emergency preparedness, and business continuity sectors, as well as individual recreational users. The company was founded in 2003 and is based in Milpitas, California.

BIOPURE CORPORATION (NASDAQ: BPUR)

"Up 90.10% in morning trading"

Biopure Corporation develops, manufactures and markets pharmaceuticals, called oxygen therapeutics that are intravenously administered to deliver oxygen to the body's tissues. Hemopure® [hemoglobin glutamer - 250 (bovine)], or HBOC-201, is approved for sale in South Africa for the treatment of surgical patients who are acutely anemic. On November 21, 2008, the Company announced that it had terminated most of its work force for financial reasons. Using its limited resources, the Company is developing Hemopure and is supporting the U.S. Navy's government-funded efforts to develop a potential out-of-hospital trauma indication. Biopure's veterinary product Oxyglobin® [hemoglobin glutamer - 200 (bovine)], or HBOC-301, the only oxygen therapeutic approved for marketing by both the U.S. Food and Drug Administration and the European Commission, is indicated for the treatment of anemia in dogs. Biopure has sold more than 200,000 units of Oxyglobin since its launch.

OSCIENT PHARMACEUTICALS CORPORATION (NASDAQ: OSCI)

"Up 41.07% in morning trading"

Oscient Pharmaceuticals Corporation is a commercial-stage pharmaceutical company marketing two FDA-approved products in the United States: ANTARA® (fenofibrate) capsules, a cardiovascular product and FACTIVE® (gemifloxacin mesylate) tablets, a fluoroquinolone antibiotic. ANTARA is indicated for the adjunct treatment of hypercholesterolemia (high blood cholesterol) and hypertriglyceridemia (high triglycerides) in combination with diet. FACTIVE is approved for the treatment of acute bacterial exacerbations of chronic bronchitis and community-acquired pneumonia of mild to moderate severity. Oscient promotes ANTARA and FACTIVE through a national sales force calling on primary care physicians, cardiologists, endocrinologists and pulmonologists.

ADVANCED MICRO DEVICES INCORPORATED (NYSE: AMD)

"Up 12.42% in morning trading"

Advanced Micro Devices (NYSE: AMD) is an innovative technology company dedicated to collaborating with customers and technology partners to ignite the next generation of computing and graphics solutions at work, home and play.

About OTCPicks.com

OTCPicks.com is fast becoming the premier Internet destination for investors seeking information on smallcap and microcap companies. The web site features companies in Profile Campaigns, Executive Interviews and Research Reports authored by our financial writers. We publish our Daily Market Movers Digest Newsletter to opt-in investor members. OTCPicks.com presents the latest information for the discerning small cap and microcap investor. The site features informative articles on microcap investing, the top penny stock picks, and a wealth of small cap research on vertical markets. To feature a company on OTCPicks.com, please contact our publisher, Brian Dean at 972-546-3740, or via email at publisher@otcpicks.com.

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.

Disclosure: OTCPicks.com has been compensated one hundred twenty thousand free trading shares by a non-controlling third party (Quality Stocks) for a KBLB advertising and promotional program.

OTCPicks.com is not a registered investment advisers or broker/dealer. OTCPicks.com makes no recommendation that the purchase of securities of companies profiled in this website is suitable or advisable for any person or that an investment such securities will be profitable. In general, given the nature of the companies profiled and the lack of an active trading market their securities, investing in such securities is highly speculative and carries a high degree of risk.