Dallas, TX 3/26/2009 7:55:38 AM
News / Finance

OTCPicks.com Stocks to Watch for Thursday, March 26th INDR, HTV, GSAT, MYNG

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Our Stocks to Watch tomorrow include Indie Ranch Media Inc. (OTC: INDR), Hearst-Argyle Television Inc. (NYSE: HTV), Globalstar Inc. (Nasdaq: GSAT) and Golden Eagle International Inc. (OTCBB: MYNG).

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INDIE RANCH MEDIA INCORPORATED (OTC: INDR)

"Up 172.73% on Wednesday"

India Ranch Media, Inc. is a comprehensive Internet Protocol Television (IPTV) studio and production and post production services company. The Company is operated by management experienced in film, TV and new media with strong relationships in the creative and technical communities, and a track record of successful film, television and IPTV productions and industry partnerships. Indie Ranch Media collaborates with industry leading artists, engineers, post production experts and equipment manufacturers to provide filmmakers with innovative and cost effective solutions to bring their visions to life. Please visit the company's website at www.indranch.com.

HEARST ARGYLE TELEVISION INCORPORATED (NYSE: HTV)

"Up 92.82% on Wednesday"

Hearst-Argyle Television, Inc., together with its subsidiaries, engages in the ownership and operation of network-affiliated television stations in the United States. The company's programming includes three components consisting of programs produced by networks with which it is affiliated, such as ABC's Desperate Housewives, NBC's Law and Order and CBS' CSI: Crime Scene Investigation, and special event programs, such as The Academy Awards and the Olympics; programs that it produces, such as local news, weather, sports and entertainment; and first-run syndicated programs that it acquires, such as The Oprah Winfrey Show and Entertainment Tonight. Its stations also provide public service announcements and political coverage, as well as sponsor community service projects and other public service initiatives. As of December 31, 2008, the company owned or managed 29 television stations, including 10 stations affiliated with NBC, 13 ABC affiliated stations, 2 CBS affiliated stations, 1 CW affiliated station, and 1 station affiliated with MyNetworkTV; and managed 1 CW station, and 1 independent station and 2 radio stations owned by The Hearst Corporation. The company was founded in 1994 and is headquartered in New York, New York. Hearst-Argyle Television, Inc. is a subsidiary of Hearst Holdings, Inc.

GLOBALSTAR INCORPORATED (NASDAQ: GSAT)

"Up 34.11% on Wednesday"

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.

GOLDEN EAGLE INTERNATIONAL (OTCBB: MYNG)

"Up 53.85% on Wednesday"

Golden Eagle International, Inc. is a gold and copper exploration, mining and milling company headquartered in Salt Lake City, Utah; with offices in Elko, Nevada and Santa Cruz, Bolivia. The Company's most recent efforts have centered on its Agreement with Queenstake Resources USA, Inc. for the maintenance and ongoing regulatory compliance of the Jerritt Canyon 4,000 tpd CIL gold mill. In addition, Golden Eagle is working to maximize the potential of its Gold Bar 4,000 tpd CIP gold mill located in Eureka, Nevada through a joint venture, toll refining arrangement or potential merger. The Company has temporarily suspended operations at its C Zone gold mine and mill within its 136,500 acres (213 square miles) in eastern Bolivia's Precambrian Shield. Golden Eagle has also temporarily suspended its continuing development of its Buen Futuro A Zone gold and copper project in eastern Bolivia.

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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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