Austin, TX 4/8/2009 10:34:35 PM
News / Business

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

Wall Street is struggling to hold gains after uptick rule news release

Stocks stayed in positive territory on Wednesday after securities regulators recommended an updated uptick rule proposal which would apply to all stocks.

The move is aimed at restricting short selling, a type of investing blamed by some lawmakers and executives for exacerbating the financial crisis and driving down share prices.

A report that the government would extend aid to life insurers and Pulte Homes' announcement that it would buy rival home builder Centex in a $1.3 billion helped underpin sentiment.

The Dow Jones industrial average was up 33.61 points, or 0.43 percent, at 7,823.17. The Standard & Poor's 500 Index was up 4.50 points, or 0.55 percent, at 820.05. The Nasdaq Composite Index was up 19.32 points, or 1.24 percent, at 1,580.93.

 

Yesterday’s Top Performing SmallCapVoice.com stocks:

 

Paradigm Medical Industries, Inc.  (OTC BB: PDMI) was a SmallCapVoice.com top performer moving up over 28% on trading volume of 14,455,331 shares.

 

Paradigm Medical Industries, Inc. announced today that Stephen Davis, a leading executive in the medical device industry, has been named new President of the Company. His range of sales, marketing, manufacturing, and operations management in both the domestic and international markets will prove very beneficial to the organization.

 

Today’s SmallCapVoice.com Hot Stock to Watch:

 

Attitude Drinks, Inc. (OTC BB: ATTD)

 

Attitude Drinks Incorporated announced today that building upon decades of experience in the formulation, production, marketing and sales of milk and dairy based drinks, the management team will launch two unique and innovative milk drinks. Recognizing the increasing consumer demands for healthy, convenient and functional beverages, these formulations deliver the benefits of milk, using technology and science never before introduced in the beverage industry.

 

Phase III™ ‘Recovery’ will be introduced to address the growing need for sophisticated, exercise recovery solutions. Designed to exploit the scientific evidence favoring low fat, chocolate milk as a highly efficient sports recovery drink, Phase III™ provides a research proven, targeted solution. Formulated with a focus on delivering the most effective protein to carbohydrate ratio in addition to measured levels of recovery enhancing vitamins and minerals, Phase III™ is the first protein drink utilizing “Mother Nature’s most perfect food” in delivering this function.

 

Just!™ ‘Metabolic Health’ targets consumers interested in achieving improved metabolic health. Recently announced scientific studies indicate that significant health benefits, including weight management and heart health, are derived from improved metabolic health. Attitude Drinks will introduce Nutraceutical Discoveries’ all natural formulation, Innutria™, exclusively, in this fat free, no sugar added, chocolate milk drink. Just!™ has been formulated using ingredients naturally found in milk to deliver features proven to provide the benefits of fat burn and reduction of oxidative and inflammatory heart stress.

 

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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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