Dallas, TX 5/15/2009 10:58:46 PM
OTCPicks.com Daily Market Movers Digest Midday Report for Friday, May 15th ADVE, THRR, HAYZ, BCND
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Our Stocks to Watch today include Adventure Energy Inc. (OTCBB: ADVE), Thresher Industries Inc. (OTC: THRR), Hayes Lemmerz International Inc. (Nasdaq: HAYZ) and Beacon Redevelopment Industrial Corp. (OTC: BCND).
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For more in-depth coverage of small cap stocks visit http://www.otcpicks.com/microcap.htm
ADVENTURE ENERGY INCORPORATED (OTC: ADVE)
Company Profile: http://www.otcpicks.com/adventure-energy/adventure-energy.htm
Adventure Energy, Inc., is an independent energy company principally engaged in the acquisition, exploration and development of mature long-lived oil and natural gas properties. The company's current operations are concentrated in the Appalachian Basin within the states of Kentucky and West Virginia.
THRESHER INDUSTRIES INCORPORATED (OTC: THRR)
Company Profile: http://www.otcpicks.com/thresher-industries.htm
Thresher Industries focuses on the design, engineering and manufacturing of eco-friendly precision aluminum and advanced metal matrix composites. The Company's alloys are made from 100% recycled aluminum and all metal matrix composite alloys are manufactured using clean-burning, easily reclaimable materials. The Company provides engineering, metallurgical and sales support as well as access to unique bio-degradable technologies such as its Nautilus Core system. Thresher Industries sells to the aerospace, automotive, defense and industrial markets in U.S. and Europe. The Company's 30,000 sq. foot, ISO9000-certified foundry is located in Central California in Hanford.
HAYES LEMMERZ INTERNATIONAL INCORPORATED (NASDAQ: HAYZ)
"Up 46.44% in morning trading"
Hayes Lemmerz International, Inc. is a world leading global supplier of automotive and commercial highway wheels. The Company has 23 facilities and approximately 7,000 employees worldwide.
BEACON REDEVELOPMENT INDUSTRIAL (OTC: BCND)
"Up 100.00% in morning trading"
Beacon Redevelopment Industrial Corporation specializes in acquiring undervalued properties that offer the potential for above average return on investment along with multiple assets and development ability at distressed prices, the properties must offer recyclable/salvageable materials, energy resources or mineral rights along with the potential for redevelopment and or desirable development potential; the company also seeks along with the above for mentioned, properties that have the possibility for governmental grants, tax rebates or deferments as part of their criteria for acquisition.
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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.
Disclosure: OTCPicks has been compensated forty thousand free trading shares by a non-controlling third party for ADVE advertising and promotional services. OTCPicks.com has been compensated five hundred thousand shares by Monarchy Capital for THRR advertising and promotional services.
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.