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

Stocks slipped on Tuesday as Boeing again delayed the first test flight of its Dreamliner aircraft and housing data pointed to a sluggish economic recovery.

Boeing, the Dow’s biggest drag, said the inaugural flight of its long-delayed 787 Dreamliner will be postponed so it can reinforce a section of the aircraft. Boeing slid 7.6 percent to $43.34.

Industry data showed that sales of previously owned homes rose at a slower-than-expected pace in May pointing to a tepid recovery from a severe recession.

The Dow Jones industrial average slipped 20.94 points, or 0.25 percent, to 8,318.07. The Standard & Poor’s 500 Index was off 0.90 points, or 0.10 percent, to 892.14. The Nasdaq Composite Index eased 4.53 points, or 0.26 percent, to 1,761.66.

Yesterday’s Top Performing Small Cap stock:

Octus Energy (OTC BB: OCTI) was a SmallCapVoice.com top performer moving up over 17% on trading volume of 137,434shares.

Octus Energy is a smart energy management company headquartered in Davis, California. Octus intends to develop, market and sell energy-efficient lighting and cooling solutions that enable public sector and private organizations to significantly reduce their energy expenses. The company intends to deliver solutions through OctusSEP (Smart Energy Platform), a turnkey energy savings and demand response management program targeting a $40 billion annual market in the United States.

Today’s SmallCapVoice.com Hot Stock to Watch:

Green Star Alternative Energy, Inc. (Pink Sheets: GSAE)

Green Star Alternative Energy, Inc. announced the hiring of Nikola Vasilijevic as the Company’s Wind Farm Designer. Nikola’s expertise lies in electrical engineering and computer science; he will oversee the engineering and construction of Green Star’s wind farms.

Nikola has worked for EPS, Electric Power Industry of Serbia, and has made significant research contributions to the assessment of wind energy potential in the region. His published work includes “Creating the Map of Vojvodina’s Wind Potential Using Linear Interpolation Independent of Direction” (2008); and Nikola was an honorary presenter at the European Wind Energy Conference in Marseilles.

Green Star Alternative Energy is an environmentally conscious, renewable energy, company working to develop more than 300 MW (megawatts) of clean electricity through wing energy. The corporate revenue model is two-fold: the use of a renewable resource allows not only for the creation of environmentally friendly energy, but the granting of carbon (greenhouse gas) emission credits which may be traded and sold. Green Star is pursuing a significant opportunity to provide clean energy to the growing Republic of Serbia and neighboring European countries. Through a joint venture with key wind farm and power trading company Notos, Green Star will become the nation’s first developer of wind power. GSAE is focused on green technology and sustainable energy programs like wind turbines, hydro electric power generation, and other renewable electricity models.

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