Dallas 11/3/2011 11:26:09 PM
News / Business

DEXO, MELI, PEIX and SINO are the Daily Market Movers for November 1st from OTCPicks.com

OTCPicks.com Presents Today’s Daily Market Movers DEXO, MELI, PEIX and SINO

DEX ONE CORPORATION (NYSE: DEXO) "Up 71.88% in morning trading"

Dex One Corporation operates as a marketing solutions company. The company offers various marketing solutions to promote businesses on the Internet, such as assessment of marketing programs and advertisements, message and image creation, recommendations for advertising placement, industry-specific research and information, market-specific research and information, in-depth understanding of how consumers search for businesses and what influences them to buy from one business versus another, Dex published yellow pages, Dex published white pages, search engine optimization strategies, keyword implementation, social strategies, and tracking and reporting. It also provides printed yellow pages directories, including core directories, community directories, and plus companion directories to meet the advertising needs of local and national businesses and the informational needs of local consumers. In addition, the company offers online products and services comprising Dexknows.com, which allows the user to search based on a category, business name, or set of keyword terms within a geographic region, as well as provides users to refine their searches, such as specific product and brand names, hours of operation, payment options, and locations; and DexNet for the placement of clients business listings in prime locations on DexKnows.com. Further, it provides other marketing solutions, such as local business and market analysis, target market identification, advertising and digital profile creation, and distribution strategies. The company was formerly known as R.H. Donnelley Corporation and changed its name to Dex One Corporation in January 2010. Dex One Corporation was founded in 1841 and is headquartered in Cary, North Carolina.

MERCADOLIBRE INCORPORATED (NASDAQ: MELI) "Up 32.39% in morning trading"

MercadoLibre, Inc., together with its subsidiaries, hosts online commerce and payments platforms in Latin America. Its services are designed to provide its users with mechanisms to buy, sell, pay for, and collect on e-commerce transactions. The company principally offers MercadoLibre marketplace, an automated online commerce service, which permits businesses and individuals to list items and conduct their sales and purchases online in a fixed-price or auction-based format. Its MercadoLibre marketplace enables registered users to list and purchase motor vehicles, vessels, aircraft, real estate, and other services through online classified listings; and Internet users to browse through various products and services that are listed on its Website and to register with MercadoLibre to list, bid for, and purchase items and services. The company also provides MercadoPago, an integrated online payments solution to facilitate transactions on and off the MercadoLibre marketplace by providing a mechanism that allows its users to send and receive payments online.

PACIFIC ETHANOL INCORPORATED (NASDAQ: PEIX) "Up 26.90% in morning trading"

Pacific Ethanol is the largest West Coast-based marketer and producer of ethanol. Pacific Ethanol has ethanol plants in Madera, California; Boardman, Oregon; and Burley, Idaho and has an additional plant under construction in Stockton, California. Pacific Ethanol also owns a 42% interest in Front Range Energy, LLC which owns an ethanol plant in Windsor, Colorado. Central to Pacific Ethanol's growth strategy is its destination business model, whereby each respective ethanol plant achieves lower process and transportation costs by servicing local markets for both fuel and feed. Pacific Ethanol's goal is to achieve 220 million gallons per year of ethanol production capacity in 2008 and to increase total production capacity to 420 million gallons per year in 2010. In addition, Pacific Ethanol is working to identify and develop other renewable fuel technologies, such as cellulose-based ethanol production and bio-diesel.

SINO-GLOBAL SHIPPING AMERICA LIMITED (NASDAQ: SINO) "Up 11.90% in morning trading"

Registered in the United States in 2001 and operating primarily in mainland China, Sino-Global is a leading, non-state-owned provider of high-quality shipping agency services. With local branches in most of China's main ports and contractual arrangements in all those where it does not have branch offices, Sino-Global is able to offer efficient, high-quality shipping agency services to shipping companies entering Chinese ports. With a subsidiary in Perth, Australia, where it has a contractual relationship with a local shipping agency, Sino-Global provides complete shipping agent services to companies involved in trades between Chinese and Australian ports. Sino-Global also operates a subsidiary in Hong Kong, China, to provide comprehensive shipping agent services to vessels going to and from one of the world's busiest ports.

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