GUANGZHOU GLOBAL TELECOM INCORPORATED (OTCBB: GZGT) "Up 500.00% on Friday"
Guangzhou Global Telecom, Inc., through its subsidiaries, engages in the distribution and trade of rechargeable phone cards, cellular phones, and accessories in the People’s Republic of China. The company also maintains and operates a prepaid mobile phone card sales and distribution center in Guangdong Province, the People’s Republic of China. In addition, it provides mobile handset value-added services. It offers its products to wholesalers, retailers, and final users. Guangzhou Global Telecom, Inc. is based in Tallahassee, Florida.
ATLANTIC COAST FEDERAL CORPORATION (NASDAQ: ACFC) "Up 49.57% on Friday"
Atlantic Coast Financial Corporation is the holding company for Atlantic Coast Bank, a federally chartered and insured stock savings bank. It is a community-oriented financial institution serving northeastern Florida and southeastern Georgia markets through 12 locations, with a focus on the Jacksonville metropolitan area.
PACIFIC ETHANOL INCORPORATED (NASDAQ: PEIX) "Up 10.37% on Friday"
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.
OTCPicks.com, one of the leading penny stock Web sites, presents its daily Stocks to Watch and Midday Market Movers every weekday. In addition to all the latest penny stock news, OTCPicks also offers daily newsletters, unique commentaries and free profiles, alerts and investing tips.
The stocks presented above are available in OTCPicks.com's Free Daily Email Newsletter. For daily stock alerts go to www.otcpicks.com to sign up.
Disclosure: OTCPicks.com and affiliates have not been compensated by any of the companies covered in this release
