New York 12/23/2011 11:30:19 PM
News / Finance

Obsidian Financial’s Stock Market News for Friday December 23, 2011

TRANSWORLDNEWS – 12/23/11–OFinancialinc.com announces the following stocks to its Morning Stock Market News

 

OFinancialinc.com, the investor's choice for small-cap alerts, provides stock alerts of the most active small to big cap stocks for early signs of potentially big stock moves. Early timing is critical for catching these potentially explosive stock moves. To receive our FREE "OFC Stock Alert Newsletter" and get more early alerts, please visit our website: OFinancialinc.com.

Paul Hogan, CEO of T3, a wholly-owned subsidiary of Virogen Inc. (OTC: VRNI), a technology holding company, on 12/20/11 commented on federal legislation that was introduced in the Senate during the summer of 2011 that would require US-based companies to report data breaches that threaten consumer privacy and could face stiff penalties for concealing them.

The Personal Data Privacy and Security Act aims to set national standards for protecting the growing amount of personally identifiable information being stored online. Its approval by the Senate Judiciary Committee represents the fourth year the bill has been introduced, said its sponsor, Senator Patrick Leahy of Vermont.

Paul Hogan commented, "This recent legislation proposal shows the absolute crisis that the US and the world's largest corporations and government are facing regarding data breaches and the subsequent leakage of extremely sensitive consumer and government information. Cyber attacks have been around for a long time, however due to their sensitive nature, large corporations have tried their best to keep them from being reported to the media, which would no longer be possible if this legislation passes which we believe is simply a matter of time."

To view the full press release for Virogen Inc. (OTC: VRNI), click here or visit OFinancialinc.com

Obsidian Financial gainers are: Rambus Inc. (NASDAQ: RMBS), Carver Bancorp Inc. (NASDAQ: CARV), SunPower Corporation (NASDAQ: SPWR), Pixelworks Inc. (NASDAQ: PXLW), PostRock Energy Corporation (NASDAQ: PSTR), Synutra International Inc. (NASDAQ: SYUT), National Technical Systems Inc. (NASDAQ: NTSC), Cape Bancorp Inc. (NASDAQ: CBNJ), Mercury Computer Systems (NASDAQ: MRCY), ModusLink Global Solutions Inc. (NASDAQ: MLNK)

 

Obsidian Financial decliners are: Hollysys Automation Technologies Ltd. (NASDAQ: HOLI), Immunomedics Inc. (NASDAQ: IMMU), Photronics Inc. (NASDAQ: PLAB), Presidential Life Corporation (NASDAQ: PLFE), TechTarget Inc. (NASDAQ: TTGT), InterMune Inc. (NASDAQ: ITMN), Books-A-Million Inc. (NASDAQ: BAMM), Origin Agritech Limited (NASDAQ: SEED), Horsehead Holding Corp. (NASDAQ: ZINC), Albany Molecular Research Inc. (NASDAQ: AMRI)

About OFinancialInc.com:

OFinancialInc.com, a leader in corporate communications and finance, provides investors with a wide-ranging set of financial tools, including original stock market commentary, stock quotes, interactive charts, portfolio watch, live chat and message boards, plus the latest news, press releases, investment opinions, and research reports for all companies highlighted on the site. Visit http://StockPromoters.com for more details.

All material herein was prepared by Obsidian Financial Communications, Inc. (OFC) based upon information believed to be reliable. The information contained herein is not guaranteed by OFC to be accurate, and should not be considered to be all-inclusive. The companies that are discussed in this opinion have not approved the statements made in this opinion. This opinion contains forward-looking statements that involve risks and uncertainties. This material is for informational purposes only and should not be construed as an offer or solicitation of an offer to buy or sell securities. OFC is not a licensed broker, broker dealer, market maker, investment banker, investment advisor, analyst or underwriter. Please consult a broker before purchasing or selling any securities viewed on http://OFinancialinc.com or mentioned herein. Virogen Inc. (OTC: VRNI) - Obsidian Financial Communications Inc. (OFC) expects to receive $2500 for VRNI. In addition to any compensation mentioned above, additional compensation can be equal to ten percent of any newly issued or registered securities of the profiled companies. OFC's affiliates, officers, directors and employees may own shares and intend to buy and sell additional shares of the companies mentioned herein and may profit in the event those shares rise in value. OFC will not advise as to when it decides to sell and does not and will not offer any opinion as to when others should sell; each investor must make that decision based on his or her judgment of the market. To see OFC's full disclaimer / compensation, please visit our web site:  http://ofinancialinc.com/disclaimer

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