sábado, 27 de octubre de 2012

Oil BBDA Hits New Highs - Continues its 2 Month Long Rally

Oil


I don't like to revisit a stock on a daily basis, but BBDA continues to give me a reason to write about them.  The stock sat at $.0003 a little over two months ago (its 52 week low) and hit a high today of .0172 today.  If you bought $1,000 of BBDA stock at the $.0003 price,  today those shares were worth $57,333 at the high.  If you bought $1,000 of BBDA stock when I alerted it my subscribers at $.0003/.0004,  they were worth $43,000 at the high today.  Just a great rally and just when you think its going to stop, it picks right back up and heads to new highs.

http://pennystockgurus.blogspot.com/2012/08/bbda-stock-soars-from-00030004-to-0144.html

http://pennystockgurus.blogspot.com/2012/08/bbda-stock-hits-01-share.html

http://pennystockgurus.blogspot.com/2012/08/bbda-hit-0119-share-from-0003-alert.html

jueves, 25 de octubre de 2012

Signals U.S. did not call for strategic oil release: G20 sources

Signals U.S. did not call for strategic oil release: G20 sources U.S. Treasury Secretary Timothy Geithner (C) and Chairman of Grupo Financiero Banorte Guillermo Ortiz (L) arrive to a meeting of Group of Twenty (G20) leading economies' finance ministers and central bankers in Mexico City February 25, 2012. REUTERS/Tomas Bravo MEXICO CITY, Reuters (Feb 25) - The United States did not openly call for a release of countries' strategic oil reserves during Group of 20 meetings this weekend, Group of 20 sources said on Saturday. Treasury Secretary Timothy Geithner said on Friday the United States is considering a release from its strategic oil reserves as rising tensions between Iran and the West over its disputed nuclear program fueled a rise in oil prices. At meeting of G20 economies on Saturday, two people familiar with the discussion said finance officials had discussed the risk to the world economy from oil prices, which rose above $125 a barrel on Friday, but the United States did not push for a release of strategic reserves. Countries hold oil reserves as a buffer against sudden drops in supply. A draft communique for the G20 meeting, which is still under discussion, said high oil prices were a risk to the global economy, the sources said, although the outlook was cautiously optimistic. 'The communique says that there are some positive signs in the global economy, coming especially from the U.S. economy, but they are tentative,' one G20 official said. (Reporting by Francesca Landini and Dave Graham; Writing by Krista Hughes)

Oil Obama seeks power to merge agencies

Oil WASHINGTON (AP) -- President Barack Obama on Friday took aim at his government's own messy bureaucracy, prodding Congress to give him greater power to merge agencies and promising he would start by collapsing six major economic departments into one. Pressing Republicans on one of their own political issues, Obama said it was time for an 'effective, lean government.' Obama wants the type of reorganizational authority last held by a president when Ronald Reagan was in office. Obama's version would be a so-called consolidation authority allowing him to propose only mergers that promise to save money and shrink government. The deal would help Obama considerably by entitling him to an up-or-down vote from Congress in 90 days. Still, final say would remain with lawmakers, both on whether to grant Obama this fast-track authority and then in deciding whether to approve any of his specific ideas. 'We can do this better,' Obama declared in an event with business owners at the White House, even presenting slides to help make his case. 'So much of the argument out there all the time is up at 40,000 feet, these abstract arguments about who's conservative or who's liberal,' Obama said. 'Most Americans — and certainly most small business owners — you guys are just trying to figure out how do we make things work, how do we apply common sense. And that's what this is about.' In an election year and a political atmosphere of tighter spending, Obama's move is about more than improving a giant bureaucracy. He is attempting to directly counter Republican arguments that he has presided over the kind of government regulation, spending and debt that can undermine the economy — a dominant theme of the emerging presidential campaign. Republicans have often aligned themselves with smaller government. So politically, Obama is trying to put the onus on Republicans in the House and Senate to show why they would be against the pursuit of leaner government. From Capitol Hill, a spokesman for Sen. Mitch McConnell of Kentucky, the top Republican in the Senate, pledged Obama's plan would get a careful review. But the spokesman, Don Stewart, also said: 'After presiding over one of the largest expansions of government in history, and a year after raising the issue in his last State of the Union, it's interesting to see the president finally acknowledge that Washington is out of control.' Obama has an imperative to deliver. He made the promise to come up with a smart reorganization of the government in his last State of the Union speech last January. At the time, Obama grabbed attention by pointing out the absurdity of government inefficiency. In what he called his favorite example, Obama said: 'The Interior Department is in charge of salmon while they're in fresh water, but the Commerce Department handles them when they're in saltwater. And I hear it gets even more complicated once they're smoked.' The White House said the problem is serious for consumers who turn to their government for help and often do not know where to begin. Not in decades has the government undergone a sustained reorganization of itself. Presidents have tried from time to time, but each part of the bureaucracy has its own defenders inside and outside the government, which can make merger ideas politically impossible. That's particularly true because 'efficiency' is often another way of saying people will lose their jobs. Obama hopes to enhance his chances by getting Congress to give him the assurance of a clean, relatively speedy vote on any of his proposals. There is no clear sign that Obama would get that cooperation. He spent much of 2011 in utter gridlock with Republicans in Congress. In the meantime, Obama announced Friday that Karen Mills, the administrator of the Small Business Administration, would be elevated to Cabinet-level rank. But her job would essentially disappear if Obama has his way. If he gets the new fast-track power to propose legislation, Obama's first project would be to combine six major operations of the government that focus on business and trade. They are: the Commerce Department's core business and trade functions; the Small Business Administration; the Office of the U.S. Trade Representative; the Export-Import Bank; the Overseas Private Investment Corporation; and the Trade and Development Agency. The goal would be one agency designed to help businesses thrive. The White House says 1,000 to 2,000 jobs would be cut, but the administration would do so through attrition; that is, as people routinely leave their jobs over time. The administration said the merger would save $3 billion over 10 years by getting rid of duplicative overhead costs, human resources divisions and programs. The name and potential secretary of the new agency have not been determined. The point, the White House says, is not just making the government smaller but better by saving people time and eliminating bureaucratic nightmares. The idea for the consolidated business agency grew out of discussions with hundreds of business leaders and agency heads over the last several months. Brendan Buck, a spokesman for House Speaker John Boehner, R-Ohio, said streamlining government was always a potentially good idea but expressed wariness about whether Obama's plan would really help business. 'American small businesses are more concerned about this administration's policies than from which building in Washington they originate,' Buck said. 'We hope the president isn't simply proposing new packaging for the same burdensome approach.' According to the White House, presidents held such a reorganizational authority for about 50 years until it ran out during Reagan's presidency in 1984. Obama has a series of other ideas about consolidating departments across the government, to be rolled out later.

miércoles, 24 de octubre de 2012

Earn Europe hit by downgrade speculation

Earn ROME (AP) -- Europe's ability to fight off its debt crisis was again thrown into doubt Friday when the euro hit its lowest level in over a year and borrowing costs rose on expectations that the debt of several countries would be downgraded by rating agency Standard & Poor's. Stock markets in Europe and the U.S. plunged late Friday when reports of an imminent downgrade first appeared and the euro fell to a 17-month low. The fears of a downgrade brought a sour end to a mildly encouraging week for Europe's heavily indebted nations and were a stark reminder that the 17-country eurozone's debt crisis is far from over. Earlier Friday, Italy had capped a strong week for government debt auctions, seeing its borrowing costs drop for a second day in a row as it successfully raised as much as €4.75 billion ($6.05 billion). Spain and Italy completed successful bond auctions on Thursday, and European Central Bank president Mario Draghi noted 'tentative signs of stabilization' in the region's economy. A credit downgrade would escalate the threats to Europe's fragile financial system, as the costs at which the affected countries — some of which are already struggling with heavy debt loads and low growth — could borrow money would be driven even higher. The downgrade could drive up the cost of European government debt as investors demand more compensation for holding bonds deemed to be riskier than they had been. Higher borrowing costs would put more financial pressure on countries already contending with heavy debt burdens. In Greece, negotiations Friday to get investors to take a voluntary cut on their Greek bond holdings appeared close to collapse, raising the specter of a potentially disastrous default by the country that kicked off Europe's financial troubles more than two years ago. The deal, known as the Private Sector Involvement, aims to reduce Greece's debt by €100 billion ($127.8 billion) by swapping private creditors' bonds with new ones with a lower value, and is a key part of a €130 billion ($166 billion) international bailout. Without it, the country could suffer a catastrophic bankruptcy that would send shock waves through the global economy. Prime Minister Lucas Papademos and Finance Minister Evangelos Venizelos met on Thursday and Friday with representatives of the Institute of International Finance, a global body representing the private bondholders. Finance ministry officials from the eurozone also met in Brussels Thursday night. 'Unfortunately, despite the efforts of Greece's leadership, the proposal put forward ... which involves an unprecedented 50 percent nominal reduction of Greece's sovereign bonds in private investors' hands and up to €100 billion of debt forgiveness — has not produced a constructive consolidated response by all parties, consistent with a voluntary exchange of Greek sovereign debt,' the IIF said in a statement. 'Under the circumstances, discussions with Greece and the official sector are paused for reflection on the benefits of a voluntary approach,' it said. Friday's Italian auction saw investors demanding an interest rate of 4.83 percent to lend Italy three-year money, down from an average rate of 5.62 percent in the previous auction and far lower than the 7.89 percent in November, when the country's financial crisis was most acute. While Italy paid a slightly higher rate for bonds maturing in 2018, which were also sold in Friday's auction, demand was between 1.2 percent and 2.2 percent higher than what was on offer. The results were not as strong as those of bond auctions the previous day, when Italy raised €12 billion ($15 billion) and Spain saw huge demand for its own debt sale. 'Overall, it underscores that while all the auctions in the eurozone have been battle victories, the war is a long way from being resolved (either way),' said Marc Ostwald, strategist at Monument Securities. 'These euro area auctions will continue to present themselves as market risk events for a very protracted period.' Italy's €1.9 trillion ($2.42 trillion) in government debt and heavy borrowing needs this year have made it a focal point of the European debt crisis. Italy has passed austerity measures and is on a structural reform course that Premier Mario Monti claims should bring down Italy's high bond yields, which he says are no longer warranted. Analysts have said the successful recent bond auctions were at least in part the work of the ECB, which has inundated banks with cheap loans, giving them ready cash that at least some appear to be using to buy higher-yielding short-term government bonds. Some 523 banks took €489 billion in credit for up to three years at a current interest cost of 1 percent.

martes, 23 de octubre de 2012

Forex Why You Shouldn't Manage Your Friends' Money

Forex Why You Shouldn't Manage Your Friends' Money So you put away some nice returns this year - not too shabby. While you can't be blamed for bragging about good performance, it's not uncommon for friends to want a part of the action. What would you do if a friend asked you to make investments on his or her behalf? In this article we'll show you the highs and lows of investing for others. Taking Advantage of Your Financial Knowledge It's no surprise that your pals might want you to manage a couple of bucks for them. If you're pulling down decent returns and talking about your investing strategies, you've now become the go-to guy (or girl). These days, money talks and people who understand the financial world are getting a lot of respect as young people realize there's more to investing than they once thought. If you have financial knowledge, people who know you might view you as a very valuable commodity - a free money manager. All too often, the person asking you to invest his or her money is the person who knows a little something about investing - just enough to get into trouble. If you're nailing double-digit returns this year, why couldn't you repeat the performance year after year, right? The Problems with Investing for Others You may think that investing for someone else is just a way of helping out a friend, but the thing is, when you start investing for other people, particularly your friends, you enter a world of complications that you might not have foreseen when you started out. Unrealistic Expectations That friend of yours, the one who thinks that your 35% returns this year are going to happen next year as well, might be in for a nasty surprise when your picks make next to nothing. When you invest for friends, you have to deal with unrealistic expectations that can really put a damper on a relationship. If your friends wants you to invest for them, they likely don't understand all of the risks involved with investing, including not quite meeting the investment goals that they may have been projecting. Losing a Friend's Money Not meeting a friend's investing expectations could jeopardize your friendship, but falling short of your friend's projected returns could be a best-case scenario. When things go wrong, making some money is a lot better than losing money, which isn't an abstract concept for anyone who invests actively. When you bring money into a relationship, things can get uncomfortable pretty fast, especially when that money is hemorrhaging out of an investment account. Do you tell the friend to suck it up? Do you repay the person out of your pocket? Do you try to make up the difference with new picks? Really, there probably isn't a good way to deal with losing a friend's money and you should consider this risk before you agree to invest for anyone. Legal Matters Managing a friend's money is a sticky business and if you go through with it you may be breaking the law. Investment professionals must be registered with the Securities and Exchange Commission or have a federal license. They are heavily regulated by the government and by trade organizations like the National Association of Securities Dealers, for the protection of consumers. If you invest for a friend for compensation, you could be breaking laws that are in place to protect investors from people who aren't qualified to have discretionary control over others' accounts. Short End of the Stick Despite the drawbacks, investing for friends isn't always doomed to failure. With skill, smarts and a whole lot of luck, you might rake in the cash. If that's the case, you still have to consider whether or not your friend is taking advantage of you. Helping out a friend is nice, but when that help consists of making significant amounts of money for that person and getting little or nothing in return, you might be suffering from an off-balance relationship. What You Can Do for Friends Now that I've taken the wind out of your sails, and your friend's as well, there are things that you can do to help your friends' investments without burdening yourself with the substantial responsibility of investing someone else's money. One of the best ways to lend a hand is to help teach your friend about investing. Help Them Learn There are a lot of pitfalls out there for new investors. If you're lucky, you've been able to avoid quite a few of them or you learned how you should have gone about avoiding them. The benefit of your experience can be one heck of an asset to pass on to a friend and it won't cost either one of you personally or financially. Therefore, if you want to help your friends, work with them; show them how to analyze a financial statement, how to execute a trade online, how to look up business news, or how to find online resources. Investment Clubs Going farther still, there is a popular way to invest hands-on with friends without taking on the responsibility that an investment advisor would feel for a client - the investment club. The investment club consists of a group of people who vote to decide whether or not to buy or sell their group-owned investments. Investment clubs are great, because they allow a more personal approach with actual investments than just helping someone with investing concepts. These clubs will also give you a vested interest in performance of your friend's portfolio. If you're interested in starting an investment club, there are plenty of resources available, ranging from your broker to the internet. It's important to recognize that an investment club isn't just a couple of people who want to invest together - it's a formal (and legally defined) organization with members who have an equitable claim to their assets. This means you should look into the rules and laws that govern investment clubs where you live before joining or starting one yourself. The Bottom Line Investing for a friend usually isn't worth the amount of trouble it can cause. Money just isn't something you want to bring into a good friendship. In the end, by helping your friends invest on their own, you'll be doing them, and yourself, a much bigger favor.

lunes, 22 de octubre de 2012

Signals Big stocks on the move

Signals

Large cap stocks are showing good action. Besides AAPL, GOOG was another big mover yesterday. AMZN may be setting up for breakout.


domingo, 21 de octubre de 2012

Forex Big stocks on the move

Forex

Large cap stocks are showing good action. Besides AAPL, GOOG was another big mover yesterday. AMZN may be setting up for breakout.


martes, 16 de octubre de 2012

Oil Rate on 30-year mortgage drops to record 3.89 pct.

Oil

Newly built luxury townhomes are offered for sale in Woodland Hills, Calif. Tuesday, Jan. 10, 2012. Fixed mortgage rates hit yet another record low on the second week of the new year. But the cheap rates are expected to do little to boost the depressed housing market. (AP Photo/Damian Dovarganes) Newly built luxury townhomes are offered for sale in Woodland Hills, Calif. Tuesday, Jan. 10, 2012. Fixed mortgage rates hit yet another record low on the second week of the new year. But the cheap rates are expected to do little to boost the depressed housing market. (AP Photo/Damian Dovarganes) WASHINGTON (AP) -- Fixed mortgage rates fell once again to a record low, offering a great opportunity for those who can afford to buy or refinance homes. But few are able to take advantage of the historic rates. Freddie Mac said Thursday the average rate on the 30-year fixed mortgage fell to 3.89 percent. That's below the previous record of 3.91 percent reached three weeks ago. Records for mortgage rates date back to the 1950s. The average on the 15-year fixed mortgage ticked down to 3.16 percent. That's down from a record 3.21 percent three weeks ago. Mortgage rates are lower because they track the yield on the 10-year Treasury note, which fell below 2 percent. They could fall even lower this year if the Fed launches another round of bond purchases, as some economists expect. [Click here to check home loan rates in your area.] Average fixed mortgage rates hovered around 4 percent at the end of 2011. Yet many Americans either can't take advantage of the rates or have already done so. High unemployment and scant wage gains have made it harder for many people to qualify for loans. Many don't want to sink money into a home that they fear could lose value over the next few years. Mortgage applications have fallen slightly on a seasonally adjusted basis over the past four weeks, according to the Mortgage Bankers Association. Frank Nothaft, Freddie Mac's chief economist, said that until hiring picks up and unemployment drops significantly, the impact of lower mortgage rates will remain muted. Previously occupied homes are selling just slightly ahead of 2010's dismal pace. New-home sales in 2011 will likely be the worst year on records going back half a century. Builders hope that the low rates could boost sales next year. Low mortgage rates were cited as a key reason the National Association of Home Builders survey of builder sentiment rose in December to its highest level in more than a year. But so far, they have had little impact on the depressed housing market. To calculate the average rates, Freddie Mac surveys lenders across the country Monday through Wednesday of each week. The average rates don't include extra fees, known as points, which most borrowers must pay to get the lowest rates. One point equals 1 percent of the loan amount. The average fee for the 30-year loan fell to 0.7 from 0.8; the average on the 15-year fixed mortgage was unchanged at 0.8. For the five-year adjustable loan, the average rate declined to 2.82 percent from 2.86 percent. The average on the one-year adjustable loan fell to 2.76 percent from 2.80 percent. The average fee on the five-year adjustable loan rose was unchanged at 0.7; the average on the one-year adjustable-rate loan was unchanged at 0.6.

lunes, 15 de octubre de 2012

Signals Greece, creditors laboriously piece together debt deal

Signals Greece, creditors laboriously piece together debt deal ReutersReuters – 1 hour 26 minutes ago Companies: Thomson Reuters Corporation RELATED QUOTES Symbol Price Change TRI 27.82 -0.10 By Renee Maltezou and Lefteris Papadimas ATHENS (Reuters) - Greece and its private creditors head back to the negotiating table on Saturday to put together the final pieces of a long-awaited debt swap agreement needed to avert an unruly default. After weeks of muddling through round after round of inconclusive talks, the negotiations appear to be in their final phase, with both sides hoping to secure a preliminary deal before Monday's European Union summit. Prime Minister Lucas Papademos was expected to meet bankers' chief negotiator Charles Dallara at around 1330 GMT (8:30 a.m. EST) on Saturday, before meeting inspectors from the 'troika' of foreign lenders pressing Athens to step up painful reforms. 'Today will be another tough day,' said George Karatzaferis, leader of the far-right LAOS party, one of three parties in Papademos's emergency coalition government. 'We will see whether we can bear the burden that lies ahead.' The debt swap, in which private creditors are to take a 50 percent cut in the nominal value of their Greek bond holdings in exchange for cash and new bonds, is a prerequisite for the country to secure a 130-billion-euro rescue package. Papademos told Reuters in an interview on Friday he expected the debt talks to be concluded within days. 'We made significant progress over the last few weeks and in the last few days in particular. We are trying to conclude the discussions as quickly as possible. I am quite optimistic an agreement will be reached in the coming days,' he said. But concern has grown that the deal may not do enough to get the country's debt reduction plan back on track, and that Greece's European partners will be forced to stump up funds to cover the shortfall. The German news magazine Der Spiegel reported on Saturday that Greece's international lenders thought Athens would need 145 billion euros of public money from the euro zone for its second bailout rather than the planned 130 billion euros. The magazine said the extra money was needed because of the deteriorating economic situation in Greece, echoing a Reuters report on Thursday. Athens also faces problematic talks with the 'troika' of foreign lenders - the European Commission, IMF and European Central Bank - who have warned it needs to do more to drive through painful reforms before they dole out any more money. 'It's all very dense, difficult and crucial,' a Greek finance ministry official said. 'There is optimism because the country needs to survive and we need to protect its citizens because they have suffered a lot.' Athens and its creditors have broadly agreed that new bonds under the swap would probably have a 30-year maturity and a progressive interest rate. The deal is aimed at chopping 100 billion euros off Greece's crushing 350-billion-euro debt load. But they have wrangled for weeks over the interest rate Greece must pay on the new bonds and pressure has grown in recent days on the European Central Bank and other public creditors to accept a cut in the value of their Greek bond holdings like the private sector creditors. A debt deal must be sealed in about three weeks as Greece has to repay 14.5 billion euros of debt on March 20. Otherwise Greece will sink into an uncontrolled default that might spread turmoil across the euro zone. Papademos promised on Friday this would not happen. 'Greece will not default,' he said. International Monetary Fund Managing Director Christine Lagarde said on Saturday that euro zone members were making progress to overcome their crisis but must do more to strengthen their financial firewall, adding that the IMF was ready to help. 'There is progress as we see it,' Lagarde told a panel discussion at the World Economic Forum in Davos. 'But it is critical that the euro zone members actually develop a clear, simple, firewall that can operate both to limit the contagion and to provide this sort of act of trust in the euro zone so that the financing needs of that zone can actually be met.' Senior euro zone officials have expressed optimism on the Greek debt deal, though previous predictions of an imminent agreement have failed to become reality. Greece is in its fifth year of recession, and hopes of an end to the crisis in the near term have virtually gone, because of the combination of squabbling politicians, rising social anger and its inability to get its debt load under control. Germany is pushing for Greece to relinquish control over its budget policy to European institutions as part of discussions over a second rescue package, a European source told Reuters on Friday. Greece said such a move was out of the question, adding that a similar proposal had been made in the past by a Dutch minister without getting anywhere. 'There is no way we would accept such a thing,' a Greek government official told Reuters. (Additional reporting by Renee Maltezou, Writing by Deepa Babington; editing by Tim Pearce)

domingo, 14 de octubre de 2012

Signals Coca-Cola says it alerted FDA about fungicide

Signals Coca-Cola says it alerted FDA about fungicide Coca-Cola says it alerted FDA about fungicide after finding it in orange drinks Companies: Pepsico, Inc. RELATED QUOTES Symbol Price Change PEP 64.63 -0.38 NEW YORK (AP) -- Coca-Cola Co. said Thursday it alerted the Food and Drug Administration after it discovered via testing its own and competitors' products that some Brazilian growers had sprayed their orange trees with a fungicide that is not approved for use in the U.S. The FDA had said Monday that an unnamed juice company alerted it in December after detected low levels of the fungicide in orange juice products after testing its own and competitors' products. Most orange juice products made by Coke and other companies contain a blend of juice from different sources including Brazil. Atlanta-based Coca-Cola did not say which of its own and others' products it tested contained the fungicide. Its own orange juice products include Simply Orange and Minute Maid. [Also see: Taste Test of Starbucks' New Blonde Coffee] 'This is an industry issue that affects every company that produces products in the U.S. using orange juice from Brazil,' said Coca-Cola spokesman Dan Schafer. He declined to say whether its tests shows fungicide in Coca-Cola products The FDA has said the low levels found of the fungicide aren't a safety risk but they will increase testing to make sure the contamination isn't a problem. The fungicide, carbendazim, is not currently approved for use on citrus in the U.S., but is used in Brazil, which exports orange juice to the United States. Brazil is the biggest producer of oranges in the world, according to the Agriculture Department. Coca-Cola says it continues to work with the FDA on the issue. [Also see: Classic Comfort Foods Made Healthy] In addition to Coca-Cola, Pepsico Inc.'s Tropicana brand is one of the largest U.S. orange juice producers. Coca-Cola shares fell 40 cents to $67.66 in morning trading Thursday. PepsiCo shares fell 28 cents to $64.73 per share.

sábado, 22 de septiembre de 2012

Signals Etisalat eyes mobile remittances in Gulf

Signals Etisalat eyes mobile remittances in Gulf Companies: AFN RELATED QUOTES Symbol Price Change AFN 0.00 0.00 Related Content A man walks past a sign at the headquarters of telecommunications company Etisalat in Dubai October 25, 2011. REUTERS/Jumana El HelouehView Photo A man walks past a sign at the headquarters of telecommunications company Etisalat in Dubai October 25, 2011. REUTERS/Jumana El Heloueh By Matt Smith DUBAI (Reuters) - UAE telecoms operator Etisalat (ABD:ETISALAT), which saw $1.8 billion moved over its network last year via money transfers, has sought regulatory approval to expand its financial services offerings in the Gulf region, home to millions of expatriates. Mobile money services allow customers to pay bills or make remittances using SMS text messages, often at a cheaper cost than through banks or money transfer firms. 'Remittances are a huge business opportunity,' George Held, director of products and services at Etisalat, told Reuters. 'The cost base for telecoms operators is much different than for banks and exchange houses. We do not need bricks and mortar branches, so our costs are lower and we can pass on this saving and offer better exchange rates and transaction fees.' The former monopoly was expected to focus on its home market and Saudi Arabia. Both countries have large expat populations and inbound annual remittances were worth about $36 billion combined in 2010, Held said. About 89 percent of the UAE's 8.3 million population are expatriates, while in Saudi Arabia just over a fifth of the 27 million population are foreigners. Etisalat's Egypt unit could also profit from an estimated $8 billion of inbound remittances from Egyptians working abroad. Etisalat has tied up with Western Union and MoneyGram International to allow money sent by mobile customers in the Middle East to be collected anywhere in the world. Aside from remittances, the operator hopes to offer salary payments, peer-to-peer domestic funds transfers and utility and shop payments. 'Remittances will be an extremely important part of our mobile money services. But it is not enough alone to drive service adoption, so we will offer a mix of services to make it very hard for customers not to get involved,' said Held. Etisalat already offers some of these services in six countries, including Afghanistan, Pakistan, Sri Lanka and Tanzania and plans to expand this to the 17 countries in which it operates in Asia, Africa and the Middle East. 'We want to introduce mobile money in the rest of our markets as soon as possible. It is not a technical issue, but ticking all the boxes from a regulatory, compliance and customer education point of view,' Held said. LESS MONEY, MORE LOYALTY Mobile money has taken off in parts of Africa, where a minority of people hold bank accounts and the banking infrastructure in rural areas remains limited. About 8 percent of Tanzania's gross domestic product is thought to go through mobile banking. Text-based financial services will not help stem a decline in global SMS revenues - seen dropping up to 40 percent over the next three years as users opt for alternative text services such as BlackBerry Messenger or WhatsApp - but it can improve customer loyalty. 'When people have a mobile wallet ... we believe they will stay with us for a long time,' Held said. 'When was the last time you changed your bank account?' Etisalat will face challenges in convincing customers in the Gulf region, who have easy access to banking and exchange houses, to switch. 'In this region, people are used to going to the bank for transactions - they like to get a receipt. It is not a game-changer for telecom operators' revenues,' said a regional telecoms analyst. Pedro Oliveira, partner at consultant Oliver Wyman, said telecoms operators face a tough task competing with conventional exchange houses. 'Low income workers in the Gulf count every penny. So, it is not convenience that matters, but cost,' he said. 'For expats with prepaid contracts wanting to send money home, they would have to buy prepaid cards to top up their phone balance and then send a text.'

martes, 18 de septiembre de 2012

Earn Stuck in the mud

Earn


Stuck in the mud is the current stage of market.

Every time it tries to rally it gets pulled back in range. Every time it attempts breakdown , it gets pulled back in range.

The breadth on either up or down attempt is also low. So no major breadth thrusts on either side.

The large cap stocks are holding up well compared to the small cap stocks.

The Fed day did not produce any spark. The ECB also opted for no change in policy.

The market needs a catalyst for big move in either direction. Till then stuck in mud.

martes, 11 de septiembre de 2012

Forex China to reform, grow economy, IMF eyes freer yuan

Forex Chinese Vice-Premier Li Keqiang gestures as he talks to European Commission President Jose Manuel Barroso and European Council President Herman Van Rompuy at the Great Hall of the People in Beijing February 15, 2012. REUTERS/How Hwee Young/PoolView Photo Chinese Vice-Premier Li Keqiang gestures as he talks to European Commission President Jose Manuel Barroso and European Council President Herman Van Rompuy at the Great Hall of the People in Beijing February 15, 2012. REUTERS/How Hwee Young/Pool By Kevin Yao and Koh Gui Qing BEIJING (Reuters) - China cannot delay tough economic reforms, Vice Premier Li Keqiang said on Sunday, underscoring the top leadership's push for market-based change after the sacking last week of an ambitious provincial leader who wanted a bigger state role in the economy. Li, widely expected to succeed Wen Jiabao as premier in a leadership transition that begins later this year, promised flexible policies to keep growth brisk and prices stable, with a focus on boosting domestic demand and pursuing structural reforms to make growth more stable and balanced. 'China has reached a crucial period in changing its economic model and (change) cannot be delayed. Reforms have entered a tough stage,' Li said, echoing comments made by Wen last week. 'We will make policies more targeted, flexible and forward-looking to maintain relatively fast economic growth and keep price levels basically stable,' Li said in a speech at an economic policy conference, attended by top Chinese officials, the head of the IMF and dozens of foreign business leaders. He said China would 'deepen reforms on taxes, the financial sector, prices, income distribution and seek breakthroughs in key areas to let market forces play a bigger role in resource allocation'. Li's renewed emphasis on reform-led growth comes after Wen said slower growth and bolder political reform must be embraced to keep the world's second largest economy from faltering and to spread wealth more evenly, promising to use his last year in power to attack discontent that he warned could end in chaos. Wen told a news conference at the end of the National People's Congress (NPC) that growth would be made more resilient to external pressures, domestic property and inflation risks deflated and 10.7 trillion yuan ($1.7 trillion) in debt racked up by local governments dealt with, while also promoting political change. He cut China's official 2012 growth target to 7.5 percent, down from the 8 percent targeted in each of the last eight years, aiming to create leeway to deliver reform of items including subsidies, without igniting inflation. China's annual rate of inflation cooled to 3.2 percent in February, below the government's 4 percent target for the first time in more than a year. But policymakers remain particularly sensitive to elevated commodity prices, given China's huge imports of raw materials. PRO-GROWTH POLICIES CRUCIAL Zhang Ping, head of the country's top planning agency, the National Development and Reform Commission, told the Sunday conference that economic policies maintaining relatively fast growth were key to the country's future. 'First of all, we need to maintain steady and relatively fast economic growth -- development is the key for resolving all problems in China,' Zhang said. The government would maintain prudent monetary and pro-active fiscal policies, and stand ready to fine-tune settings -- a consistent refrain from China's leaders since the autumn of 2011. The show of unity over pro-market reform took on new significance last week when China's central leadership moved to bolster control over the southwest city-province of Chongqing after ousting its contentious but popular chief, Bo Xilai. The calls for unity with the ruling Communist Party's top leaders were emblazoned on the front pages of Chongqing newspapers on Saturday. They made no mention of Bo, removed from power after a scandal when his Vice Mayor Wang Lijun took refuge in February in a U.S. consulate until he was coaxed out. After arriving in Chongqing in 2007, Bo, 62 and a former commerce minister, turned it into a bastion of Communist revolutionary-inspired 'red' culture and egalitarian growth, winning national attention with a crackdown on organized crime. His self-promotion and revival of Mao Zedong-inspired propaganda irked moderate officials. But his populist ways and crime clean-up were welcomed by many residents and others who hoped Bo could try his policies nationwide. Li said that while the overall trend of China's economy was stable with sound fundamentals, it faced structural obstacles that must be overcome, adding that Beijing would push forward structural reforms while encouraging technological innovations to generate new sources of economic growth. CURRENCY REFORM CARROT International Monetary Fund managing director, Christine Lagarde, dangled an additional reform carrot at the same economic forum on Sunday, saying that the yuan could become a global reserve currency with the right mix of market-oriented structural change. 'What is needed is a roadmap with a stronger and more flexible exchange rate, more effective liquidity and monetary management, with higher quality supervision and regulation, with a more well-developed financial market, with flexible deposit and lending rates, and finally with the opening up of the capital account,' Lagarde said. 'If all that happens, there is no reason why the renminbi (yuan) will not reach the status of a reserve currency occupying a position on par with China's economic status.' China, the world's biggest exporting nation and the second-largest importer, has long wanted to break the dollar's dominance as the principal global unit of cross-border trade, in part to battle internal inflation risks and also to enhance Beijing's influence on the international financial system. China's has a closed capital account system and its currency is tightly controlled. Although Beijing has increased the use of the yuan to settle cross border trade, undertaking a series of reforms in recent years to that end, yuan settlement was only about $300 billion in 2011, which Chinese exports were worth about $1.9 trillion. Li said he expected China's total trade to maintain double-digit growth this year. The government has an official target of 10 percent growth in both imports and exports for 2012. Exports are a key source of demand and jobs for China's vast factory sector and have been a principal driver of wealth creation for much of the last decade in the wake of the country's accession to the World Trade Organization. China's trade balance plunged $31.5 billion into the red in February as imports swamped exports to leave the largest deficit in at least a decade and fuel doubts about the extent to which frail foreign demand drove the drop. Li said that there were some encouraging signs emerging about the pace of global economic recovery, and forecast that China's total trade would top $10 trillion in the five years 2011-2015, but added that the outlook was not certain, with efforts to resolve Europe's debt crisis still evolving. Economists expect China's annual economic growth to slow to close to 8 percent in the first three months of 2012, down from 8.9 percent in the last quarter of 2011. That would be the fifth successive quarter of slower growth and leave China on track to end the year with its weakest expansion in a decade. A raft of economic indicators in the last two weeks have signaled that China's economy is on a gentle glide lower and on course to avoid a so-called hard landing. (Writing by Nick Edwards; Editing by Don Durfee and Jonathan Thatcher)

Oil Glass is still half full for flush American farmers

Oil Glass is still half full for flush American farmers WASHINGTON (Reuters) - Brian Roach scrawled a simple outlook for corn prices in a spiral notebook, with a line diving from the upper left hand corner to the lower right. Sitting in a hotel ballroom at the U.S. Department of Agriculture's annual Agricultural Outlook Forum last week, the commodity broker predicted increasing supplies and weakening demand would slow a boom in the farm economy that has fattened growers' wallets and pushed up food prices. 'Nothing is telling me to think any different right now,' said Roach, president of the Florida-based commodity business Roach Ag Marketing. For the first time in years at the conference that traditionally kicks off the year for America's agri-business sector, forecasters said the seemingly endless upward trajectory on everything from crop prices to farmer income was coming to an end. The price of corn, the big daddy of the major U.S. crops, could fall 20 percent this year and because of expanding production globally, the corn stockpile would double. It is a significant shift after corn prices reached a record high near $8 a bushel last summer on concerns about strong demand draining inventories. The surge in prices is expected to encourage an expansion in planting of crops this year. Farmers are becoming 'very pragmatic about the investments they're making in machinery, equipment and input costs' after spending freely following last autumn's profitable harvest, said Thomas Dorr, president of the U.S. Grains Council. Many built new storage bins and upgraded their tractors and combines. Moving forward, 'the mood is one of caution,' Dorr said. To be sure, farmers are flush with cash after farm income topped $100 billion for the first time in 2011 as the rural economy rebounded from the pothole of the global recession. Even if income slumps to $96.3 billion this year due to larger world and domestic supplies as predicted by the government, farmers and ranchers would be looking at their second-best year ever. Income would remain well above the 10-year average. 'Prospects for U.S. agriculture continue to be strong with record income in 2011 and a strong balance sheet,' said Joe Glauber, the USDA chief economist. Still, there was a sense of deja vu of 2008 at the conference that attracts some 2,000 attendees. That year, farmers enjoyed sky high prices for their crops but marching in lockstep, was the price of crude oil. The recent spike in fuel prices could again add pressure to the farm economy. Energy costs squeeze farmer margins because they depend heavily on tractors, combines, pesticides and fertilizers -- which track the price of fuel -- to get most out of their land. 'Energy costs to a farmer are obviously a serious concern,' said David Berg, president of the American Crystal Sugar Company, based in Moorhead, Minn. 'It's almost like a few years ago where everyone was in a state of panic.' He said sugar beet farmers in Minnesota and North Dakota are doing well but a double whammy of lower prices on the market for the commodity and higher energy prices would be hard to swallow for a number of growers. 'The price of sugar is high enough so that an increase in energy costs is a negative for them, but it's not going to put them under water,' Berg said. 'If the price of sugar goes down from where it is today, it will very likely put some of them under water.' Tyson Foods also is worried about rising fuel costs, with Chief Executive Donnie Smith warning the recent jump in gas prices could dent demand for beef by reducing disposable income of consumers. Beef prices have reached record levels due to a historic drought that reduced cattle herds in the southern Plains and high prices for corn that is fed to livestock. 'You're not moving as much volume of meat but you're paying more for it,' Smith told reporters at the conference. A drop in demand for meat could hurt livestock producers even as increased grain production would cut their feed costs. Farmers are expected to go all out to get their seeds in the ground this spring, especially with the mild winter that is now coming to a close. The USDA estimates they will plant 94 million acres (38 million hectares) of corn, about 2 million acres more than last year and the largest area since 1944. Still, Jon Caspers, a producer of about 8,000 hogs a year in Iowa, is not breathing a sigh of relief due to high gasoline prices and lingering uncertainty about demand. He's also unsure farmers will plant as much corn as expected. Last year, heavy spring rains dashed their plans to plant from fence post to fence post. 'A lot of producers are waiting to see if it really happens,' he said. (Additional reporting by Charles Abbott; Writing by Russ Blinch; Editing by Marguerita Choy)

Top OTC/Pink Sheets Stock





Top OTC/Pink Sheets Stocks - 9/11/12




1. Pristine Solutions (PRTN)2. Lifevantage Corporation (LFVN)3. Advanced Cell Technology Inc. (ACTC)4. Transax International Ltd. (TNSX)5. Cellceutix Corporation (CTIX)6. Southridge Enterprises Inc. (SRGE)7. MEDISAFE 1 TECHNOLOG (MFTH)8. Bebida Beverage Company, Inc. (BBDA)9. Punchline Resources Ltd. (PUNL)10. Oryon Technologies, Inc. (ORYN)11. Neologic Animation Inc. (NANI)12. OncoSec Medical Incorporated (ONCS)13. Eastman Kodak (EKDKQ)14. Fannie Mae (FNMA)15. Augme Technologies, Inc. (AUGT)16. AMR Corporation (AAMRQ)17. Save The World Air (ZERO)18. Sigma Labs, Inc. (SGLB) 19. Viking Minerals Inc. (VKMD)20. Fortune Oil & Gas, Inc. (FOGC)21. International Card Establishment Inc. (ICRD)22. Liberty Silver Corp. (LBSV)23. All American Pet Company, Inc. (AAPT)24. Imaging Diagnostic Systems Inc. (IMDS)25 Cannabis Science, Inc. (CBIS)26. Worthington Energy, Inc. (WGAS)27. Stevia First Corp (STVF)28. Dynamic Ventures Corporation (DYNV)29. Chimera Energy Corporation (CHMR)30. Vision Plasma Systems (VLNX)31. Everybody's Phone Company (EVPH)32. Medical Marijuana, Inc. (MJNA)33. Firemans Contractors, Inc. (FRCN)34. Applied DNA Sciences Inc. (APDN)35. Globalgroup Investment (GIHI)36. Freddie Mac (FMCC)37. Liquidmetal Technologies Inc. (LQMT)38. Entest Biomedical, Inc. (ENTB)39. Lynas Corporation Limited (LYSCF)40. Life Design Station International, Inc. (LDSI)41. Patriot Coal (PCXCQ)42. Implant Sciences Corp. (IMSC)43. NeoMedia Technologies Inc. (NEOM)44. Fuse Science, Inc. (DROP)45. Global Karaoke Network, Inc. (GKNI)46. Rapid Fire Marketing, Inc. (RFMK)47. Todays Alternative Energy Corporation (TAEC)48. Pacific Gold Corp (PCFG)49. Aperture Health, Inc (APRE)50. Domark Intl (DOMK)51. F-3 Technologies, Inc. (FTCH)52. SEFE, Inc. (SEFE)53. AmBase Corp. (ABCP)54. American Diversified Holdings Corporation (ADHC)55. Stevia Corp. (STEV)56. KMA Global Solutions (KMAG)57. Organovo Holdings, Inc. (ONVO)58. ATTITUDE DRINKS INC (ATTD)59. NaturalNano, Inc. (NNAN)60. Dig-It Underground, Inc. (DIGX)61. DNA Dynamics, Inc. (DNAD)62. Tactical Air Defense Services, Inc. (TADF)63. Platforms Wireless International Corp. (PLFM)64. Agent155 Media Corp. (AGMC)65. Revolutionary Concepts, Inc. (REVO)66. WrapMail, Inc. (WRAP)67. Herborium Group, Inc. (HBRM)68. Cytomedix, Inc. (CMXI)69. InVivo Therapeutics Holdings Corp. (NVIV)70. mPhase Technologies, Inc. (XDSL.OB)71. U.S. Silver Corporation (USSIF)72. Delta Petroleum Corp (DPTRQ.PK)73. Sebastian River Holdings, Inc. (SBRH)74. ADM Tronics Unlimited Inc. (ADMT)75. Friendly Energy Exploration (FEGR)76. Far East Energy Corp (FEEC.OB)77. AGR Tools, Inc. (AGRT.PK)78. West Canyon Energy Corp. (WCYN)79. Liberty Star Uranium & Metals Corp. (LBSR)80. Green Oasis Environmental, Inc. (GRNO.PK)81. VGTEL, INC. (VGTL.PK)82. CDC CORP (CDCAQ.PK)83. Propell Corporation (PROP)84. SATYAM COMPUTER SERVICES LTD (SAYCY.PK)85. Nuvilex, Inc. (NVLX.PK)86. Quantum International Corp. (QUAN)87. PeopleString Corporation (PLPE.OB)88. Trycera Financial, Inc. (TRYF.PK)89. DiMi Telematics International, Inc. (DIMI)90. Vitro Diagnostics, Inc. (VODG.PK)91.  Flameret, Inc. (FLRE.PK)92. American Medical Technologies Inc. (ADLI)93. First China Pharmaceutical Group, Inc. (FCPG.OB)
94. Earth Dragon Resources Inc. (EARH.OB)
95. Inolife Technologies, Inc. (INOL.PK)96. Sunrise Consulting Group, Inc. (SNRS.PK)
97. Spoofem.com USA (SPFM.PK)
98. WRITERS GROUP FILM CORP (WRIT)99. JBI, Inc. (JBII.PK)100. Boreal Water Collection, Inc. (BRWC.PK)101. Home Energy Savings Corp. (HESV.PK)
102. AppTech Corp. (APCX.PK)
103. Ramoil Management, Ltd. (RAMO.PK)
104. Metatron Inc. (MRNJ.PK)
105. Kalahari Greentech, Inc. (KHGT.PK)
106. Neoprobe Corp. (NEOP.OB)
107. Vitesse Semiconductor Corp. (VTSS.PK)
108. Titan Resources International Corp. (TNRI.PK)
109. EMAMBA INTL CORP (EMBA.PK)110. CROSSWIND RENEWABLE (CWNR.PK)111. MARIJUANA, INC. (HEMP.PK)112. AISystems, Inc. (ASYI.PK)113. Angiotech Pharmaceuticals Inc. (ANPI)(ANPI.PK)114. Seahawk Drilling, Inc. (HAWK) (HAWKQ.PK)
115. Razor Resources Inc. (RZOR.OB)
116. Quest Rare Minerals Ltd. (QSURD.PK)
117. RegenoCell Therapeutics, Inc. (RCLL.OB)118. Action Products International, Inc. (APII.PK)119. EXPLORE ANYWHERE HOLDINGS (EAHC)120. RINO International Corporation (RINO.PK)
121. ALL AMERICAN GOLD CORP (AAGC.OB)122. Talon Therapeutics, Inc. (TLON)123. Novadel Pharma Inc. (NVDL.OB)124. CYOP SYSTEMS INTL (CYOS.PK)125. Garb-Oil & Power Corp. (GARB.PK)126. Hi Score Corp. (HSCO)127. Terralene Fuels Corporation (GSPT)128. Deltron Inc. (DTRO.OB)129. STANS ENERGY CORP (STZYF.PK)
130. Globetrac Inc. (GBTR.PK)
131. HELICOS BIOSCIENCES (HLCS.PK)
132. Genta Incorporated (GETA.OB)
133. eDOORWAYS Corporation (EDWY.PK)
134. Searchlight Minerals Corp. (SRCH.OB)135. Global Health Ventures, Inc. (GHLV.PK)
136. PARAFIN CORP (PFNO.PK)137. RTG Ventures Inc. (RTGV.PK)138. International Stem Cell Corporation (ISCO.OB)139. San West, Inc. (SNWT.OB)140. ALR Technologies Inc. (ALRT.OB)141. Dutch Gold Resources, Inc. (DGRI.PK)142. China Wi-Max Communications, Inc. (CHWM.OB)143. Luke Entertainment, Inc. (LKEN.PK)144. iBrands Corp (IBRC.PK)145. Andes Gold Corp (AGCZ.PK)146. Lithium Corporation (LTUM.OB)147. Medical Staffing Solutions Inc. (MSSI)148. SunPeaks Ventures (SNPK)149. Toron, Inc. (TRON.OB)150. EPUNK, INC. (PUNK.PK)151. Cougar Oil and Gas Canada Inc. (COUGF.OB)
152. Silver Falcon Mining, Inc. (SFMI)153. Guided Therapeutics, Inc (GTHP)154. Luxeyard, Inc. (LUXR)155. Talisman Holdings, Inc. (TMHO.PK)
156. MediSwipe, Inc. (MWIP.OB)157. China Nuvo Solar Energy, Inc. (CNUV.PK)158. Pershing Gold Corp (PGLC.OB)159. AVATAR VENTURES CORP (AVVC.OB)
160. BRAZOS INTERNATIONAL EXPLORATION, INC (BRZL.PK)
161. Northwest Biotherapeutics, Inc. (NWBO)162. eMax Holdings Corp. (EMXC.PK)163. TRANZBYTE CORPORATIO (ERBB.PK)164. China Tel Group Inc. (CHTL.OB)
165. Lyric Jeans, Inc. (LYJN.PK)166. Reeltime Rentals, Inc. (RLTR.PK)
167. Valcom, Inc. (VLCO.PK)168. Easton Pharmaceuticals Inc. (EAPH.PK)169. Simulated Environment Concepts, Inc. (SMEV.PK)170. Beyond Commerce, Inc. (BYOC.OB)171. AquaStar Holdings, Inc. (RPPR.PK)
172. Optical Systems, Inc. (OPSY.PK)173. NIKRON TECHNOLOGIES (NKRN.PK)174. BioPharm Asia Inc. (BFAR.PK)
175. XcelMobility Inc. (XCLL.OB)176. Healthy Coffee International, Inc. (HCEI.PK)
177. A-Power Energy Generation Systems (APWR.PK)178. Proteonomix, Inc. (PROT.OB)179. Lighthouse Petroleum, Inc. (LHPT.PK)180. Mammoth Energy Group, Inc. (MMTE.PK)181. Comverse Technology Inc. (CMVT.PK)182. Encounter Technologies, Inc. (ENTI.PK)
183. Li-ion Motors Corp. (LMCO.OB)184. Western Sierra Mining Corp. (WSRA.PK)
185. Cotton & Western Mining, Inc. (CWRN.PK)
186. Titan Energy Worldwide, Inc. (TEWI)187. SIPP International Industries, Inc (SIPN.PK)188. Vega Biofuels, Inc. (VGPR.PK)
189. Intellect Neurosciences, Inc. (ILNS)190. American Community Development Group Inc. (ACYD)191. Shamika 2 Gold, Inc. (SHMX.OB)192. Power Technology Inc. (PWTC.PK)193. Diamond Information Institute, Inc. (DIII.PK)194. Lone Star Gold, Inc. (LSTG.OB)195. High Plains Gas, Incorporated (HPGS.OB)196. Genius Brands International, Inc. (GNUS)197. Tuffnell Ltd. (TUFF.OB)
198. Total Apparel Group, Inc. (TLAG.PK)
199. Avalon Oil and Gas, Inc. (AOGN.PK)200. Liberty Coal Energy Corp. (LBTG.OB)
201. Thornburg Mortgage Inc. (THMRQ.PK)
202. Oteegee Innovations, Inc. (OTGI.PK)
203. Sunergy Inc. (SNEY.PK)
204. Fresh Start Private Management Inc. (CEYY.OB)
205. Marketing Worldwide Corp (MWWC.PK)206. VisualMED Clinical Solutions Corp. (VMCS.PK)207. China YiBai United Guarantee International Holding Inc. (CBGH.PK)208. Titan Oil & Gas, Inc. (TNGS.OB)
209. LEGEND OIL & GAS (LOGL.OB)210. China Carbon Graphite Group, Inc. (CHGI.OB)
211. American Lithium Minerals Inc. (AMLM.OB)
212. All Grade Mining, Inc. (HYII.PK)213. Li3 Energy, Inc. (LIEG.OB)
214. Gryphon Resources, Inc. (GRYO.PK)
215. America Fiber Green Products (AFBG.PK)216. Alamo Energy Corp. (ALME.OB)
217. California Gold Corp (CLGL)218. Anything Technologies Media Inc. (EXMT.PK)219. Ameriwest Energy Corp. (AWEC.PK)220. Washington Mutual Inc. (WAMUQ.PK)221. Ranger Gold Corp. (RNGC.OB)
222. SpectrumDNA, Inc. (SPXA.PK)
223. Westmont Resources Inc. (WMNS.PK)
224. Echo Therapeutics, Inc. (ECTE.OB)
225. Hop-On Inc. (HPNN.PK)
226. 3D Icon Corporation (TDCP.OB)
227. Singing Machine Company, Inc. (SMDM)228. El Maniel International, Inc. (EMLL.PK)229. Dussault Apparel, Inc. (DUSS.PK)230. W2 Energy Inc. (WTWO)231. My Social Income, Inc. (MSOA.PK)232. Hiru Corporation (HIRU.PK)
233. Prime Sun Power Inc. (PSPW.OB)
234. CrowdGather, Inc. (CRWG.OB)235. Ecosphere Technologies, Inc. (ESPH.OB)
236. Savoy Energy Corp (SNVP.PK)237. China MediaExpress Holdings, Inc. (CCME.PK)
238. HELIX WIND CORP (HLXW.PK)239. Easylink Solutions Corp. (ESYL.PK)240. Elephant Talk Communications Inc. (ETAK.OB)241. EcoloCap Solutions Inc. (ECOS.OB)242. Next 1 Interactive Inc. (NXOI.OB)243. Mistral Ventures Inc. (MILV.PK)244. CLEAN POWER CONCEPTS (CPOW.PK)245. CROWNE VENTURES INC (CRWV.PK)246. HORIYOSHI WORLDWIDE (HHWW.OB)247. DPOLLUTION International Inc. (RMGX.PK)
248. Global Developments, Inc. (GDVM.PK)249. Allezoe Medical Holdings, Inc. (ALZM)250. Abot Mining Co. (ABOT.PK)251. Yippy, Inc. (YIPI)252 Globalink Ltd. (GOBK)253. BioElectronics Corporation (BIEL.PK)254. BizRocket.com, Inc. (BZRT)255. KAT Exploration Inc. (KATX.PK)256. ShengdaTech, Inc. (SDTHQ.PK)257. Bioflamex Corp (BFLX)258. GENEREX BIOTECH CORP (GNBT.PK)259. Leo Motors Inc. (LEOM)260. EVCARCO, Inc. (EVCA.OB)261. Imaging3 Inc. (IMGG.OB)262. China Electric Motor, Inc. (CELM.PK)263. Coastal Pacific Mining Corp. (CPMCF.PK)
264. Dog, Inc. (GRDO.PK)

265. Tirex Corp. (TXMC.PK)266. ZAP (ZAAP.OB)267. Li3 Energy, Inc. (LIEG.OB)268. Left Behind Games Inc. (LFBG.OB)269. Lattice Incorporated (LTTC)270. TERRESTAR CORP (TSTRQ.PK)271. Societe Generale (SCGLY.PK)272. Global Digital Solutions (GDSI.PK)273. AER Energy Resources, Inc (AERN.PK)274. LTS Nutraceuticals, Inc. (LTSN.OB)275. Bryn Resources, Inc. (BRYN.PK)276. For the Earth Corp (FTEG.PK)277. THE BRAINY BRANDS (TBBC.OB)278. Sweetwater Resources, Inc. (SWTR)279. GoIP Global, Inc. (GOIG.PK)280. RXi Pharmaceuticals Corporation (RXII)281. Cannabis Medical Solutions, Inc. (CMSI.OB)282. Unilava Corporation (UNLA)283. North Springs Resources Corp. (NSRS.OB)284. California Grapes International, Inc. (CAGR.PK)285. Kunekt Corporation (KNKT.PK)286. PUDA Coal (PUDA.PK)287. EAST COAST DIVERSIFIED (ECDC)288. OriginOil, Inc. (OOIL.OB)289. Kurrant Mobile Catering, Inc. (KRMC.OB)290. Global Gaming Network Inc. (GBGM)291. Cytosorbents Corporation (CTSO)292. Location Based Technologies, Inc. (LBAS.OB)293. Beneficial Holdings, Inc. (BFHJ.PK)294. PURESPECTRUM, INC (PSRU.PK)295. Immunovative, Inc. (IMUN)296. Marine Drive Mobile Corp. (MDMC)297. Onteco Corp (ONTC)298. Cord Blood America Inc. (CBAI)299. HDS International Corp (HDSI.PK)300. Amerilithium Corp. (AMEL.OB)301. Ingen Technologies, Inc. (IGNT)302. Union Equity (UNQT.PK)303. Omni Ventures, Inc. (OMVE)304. Genta Inc. (GNTA.OB)305. CMG Holdings, Inc. (CMGO)306. Atlas Technology Group, Inc. (ATYG.PK)307. Smokefree Innotec, Inc. (SFIO.PK)308. Brainstorm Cell Therapeutics Inc. (BCLI.OB)309. Solos Endoscopy, Inc. (SNDY)310. Majic Wheels Corp. (MJWL)311. Converted Organics Inc. (COIN)312. Zann Corp. (ZNNC)313. MusclePharm Corp. (MSLP)314. IDO Security Inc. (IDOI)315. Iconic Brands, Inc. (ICNB)316. Speedemissions Inc. (SPMI)317. E-Waste Systems, Inc. (EWSI)318. GREEN TECH SOLUTIONS (GTSO)319. NanoViricides, Inc. (NNVC)320. Sarissa Resources, Inc. (SRSR)321. Hollund Industrial Marine, Inc. (HIMR)322. ALPHA WASTEWATER INC (AWWI)323. WebSafety, Inc. (WBSI)324. Emperial Americas, Inc. (TEXX)325. LITHIUM EXPLORATION (LEXG.OB)326. Sky Power Solutions Corp. (SPOW)327. EL CAPITAN PRECIOUS METALS INC (ECPN)328. Sutimco International (SUTI)329. Nouveau Life Pharmaceuticals, Inc. (NOUV)330. HST Global, Inc. (HSTC)331. Centaurus Diamond Technologies, Inc. (CTDT)332. Options Media Group Holdings, Inc. (OPMG.PK)333. MF Global (MF) (MFGLQ.PK)334. Treaty Energy Corporation (TECO.PK)335. PORTAGE RESOURCES (POTG.PK)336. RightSmile, Inc. (RIGH.PK)337. Viking Systems, Inc. (VKNG)338. Active Health Foods, Inc. (AHFD)339. Lighting Science Group Corporation (LSCG)340. Titan Pharmaceuticals Inc. (TTNP.OB)341. Jammin Java Corp. (JAMN.OB)342. Minera Andes Inc. (MNEAF.OB)343. The Graystone Company, Inc. (GYST)344. Great Wall Builders Ltd. (GWBU)345. Suspect Detection Systems Inc. (SDSS)346. Vidable, Inc. (VIBE)347. CHINA INTEGRATED ENERGY (CBEH.PK)348. First Liberty Power Corp. (FLPC)349. Caduceus Software Systems Corp. (CSOC.OB)350. Cooper Holding Corp. (COHO)351. Cono Italiano, Inc. (CNOZ.OB)352. Virogen Inc (VRNI.PK)353. Elite Pharmaceuticals Inc. (ELTP.OB)354. Valence Technology Inc. (VLNCQ)355. HyperSolar, Inc. (HYSR)356. Thwapr, Inc. (THWI.OB)357. Ants Software (ANTS.PK)358. American Scientific Resources, Inc. (ASFX.OB)359. Dune Energy Inc. (DUNR.OB)360. Aqualiv Technologies, Inc. (AQLV.OB)361. Medinah Minerals Inc. (MDMN)362. Toron, Inc. (TRON)363. A Clean Slate, Inc. (DRWN)364. Grid Petroleum Corp. (GRPR.OB)365. NYXIO TECH CORP (NYXO.PK)366. IntelGenx Technologies Corp. (IGXT.OB)367. Carbon Sciences, Inc. (CABN)368. Baristas Coffee Company Inc. (BCCI.PK)369. RADIENT PHARMACEUTICALS CORP (RXPC.PK)370. Amwest Imaging Incorporated (AMWI.OB)371. Soligenix, Inc. (SNGX.OB)372. Molecular Pharmacology (USA) Ltd. (MLPH)373. Sunvalley Solar, Inc. (SSOL.OB)374. Energy 1 Corp. (EGOC.PK)375. National Automation Services, Inc. (NASV.PK)376. Mustang Alliances (MSTG.OB)377. Bioheart, Inc. (BHRT.OB)378. SINO PAYMENTS, INC. (SNPY.PK)379. RAYSTREAM INC (RAYS.OB)380. XNE, INC (XNEZ.PK)381. Evergreen Energy, Inc. (EVEI.OB)382. Medinah Minerals Inc. (MDMN.PK)383. AL International, Inc. (JCOF.PK)384. CITY CAPITAL CP (CTCC.PK)385. Legends Business Group Inc. (LGBS)386. Medinah Minerals Inc. (MDMN)387. CUBA Beverage Company (CUBV)388. Freedom Energy Holdings (FDMK.PK)389. Gear International Inc. (GEAR.PK)390. Marina Biotech, Inc. (MRNA.PK)391. Itonis Inc. (ITNS.PK)392. Clean Coal Technologies (CCTC.PK)393. Optex Systems Holdings, Inc (OPXS)394. Uranium Hunter Corporation (URHN)395. Mike the Pike Productions, Inc. (MIKP)396. Myriad Interactive Media, Inc. (MYRY)397. Green Energy Renewable Solutions, Inc. (EWRL)398. Delta Oil & Gas Inc. (DLTA)399. Media Sentiment, Inc. (MSEZ.PK)400. Advanced Battery Technologies, (ABAT.PK)401. American Liberty Petroleum (OREO)402. Nephros Inc. (NEPH.OB)403. Rackwise, Inc. (RACK.OB)404. US Energy Initiatives Corporation. (USEI.PK)405. Independence Energy Corp. (IDNGD)406. Bourque Industries, Inc. (BORK.PK)407. Cleantech Transit, Inc. (CLNO)408. Atrinsic, Inc. (ATRNQ)409. IC PLACES, INC. (ICPA)410. Neogenomics Inc. (NGNM))