Stocks to Watch for Tuesday, July 15, 2008: PRRY - Planet Resource Recovery Provides Positive Additional Information on Oil Well
15 Juillet 2008 - 3:00PM
Marketwired
ATLANTA, GA , to the investment community! Planet Resource
Recovery, Inc. is new to Market Pulse and is poised to become a
significant player in the petrochemical/oil services industry!
Planet Resource Recovery just had excellent news out in a press
release before today's opening bell announcing treatments with
PetroLuxus(TM) on a series of wells in central Texas continue to
provide positive results after four months! This could be great
news for investors! Other notable stocks that should be closely
watched due to existing fundamental and technical factors affecting
each company include:
Level 3 Communications Inc. (NASDAQ: LVLT): Market
Outperform
Universal Energy Corp. (OTCBB: UVSE): Attractive
Amazon.com Inc. (NASDAQ: AMZN): Bearish
Stock Pick Meanings
These stock picks are the investment opinions of MP's editor and
reflect MP's belief regarding the potential price movement over the
next one to four weeks of trading of each of the stocks presented.
This analysis is done from a technical and fundamental
perspective.
After Monday's Bell Market Commentary
On Monday, the rumors and sell-off of regional banks are the
latest unease investors have about where financial troubles might
appear. There are as many as 150 out of the 7,500 banks nationwide
that could fail over the next 12 to 18 months. Bond prices jumped.
The dollar was mixed against other major currencies. Gold prices
jumped. Light, sweet crude settled up 10 cents at $145.18 a barrel.
Despite assurances that the government will stabilize Fannie Mae
and Freddie Mac, fears of further bank failures sent the markets
tumbling to a close. The Dow Jones industrial average fell 45.35,
or 0.41 percent, to 11,055.19. The Nasdaq composite index fell
26.21, or 1.17 percent, to 2,212.87. The Standard & Poor's 500
index fell 11.19, or 0.90 percent, to 1,228.30. The Russell 2000
index fell 10.45, or 1.55 percent, to 664.50.
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stock, available for public trading as follows: Planet Resource
Recovery, Inc. compensation from a third party shareholder: three
hundred thousand free trading shares of stock in Planet Resource
Recovery, Inc., already received from a third party shareholder. In
addition, MP has pending one hundred thousand free trading shares
of stock in Planet Resource Recovery, Inc. from a third party
shareholder. To date, MP has sold two hundred thousand shares of
stock in Planet Resource Recovery, Inc. for proceeds totaling forty
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