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  • Stocks to Watch Tuesday | 03/09/2010 | CPE | HOKU

    Biotech stocks
    Monday March 8, 2010, 9:10 pm EST
    Hot Stocks to Watch For Tuesday 03/09/2010 
    HOKU , CPE 

    Hey Friends,

    Hot stocks to watch on Tuesday 03/09/2010  are
    HOKU - Hoku Scientific Inc.
    CPE - Callon Petroleum Company.


    HOKU - HOKU is a growing company with good technology in Solar cells and Fuel cells. The world is moving towards Solar energy to protect the environment and this industry is going to grow continuously without any doubts. But still, what concerns to us is whats happening tomorrow. HOKU after receiving the second installment of $30 million is expected to rise around 25%. It will continue to rise for a week to give around 40 % profit to traders entering Tuesday morning. Look for more and more news about this one on this website. Good Luck Guys.
    News
    Hoku gets second portion of $50 mln loan from Tianwei
    Hoku Materials Inc, a unit of Hoku Scientific Inc (HOKU.O), said it received the final portion of the $50 million-loan from Tianwei New Energy Holdings Co Ltd, and plans to use the proceeds to continue construction at its Idaho polysilicon plant. Tianwei, a leading provider of silicon wafers, photovoltaic (PV) cells, and modules, which recently became Hoku's majority shareholder, is providing funds towards the completion of construction and development of the plant.
    Source : Reuters 

    CPE - Hey friends, CPE is one of the oldest stock which I had shared with you as a Hot stock. It has gone much below its real value due to recession but now it ll come back by releasing positive data soon. Results for the year 2009 were awesome and so I expect a 30 % gain in this month. Buying at low price tomorrow and selling it after a month will be excellent for traders.
    News
    Callon Petroleum Company Reports Results For Fourth Quarter, Full Year 2009
    Highlights for 2009 Results include:

    Restructured Senior Notes due December 2010 and reduced the principal from $200.0 million to $154.0 million, extended debt maturities of $138.0 million until September 2016.
    Filed for recoupment of deepwater royalty payments and associated interest relating to the deepwater Medusa Field. Received $44.8 million in January 2010 representing the royalty recoupment.
    Initiated a new business strategy to reinvest strong offshore cash flow into lower-risk, longer-life onshore plays.
    Acquired conventional oil assets in the Permian Basin, providing a multi-year inventory of drilling locations in the promising onshore Wolfberry oil play.
    Established an initial position in the Haynesville Shale gas play of northern Louisiana.
    Source : BusinessWire

    We are here to make Money and we will succeed.

    God Bless,
    Be Rich.



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