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  • Stocks to Watch Tuesday || 16th March 2010 || GOOG || PSGI || SQNM || AAPL || BIDU || MNKD

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    Tuesday March 16, 2010, 3:59 am EST
    Hot Stocks to Watch For Tuesday 03/16/2010 - GOOG , PSGI, SQNM, BIDU, AAPL

    Hey Friends,

    Hot stocks to watch on Tuesday 03/16/2010  are
    GOOG - Google Inc.
    PSGI - Prime Star Group Inc.
    SQNM - Sequenom Inc.
    BIDU - Baidu Inc.

    GOOG - Months after the first allegations from Google about hacking Google accounts of social activists, Google is almost set to leave China. China is the biggest market of the world for everything based on its size but will that effect Google in the same way? It will be strange for you guys to know that Google is not the biggest player in search engine in China. In fact, it is having just 30 % share in the market. Baidu Inc. which is also known as Chinese Google is the biggest player in China. Baidu is milking the opportunity of conflicts between Google and Chinese government. Baidu is at its all time high. Reason for these stocks to be on our list is to make you guys aware of the situation and suggest you to be cautioned before entering in any of these stocks. Google won't be  much affected from the decision but a 7-10% drop can be seen. Use your own research techniques to take advantage of this scenario.
    News
    Google China Shutdown Almost Certain
    Over the weekend, reports in The Financial Times and The Wall Street Journal said that Google was likely to shut Google.cn down because Chinese authorities would not change their Internet censorship rules and no accommodation between the Google and the Chinese government had been reached.
    Source : InformationWeek

    PSGI - David Maldonado, President of Isla Nena Direct Distributors and Manufacturing stated, "I am proud to announce this relationship. We have long sought the opportunity to locally manufacture and package water and beverages for the Latin American market. PSGI is a small scale company with high ambitions. The present Agreement is a great step forward for the development of the company. This will give a revenue of $2.5 millions per year to the company which itself is enough to take the price higher. Expected doubling of price within a week. Keep an eye on this.

    News
    Prime Star Group's Intela-Pac Signs $2.5M Agreement
    Prime Star Group, Inc. (OTCBB: PSGI) wholly owned subsidiary, Intela-Pac, is pleased to announce that it has entered into an agreement for its proprietary packaging machinery and related equipment. This agreement will provide the Intela-Pac business unit with recurring annual revenue of approximately $2.5M.
    Source : CNNMoney 

    SQNM - Bad News - Expected overselling - expected correction the same day. We will use our most successful strategy for this one. Buy on heavy emotional selling and you will earn on correction. We have already seen some selling in the After hours dragging this puppy down 20%. Our best move will be to wait for the right point tomorrow to jump. This is a golden chance and a profit of 15-20% is easily possible during the correction. A buy below $5.2 will be a good one. If it is below that level from the very beginning of the market, then wait some more time. Good Luck. Do leave comments about your successful trades.
    News
    Sequenom Reports 2009 Fourth Quarter and Full Year Financial Results
    Fourth Quarter Results
    * Total revenue for the fourth quarter of 2009 was $10.8 million, compared with $12.2 million for the fourth quarter of 2008.
    * Net loss for the fourth quarter of 2009 was $18.4 million, or $0.30 per share, compared with $15.4 million, or $0.25 per share, for the fourth quarter of 2008.
    * Net cash used in operating activities was $9.7 million for the fourth quarter of 2009.
    Source : PRnewswire

    Congratulations to all readers for profits in BLAP(80% in a day) and SMLK(50% in a day).
    We are here to make Money and we will succeed.

    God Bless,
    Be Rich.


    Tags: AAPL, GOOG, Google Inc., PSGI, SQNM, Sequenom, Prime star group, stocks to watch tuesday, stocks for Tuesday, 03/16/2010, Blast Applications,  Apple Inc. , iPad pre order, BLAP, Blast Applications, candobetter, candobetter.com, stocks to watch monday, Hot stocks for Monday,  Pharma stocks, Biotech Stocks, Callon Petroleum, ipad

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