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  • Stocks in Focus Friday | 06/11/2010 | TECO | ECDC | HTM | FNSR |

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    Friday June 11th, 2010 at 06:00 am EST

    Hot Stocks for Friday 06/11/2010  
    TECO, ECDC, HTM, FNSR

    Dear Traders,


    Stocks to watch on Friday 06/11/2010  are
    TECO- Treaty Energy Corporation
    ECDC - East Coast Diversified Corporation
    HTM- U.S. Geothermal Inc.
    FNSR- Finisar Corporation


    TECO -  TECO joins the list of Oil producing Energy companies after it started pruducing oil from its first well in Tennessee. Treaty Energy shares soared on Monday on announcement that it started production of oil on its first drilled well. A source of revenue for the company just started. Shares are expected to soar second consecutive day on Friday.
    News
    Treaty Energy Hits Oil on Its First Well on the Tennessee Oil and Gas Leases 
    Treaty Energy Corporation (TECO 0.02, +0.01, +83.33%) , a growth-oriented energy company in the oil and gas industry, today announced that it is now in production of oil in Pickett County, Tennessee, on its first well drilled on a prolific oil field contained by its TN leases
    Source : MarketWatch


    ECDC- Not a great News but good enough to double the stock price of such a small company. keep it in your watch list tomorrow.
    News
    East Coast Diversified Corporation Expands Global Footprint to Vietnam
    East Coast Diversified Corporation (ECDC 0.29, +0.11, +56.76%) announced today the expansion of its global footprint to include Vietnam, as its newly acquired RFID and GPS operation, EarthSearch Communications International, Inc. ("EarthSearch") welcomes SplendID Technology JSC as a new channel partner.
    Source : MarketWatch 

    HTM- A commitment from federal agency is a great News for HTM. Now as U.S. Geothermal has enough funding, growth is the next agenda. I believe this stock should touch $1 soon.
    News
    U.S. Geothermal Inc. Offered Conditional Commitment of $102.2 Million Loan Guarantee for Construction of Neal Hot Springs
    U.S. Geothermal Inc. (NYSE Amex: HTM), a renewable energy development company focused on the production and sale of electricity from geothermal energy, today was offered a conditional commitment for a $102.2-million loan guarantee from the U.S. Department of Energy ("DOE") to construct the planned 22-megawatt-net power plant at Neal Hot Springs in Eastern Oregon.
    Source : Trading Markets 

    FNSR- Finisar will open high Friday as it guided above analyst estimates on Thursday. I am not expecting huge gains here but somewhere from 8-12% is possible.  
    News
    Finisar Guides Above Estimates
    Finisar Corp. (NASDAQ:FNSR) said it expects first quarterrevenue of $190.0 million to $205.0 million. The current consensus estimate is revenue of $186.1 million for the quarter ending July 31, 2010.
    Source : Trading Markets 

    Work smart Today to enjoy your Tomorrow.

    God Bless,
    Be Rich.

     
    Updated Everyday :
    Top   Stocks to Watch Today. Do your own Research on these and find out your pick. Good Luck.


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