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  • Stocks to Watch Today | ALTI | YRCW | AMZN | BKS | MINE |

    Hot stocks
    Monay June 28th, 2010, 4:21 am EST

    Hot Stocks to Watch  Monday 06/28/2010 -  ALTI, YRCW, AMZN, BKS, AAPL

    Dear Traders,

    Hot stocks to watch on Monday 06/28/2010  are
    AMZN - Amazon.com, Inc.
    BKS - Barnes & Noble, Inc.
    MINE - Minerco Resources Inc.
    YRCW - YRC Worldwide Inc.
    ALTI - Altair Nanotechnologies, Inc.

    AMZN - Amazon.com Inc.
    BKS - Barnes & Noble Inc.
    Amazon.com, Inc. (NASDAQ: AMZN)  announced a new update to Kindle for iPad and Kindle for iPhone and iPod touch, which allows readers to enjoy the benefits of embedded video and audio clips in Kindle books. Amazon's Kindle app is in a way dangerous for its own Kindle e-reader. But Amazon is aware of the fact that kindle may not survive long against iPad and so its wise to launch an app compatible for Apple devices and earn at least by selling e-books. Amazon's Kindle is struggling for growth after iPad's Launch. Amazon also lowered Kindle's price by $70 to $189 following Barnes & Noble which lowered the price of its 3G compatible "Nook" to $199. Both were priced at $259 earlier. Book Reader devices are facing high competition form iPad which has multiple functions and can also be used as e-book reader. So far Amazon ost around 8% and Barnes and Noble(BKS) lost around 25% of sock value in the last 3 months after the Launch of iPad.

    MINE - Minerco Resources Inc.
    Minerco Resources Inc.(MINE) on Sunday announced that it has entered into a definitive agreement for the 100% acquisition of a 6 megawatt Hydro-Electric Project known as Chiligatoro Hydro-Electric in Honduras in Central America from ROTA Inversiones of Honduras. ROTA will receive 18 million restricted shares of MINED in three installments . Minerco will provide funding for the construction and development of the Project and will retain the project for the lifetime.

    YRCW - YRC Worldwide Inc.
    YRC Worldwide Inc. (Nasdaq: YRCW) announced the agreement to sell a portion of its YRC Logistics business to Austin Ventures, a strategic private equity investor. This logistics business will operate as a private company owned by Austin Ventures. This transaction will enable YRC Worldwide to focus on their core transportation capabilities while continuing to offer full global logistics solutions for our customers through a strong business relationship with the new company. It is notable to add that YRC Worldwide with 52-week highof $6.18 is struggling to stay in business. The stock price has fallen to 18 cents a share at around 96% drop from its year high of $6.18.The Stock is expected to rebound Monday on strong Volumes.

    ALTI - Altair Nanotechnologies Inc.
    Altair Nanotechnologies, Inc. (ALTI) have been granted a patent in the U.S. for the "Method of Producing Mixed Metal Oxides and Metal Oxide Compounds." This patent protects the unique nanotechnology manufacturing process for battery anodes and cathodes in lithium-ion batteries utilizing a wider range of metal oxides.President Terry of Altair believes that this patent  will enhances their intellectual property portfolio and further establishes an important competitive advantage for Altairnano. In a separate announcement the company disclosed long term order from Proterra Inc. to supply advanced lithium-ion battery modules for incorporation into Proterra's all-electric and hybrid-electric buses. Altairnano's technology enables these buses to completely recharge in under 10 minutes, providing high levels of uptime and efficiency. The initial purchase order of $4.6 million is for delivery of modules through June 2011. These announcements reflect the current strength and future growth opportunities of the company. A huge gain is expected in Altair stock on Monday.

    Work Smart today to secure your Tomorrow.

    God Bless.
    Be Rich.

    Most Popular Stocks for Monday
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    BioSante Pharmaceuticals, Inc. (BPAX)
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    Hoku Corporation (HOKU)
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    Freddie Mac (FRE)
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