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  • Stocks to Buy on Monday - Aug 16, 2010 - ETNL, HELI, MON, SSHO,

    Liquid metal uses
    Monday Aug 16, 2010, 09:07 am EST

    Stocks to Watch on Monday 08/16/2010 -  ETNL, HELI, MON, SSHO
     
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    Hot Stocks to Watch Monday 08/16/2010  are
    ETNL- Eternal Image Inc.
    HELI- Heli Electronics Corp.
    MON- Monsanto Company
    SSHO- South Shore Resources Inc.


    ETNL - Eternal Image Inc. (OTC:ETNL)
    Most of the stocks we are going to discuss today except Monsanto Company (MON) are pumped by paid publicity. Eternal Image (ETNL) announced in a PR that it was working diligently to close a non-equity/non-dilutive loan and that they received a Letter of Intent from their funding broker that outlines the final steps required to close a $5 million growth capital loan. It is highly risky to invest in penny stocks such as ETNL. The news may be a truth but in most cases such PR's doesn't really mean anything. they are just a publicity stunts. Be careful if you want to invest in ETNL. A Day-Trade is ok but avoid going longer.
     
    HELI- Heli electronics Corp. (OTC:HELI)
    One more stock that has been popular among the paid digital media for this week. recent Sec Filing by HELI says 'We had revenues of $24,852,753 during the three months ended June 30, 2010 as compared to revenues of $7,617,186 during the three months ended June 30, 2009. The increase is a result of higher market demand for existing customers and the development of ten new customers during the period'. I can't comment more on it other than that it can see a spike early in the morning but has no future; so be cautious.


    MON - Monsanto Company (NYSE:MON)
    Monsanto got a shock this weekend when when a federal judge revoked the government's approval of genetically altered sugar beets until regulators complete a more thorough review of how the scientifically engineered crops affect other food. Additional planting won't be allowed until the U.S. Department of Agriculture submits an environmental impact statement. That sort of extensive examination can take two or three years. On the other side, Citigroup, Inc (NYSE: C) analysts reiterated a “buy” rating on shares of Monsanto Corp (NYSE: MON) with a price target of $62.00 in a research note to investors on Friday.

    SSHO - South Shore Resources Inc. (PINK:SSHO)

    This is the most talked about penny stock for Monday. South Shore Resources Inc. (Pink Sheets: SSHO) announced that it has received a letter of intent (LOI) pursuant to which a private Ontario company headed by Mr. Erich Genseberger will be purchasing an exclusive 20 year license for use of South Shore's intellectual (Hydrogen on Demand) property for $44 million. The current Market value as per Friday's close price is just over $5 million. If the News is true, this is a blockbuster stock. Good luck if you trust this News and want to jump in this stock
    .
     

    God Bless,
    Be Rich.


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