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  • Stocks to Watch on Wednesday - Aug 11, 2010 - YRCW, ABK, CABN, APTD, LQMT

    Ambac inc official LOGO
    Wednesday Aug 11, 2010, 09:05 am EST

    Hot Stocks to Watch on Wednesday 08/11/2010 -  YRCW, ABK, CABN, APTD, LQMT

    Dear Traders,

    Hot Stocks to Watch Wednesday 08/11/2010  are
    YRCW- YRC Worldwide Inc.
    ABK- Ambac Financial Group, Inc.
    CABN- Carbon Sciences, Inc.
    APTD - AlphaTrade.com (USA)
    LQMT- Liquidmetal Technologies, Inc.



    YRCW - YRC Worldwide Inc. (NASDAQ:YRCW)
    YRC Worldwide Inc. (NASDAQ:YRCW) closed at $0.32 on Tuesday with a 5% loss. Earlier the company had announced a net loss much less than expected for 2nd quarter. I am specially watching this stock since long. This is a huge multinational company but the stock is being treated like a penny stock. As I said earlier, it is a 'High risk High reward' stock and I will keep it in the Hot-stocks list for some more time.

    ABK- Ambac Financial Group, Inc. (NYSE:ABK)
    Ambac Financial Group Inc (ABK) announced that it lost $57.6 million in the second quarter, suffering big losses on securities. The company also restated that it has limited cash and in the situation if it is not able to raise enough capital, it may have to file for bankruptcy. Ambac said it is looking at raising capital and also restructuring its debt through a prepackaged bankruptcy. Shares of the Bond insurer dropped 22% on Tuesday.


    CABN - Carbon Sciences, Inc. (OTC:CABN)
    Carbon Sciences(CABN) is the developer of a breakthrough technology to transform greenhouse gases into gasoline and other portable fuels. On Tuesday, they announced the successful synthesis of a proprietary raw catalyst, an essential step toward demonstrating commercial feasibility of the technology. Carbon Sciences estimates that they can produce 138 billion gallons of gasoline a year (the annual amount used in the U.S.) with 23 trillion cubic feet of natural gas and 586 million tons of CO2 without using crude oil or competing with current natural gas consumption. If this thing is true, the stock is really selling cheap at this price.

    APTD - AlphaTrade.com (USA) (OTC:APTD)
    Alphatrade.com (APTD) has been in the talks for a while. The only reason for this is paid publicity. You might come across some of the websites that force you to sign up to their newsletter and send you tonnes of emails for such companies. APTD is being promoted by various websites and so the stock is getting pumped. Take advantage of the pumping but sell it before it is too late.

    LQMT - Liquidmetal Technologies, Inc. (PINK:LQMT)

    As we said on Tuesday, Liquidmetal Technologies Inc. (LQMT), a California-based company that holds patents on new metal and alloy designs, has signed a deal with Apple Inc. (NASDAQ:AAPL) for access to its complete intellectual properties. The stock price for the company has almost tripled in 2 trading days. This stock seems risky from now north
    .





    God Bless,
    Be Rich.


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