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  • Stocks in Focus on Thursday | Sept 9, 2010 | FUQI | UNDT | GS | UAUA |

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    Thursday Sept 9, 2010, 08:57 am EST
     
    Stocks to Watch on Thursday 09/09/2010 -  FUQI, UNDT, GS, UAUA
     
    Dear Traders,
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    Hot Stocks to Watch Thursday 09/09/2010  are
    FUQI- Fuqi International, Inc.
    UNDT- Universal Detection Technology
    GS- Goldman Sachs Group, Inc.
    UAUA- UAL Corporation


    FUQI - Fuqi International, Inc. (NASDAQ:FUQI)
    Fuqi International Inc. (NASDAQ: FUQI), designer of precious metal jewelry and luxury products in China was notified by the SEC of a formal investigation and received a subpoena from the SEC for certain documents, relating to its failure to timely file required periodic reports, as well as other matters. FUQI shares dropped 17% in after hours. FUQI might be a good buy on Thursday at low due to fear selling.
     
    UNDT-Universal Detection Technology (OTC:UNDT)
    Universal Detection Technology (UNDT), a developer of early-warning monitoring technologies to protect people from bioterrorism and other infectious health threats and provider of counter-terrorism consulting and training services announced that it has received a purchase order for its 5-agent biological detection equipment from Boeing Service Company, a fully owned subsidiary of Boeing Defense. The detection equipment is designed to check for anthrax, ricin, botulinum, Y. Pestis (plague) and SEB's in as little as three minutes. This is a good deal for a small company like UNDT.


    GS - Goldman Sachs Group, Inc. (NYSE:GS)
    Goldman Sachs Group Inc. (GS) will be fined by U.K.'s Financial Services Authority for $31 million as per reports. The FSA earlier opened a probe into Goldman's disclosure practices in April concerning marketing materials for its Abacus collateralized debt obligation securities. Goldman also had to pay a fine of $550 million earlier to SEC.

    UAUA- UAL Corporation (NASDAQ:UAUA)

    UAL Corporation (UAUA) announced that its August traffic increased 2.5% to 11.3 billion revenue passenger miles from 11.03 billion a year ago. A revenue passenger mile is equivalent to one passenger flown one mile. United's August capacity increased 1.7% to 13.03 billion available seat miles from a year ago. UAUA stock has performed extremely well this year gaining almost 300% from its 52-wk low.

     

    God Bless,
    Be Rich.


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