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<pubDate>Sat, 21 Nov 2009 03:25:28 EST</pubDate>
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	<guid>http://www.hotstocked.com/article/1755/power3-medical-products-inc-otcbb-pwrm-breaks.html</guid>
	<title>Power3 Medical Products, Inc. (OTCBB: PWRM) Breaks Out</title>
	<link>http://www.hotstocked.com/article/1755/power3-medical-products-inc-otcbb-pwrm-breaks.html</link>
	<description><![CDATA[<img style="float: left;" src="http://www.hotstocked.com/articles-img/small/523829_Power3_Blue_LOGO-ONLY.jpg" border="0" alt="Power3 logo" title="Power3 logo" width="253" height="105" />For the second day in a row the share price of Power3 Medical Products, Inc. (OTCBB: <a href="http://www.hotstocked.com/companies/p/power-3-medical-products-inc-PWRM-balance-sheet-55261.html" title="http://www.hotstocked.com/companies/p/power-3-medical-products-inc-PWRM-balance-sheet-55261.html">PWRM</a>) is soaring up an impressive amount and the strong volume suggests the possibility of sustainable breakout. Tuesday's closing price was followed by a gap, which will either turn out to be a common one (with price drop in the coming week to fill it) or it will become a breakaway gap showing the continuation of existing uptrend.[BANNER]
<p>The larger bets should still fall on the common gap as there was no news to push the price up for a sustained period. Also the price is currently roughly at the level of mid to late 2007, when it couldn't push above $0.16, so there is naturally strong resistance at this level.</p>
<p>Technically there was a breakout, but without supporting news, the follow up move might not occur. Speculating on more material events that could have caused this explosive price movement some people refer to the company's upcoming participation in the BTI Life Sciences 2nd Annual Congress and Expo of Molecular Diagnostics. The scientific meeting will be held in Beijing during November 19-21.</p>
<p>This is a chance for Power3 to demonstrate their disease diagnostic products that are being developed and maybe get some acknowledgement which would eventually lead to easier fund raising.</p>
<p><img src="http://www.hotstocked.com/articles-img/small/PWRM.png" border="0" alt="PWRM.png" title="PWRM.png" /></p>]]></description>
	<pubDate>Wed, 18 Nov 2009 16:23:16 EST</pubDate>
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	<guid>http://www.hotstocked.com/article/1754/-bankrupt-cit-group-inc-pinksheets-citgq.html</guid>
	<title>  Bankrupt CIT Group Inc. (PinkSheets: CITGQ) Confirms 10th Sequential Quarterly Loss</title>
	<link>http://www.hotstocked.com/article/1754/-bankrupt-cit-group-inc-pinksheets-citgq.html</link>
	<description><![CDATA[<img style="float: left;" src="http://www.hotstocked.com/articles-img/small/4cit_logo.jpg" border="0" alt="4cit_logo.jpg" title="4cit_logo.jpg" width="250" height="118" />New York-based bank holding firm, CIT Group Inc. (PinkSheets: CITGQ) said it conceded a 10th successive quarterly loss for the period stretching from July to September as the company failed to withstand the heat generated by the speculation surrounding its plans to file for bankruptcy. In any case the renowned lender to small and medium-sized enterprises proved the assumptions to be true on November 1, when it sensationally gave in to one of the biggest bailout transactions in U.S history after failing to ease its indebtedness.<br /><br />&nbsp; CIT is yet to liven up from the nightmare of the credit crisis which translated to negative inconsistencies between its yielded revenues and costs incurred. By chance it befitted the politics of the Bush administration to advance the company $2.3 billion from the Troubled Asset Relief Program under the guise that it would be in the best interest of the taxpayers. However, the latest bankruptcy scenario will see to it that preferred shareholders such as the U.S government are wiped out. <br /><br />&nbsp; During the third quarter ended September 30, CIT lost $1.07 billion ($2.74 per share), in relation to a smaller loss of $317.3 million ($1.11 per share) accounted for the same quarter a year ago. On the continuing operations front the company registered a loss of $1.03 billion ($2.74 per share), as compared to last year&rsquo;s loss of $301 million ($1.13 per share).[BANNER]<br /><br />&nbsp; Consolidated net revenue was not any better at $534.1 million, a drawback of $32.9 million over last year&rsquo;s net revenue of $567 million. The deficit was partially a result of shockwaves from the $701.8 million that CIT had earmarked for credit losses over the third quarter, vis-a-vis $210.3 million set aside in that respect for the matching period of the previous year.<br /><br />&nbsp; The lender disclosed assets valued at $69.19 billion and liabilities of approximately $64.1 billion. It intends to come forth from bankruptcy protection at the end of December under a pre-packaged restructuring arrangement that would give the unsecured debt holders nothing short of $0.70 on the dollar, as well as new common stock. CITGQ shares on the Pink Sheets closed 0.99 percent down to $0.02 on Tuesday.<br /><br />&nbsp; <strong>Reference:<br /></strong><a href="http://www.cit.com/index.htm">http://www.cit.com/index.htm</a><br /><br />]]></description>
	<pubDate>Wed, 18 Nov 2009 10:25:09 EST</pubDate>
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	<guid>http://www.hotstocked.com/article/1753/vega-promotional-systems-inc-pinksheets-vgpr.html</guid>
	<title>Vega Promotional Systems Inc. (PinkSheets: VGPR) Getting Serious</title>
	<link>http://www.hotstocked.com/article/1753/vega-promotional-systems-inc-pinksheets-vgpr.html</link>
	<description><![CDATA[<img style="float: left;" src="http://www.hotstocked.com/articles-img/small/1057229601.jpg" border="0" alt="Biofuel" title="Biofuel" width="131" height="156" />Vega Promotional Systems Inc. (PinkSheets: <a href="http://www.hotstocked.com/companies/v/vega-promotional-sys-VGPR-92713.html" title="http://www.hotstocked.com/companies/v/vega-promotional-sys-VGPR-92713.html">VGPR</a>) is advancing with their Green Valley project and in turn looking to score some higher share price. On Monday the company announced to have chosen its power generators provider to be "ARE Energy".[BANNER]
<p>Stock price seem to just hit and run on the news, as Mondays advance has corrected on Tuesday. The company has been playing with Green Valley project for nearly three year so minor developments no longer affect the share price for long.</p>
<p>The more interesting development was management's recent decision to move their company up a step and get on the OTCBB. The idea was introduced last Friday. Combined with the company's intentions to build bio-diesel production plant in Georgia, this announcement has clearly added to the overall investors' optimism.</p>
<p>We know the company will be financed by the state of Georgia and get nearly $33 million to build their plant. And with them becoming a reporting entity we will get to see how the money is spent. From what the management is saying, both their projects are rather sound. If we will see numbers in financial reports supporting the possibility of these projects actually being complete it would make the price tenfold of its current value in no time.</p>
<p>However until then we have to take management's words for granted so caution must be applied. Putting the stock on a watchlist is probably the best thing to do right now.</p>]]></description>
	<pubDate>Tue, 17 Nov 2009 16:08:41 EST</pubDate>
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	<guid>http://www.hotstocked.com/article/1752/hard-to-treat-diseases-pinksheets-htds.html</guid>
	<title>Hard To Treat Diseases (PinkSheets: HTDS) - Finally Makes It To Chile</title>
	<link>http://www.hotstocked.com/article/1752/hard-to-treat-diseases-pinksheets-htds.html</link>
	<description><![CDATA[<img style="float: left;" src="http://www.hotstocked.com/articles-img/small/HTDS.jpg" border="0" alt="HTDS.jpg" title="HTDS.jpg" width="171" height="118" />Hard To Treat Diseases (PinkSheets: <a href="http://www.hotstocked.com/companies/h/hard-to-treat-diseases-inc-HTDS-67744.html" title="http://www.hotstocked.com/companies/h/hard-to-treat-diseases-inc-HTDS-67744.html">HTDS</a> or HTDS.PK) share price jumped up upon news announcement published at the end of Monday trading session. The stock has tried to pull 5% another shortly into Tuesday's trading but was stopped by general market weakness, also showing the press release didn't convince investors the company is now good to buy.[BANNER]
<p>HTDS announced their subsidiary, Mellow Hope, has acquired the necessary certificate to start selling swine flu vaccines in Chile. The first shipments are expected to be seen in a time of couple weeks. Management has also stated this is the first H1N1 Influenza A vaccine in Chile to be sold by a foreign company.</p>
<p>For sales in Chile, the certificate guaranties advantage against possible foreign competitors but grants no benefit in competing against domestic companies. The company will still have to overcome the usual market entry barriers and gradually work their way to gaining some share.</p>
<p>Further, we're still waiting for the management to post numbers on initial vaccine order. Promised to be a significant amount it might push the stock somewhat up, but the continuity of significant revenues from this is currently still questionable.</p>
<p>The thing is, the company might be too late to jump the train altogether. Despite Chile considered one of the South American countries most affected by the disease, the pandemic was already partly controlled back in July 2009 when the rate of infections was reported to fall.</p>]]></description>
	<pubDate>Tue, 17 Nov 2009 13:41:56 EST</pubDate>
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	<guid>http://www.hotstocked.com/article/1751/leaner-general-motors-company-pledges-an-early.html</guid>
	<title>Leaner General Motors Company Pledges an Early Payback of Taxpayer Money Despite Q3 Loss</title>
	<link>http://www.hotstocked.com/article/1751/leaner-general-motors-company-pledges-an-early.html</link>
	<description><![CDATA[<img style="float: left;" src="http://www.hotstocked.com/articles-img/small/GM_logo.jpg" border="0" alt="GM_logo.jpg" title="GM_logo.jpg" width="250" height="172" />&nbsp; In its first financial report at the rear of bankruptcy protection released on Monday, General Motors Company said it lost money during the third quarter, but it was not an outright sterile performance for the automaker as it found a reason to pledge a payback of the U.S and Canadian governments&rsquo; loans way before the scheduled time. The company was taking solace from the smaller-than-expected loss and cash flow in the black at $3.3 billion for the period spanning from July 10 to September 30.<br /><br />&nbsp; GM revealed that it lost $1.2 billion from a net loss of $2.5 billion in the third quarter of last year.&nbsp; Quarterly revenues arrived at $28 billion and liquidity balance of $42.6 billion, up from $14 billion recorded for the same quarter in 2008. However, excluding interests, taxes, depreciation, amortization and special items, the carmaker posted a profit of $1.5 billion.<br /><br />&nbsp; For the just-ended quarter the company owes its improved footing to the &ldquo;cash-for-clunkers programme&rdquo; which drove its competitive strength up 0.3 percent to 11.9 percent in the global market. Also taking hold over the three months were the cost cut savings attained through job cuts, plant shut downs and the riddance of loss-making brands to shift focus to major trademarks such as the Chevy, Cadillac, Buick and GMC. Better yet, GM even repealed its previous plans to sell its European operations of Opel and Vauxhall, further ascertaining that things were shaping up for the automaker.<br /><br />&nbsp; Although marred by a loss, it is on account of the reflections of stability in the term that GM has resolved to begin repaying $1.2 billion out of $1.6 billion tapped from the U.S government which owns 61 percent of the company and the Canadian government controlling 11.7 percent stake. Announcing the decision during a conference call, the firm&rsquo;s CEO, Fritz Henderson had this to say: &ldquo;We think it&rsquo;s important to show our commitment to the taxpayers that &ndash; yes, in fact &ndash; we will begin paying back this investment&rdquo;. <br /><br />&nbsp; On the other hand, GM&rsquo;s results sparked intense discontent with some rival political groups who maintained that the loss was evidence that the Obama administration had, in the first place, made a grave bad mistake when it forwarded $50 billion of taxpayer money to the company&rsquo;s downsizing cause. Even the investigative unit of the congress, Government Accountability Office (GAO) had earlier on warned that there were remote chances of GM ever repaying the bailout funds.<br /><br />&nbsp; At the moment GM shares are not publicly traded. However, the company is planning a public offering of shares for early next year.<br /><br />&nbsp; <strong>Reference:<br /></strong><a href="http://www.gm.com/">http://www.gm.com/</a><br /><br />]]></description>
	<pubDate>Tue, 17 Nov 2009 10:39:47 EST</pubDate>
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	<guid>http://www.hotstocked.com/article/1750/winning-brands-corporation-pinksheets-wnbd.html</guid>
	<title>Winning Brands Corporation (PinkSheets: WNBD) Expands Product Availability</title>
	<link>http://www.hotstocked.com/article/1750/winning-brands-corporation-pinksheets-wnbd.html</link>
	<description><![CDATA[<img style="float: left;" src="http://www.hotstocked.com/articles-img/small/winning_logo_3715474.JPG" border="0" alt="winning brands logo" title="winning brands logo" width="183" height="180" />Winning Brands Corporation (PinkSheets: <a href="http://www.hotstocked.com/companies/w/winning-brands-corp-WNBD-balance-sheet-69787.html" title="http://www.hotstocked.com/companies/w/winning-brands-corp-WNBD-balance-sheet-69787.html">WNBD</a> or WNBD.PK) share traders had some fun on Friday, when the company issued more positive news. It would appear the company is gaining some ground with their paint cleaning product, but their ability to earn cash is still questionable. [BANNER]<br /> <br />Friday's trading brought a sudden rise in price after news were issued saying Winning Brands got their Winning Colours Stain Remover product on the shelves of another 150 retail shops in Canada.
<p>The product still has to gain popularity amongst consumers, but calculations provided by CEO look ambitious. If the product is sold at all 4,000 stores (which already have the product at shelves) at a rate of 1 bottle per day, that would bring in $6 million per quarter. Of course, this "modest" calculation is already too optimistic, but it shows the potential.</p>
<p>Still, without actual sales, the CEO can talk all he wants but this won't interest investors. This stock is currently a gamble. The product might be worth something, but overwhelmed by cheaper competitors solution and the company will have to invest in marketing before thinking about serious sales.</p>
<p>Since there's limited data on their financials (being on pinksheets and all), we cannot expect them to have a hundred million worth bank account. In other words till we see sheets of numbers supporting the company's business model, the stock isn't going to blossom.</p>]]></description>
	<pubDate>Mon, 16 Nov 2009 12:44:54 EST</pubDate>
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	<guid>http://www.hotstocked.com/article/1749/light-comes-into-sight-at-the-end-of-march-2010.html</guid>
	<title>Light Comes Into Sight at the End of March, 2010 as Court Approves Financing for Visteon Corporation (PinkSheets: VSTNQ)</title>
	<link>http://www.hotstocked.com/article/1749/light-comes-into-sight-at-the-end-of-march-2010.html</link>
	<description><![CDATA[<img style="float: left;" src="http://www.hotstocked.com/articles-img/small/5vstn_logo.jpg" border="0" alt="5vstn_logo.jpg" title="5vstn_logo.jpg" width="201" height="135" />Cash-strapped automotive parts supplier, Visteon Corporation (<a href="http://www.hotstocked.com/companies/v/visteon-corporation-VSTNQ-92859.html">PinkSheets: VSTNQ</a>) moved up a tad on the stock market on Friday in rhythm with the bankruptcy court ruling that gave the company access to $150 million worth of debtor-in-possession (DIP) financing to fund ongoing operations while streamlining under Chapter 11.&nbsp; This marks the first time in post-bankruptcy submission that Visteon has called for additional liquidity. Hitherto, the firm has helped itself on cash held as collateral for its indebtedness.<br /><br />&nbsp; Without the facility Visteon ran the risk of falling short on the least possible amount required to keep the business in operation by March, next year. Going by the statement filed with the bankruptcy court last week, the company&rsquo;s executives and analysts agreed that the parts maker&rsquo;s backlog would put pressure on its cash on hand, unless if additional financial backing was made available. But before the court prevailed, the committee of unsecured creditors proved to be the last hurdle, arguing that there was no need to secure emergency funds. <br /><br />&nbsp; Under the terms of the transaction which must eventually see Visteon withdrawing $75 million when the deal is sealed, with the remainder set to be drawn at the company&rsquo;s discretion, it is required to relocate its Michigan and Mexico businesses to other suppliers in return of $31 million from Chrysler. The court also okayed a similar deal between Visteon and the North American operations of Nissan Motor Company Ltd. (<a href="http://www.hotstocked.com/companies/n/nissan-motors-inc-NSANY-54766.html">PinkSheets: NSANY</a>), with a potential of more than $30 million for the auto parts company.[BANNER]<br /><br />&nbsp; In September, the manufacturer of auto systems and components reached yet another comparable arrangement with GM in line with its plans to resurface from the bankruptcy protection in which it had entered in May with about $4.6 billion of assets against a debt of $5.3 billion. It relinquished its contracts for fuel tanks as well as lighting and climate control systems while it got $22 million from the carmaker.<br /><br />&nbsp; Visteon recently reported a third quarter net loss of $38 million ($0.29 per share), on consolidated revenues of $1.73 billion. The results compares to a net loss of $188 million ($1.45 per share) and revenues of $2.12 billion for the same period a year earlier. The net loss improvement reflected cost saving benefits as the rest of the industry continues to strive under severe conditions. VSTNQ shares closed 2.24 percent higher to $0.07 in the last trading session.<br /><img style="vertical-align: middle;" src="http://www.hotstocked.com/articles-img/small/vstnq_chart.jpg" border="0" alt="vstnq_chart.jpg" title="vstnq_chart.jpg" width="573" height="332" /><br />&nbsp; <strong>Reference:<br /></strong><a href="http://www.visteon.com/index.html">http://www.visteon.com/index.html</a><br />&nbsp; <br /><br />]]></description>
	<pubDate>Mon, 16 Nov 2009 11:25:12 EST</pubDate>
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	<guid>http://www.hotstocked.com/article/1748/.html</guid>
	<title>Eco2 Plastics, Inc. (OTCBB: EOPI) Gets Acknowledged</title>
	<link>http://www.hotstocked.com/article/1748/.html</link>
	<description><![CDATA[<img style="float: left;" src="http://www.hotstocked.com/articles-img/small/idenecolog_14.jpg" border="0" alt="ECO2 logo" title="ECO2 logo" width="224" height="105" />One of the latest news feed on Eco2 Plastics, Inc. (OTCBB: <a href="http://www.hotstocked.com/companies/e/eco2-plastics-EOPI-92855.html" title="http://www.hotstocked.com/companies/e/eco2-plastics-EOPI-92855.html">EOPI</a>) showed the company has quite some potential. With their waterless plastics recycling process admitted to be one of the best developments of the kind, the company's future already seems brighter.[BANNER]
<p>The Popular Science magazine has added Eco2's technology to the list of the year's top 100 innovations. That was more than enough to push up their stock price which has already been trying to break up.</p>
<p>Their stock soared on Friday and many investors are likely to pay more attention to the company in the future. This acknowledgement also might open Eco2 a way to receive so needed funding from sources like private capital, that were previously unavailable.</p>
<p>The lack of funding and the need for a new plant are the most troubling aspects of Eco2. The company expects to get operational in the second quarter of 2010, when they build a new plant that's able of faster and larger capacity recycling.</p>
<p>With only acknowledgement they won't be able to make a fortune, but the company is likely to receive some financial support from the side or even merger/acquisition offers. But those are just speculation at the moment, though the stock price is likely to appreciate quite a bit, which was already seen during Friday's trading.</p>]]></description>
	<pubDate>Mon, 16 Nov 2009 11:19:27 EST</pubDate>
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	<guid>http://www.hotstocked.com/article/1747/oceanfreight-inc-nasdaq-ocnf-swinging-after.html</guid>
	<title>OceanFreight Inc. (NASDAQ: OCNF) Swinging After Quarterly Report</title>
	<link>http://www.hotstocked.com/article/1747/oceanfreight-inc-nasdaq-ocnf-swinging-after.html</link>
	<description><![CDATA[<img style="float: left;" src="http://www.hotstocked.com/articles-img/small/oceanfreight_logo.jpg" border="0" alt="oceanfreight_logo.jpg" title="oceanfreight_logo.jpg" width="230" height="65" />Strong volume and quite a bit of price movement followed the OceanFreight Inc. (NASDAQ: <a href="http://www.hotstocked.com/companies/o/ocean-freight-OCNF-balance-sheet-70437.html" title="http://www.hotstocked.com/companies/o/ocean-freight-OCNF-balance-sheet-70437.html">OCNF</a>) third quarter financial report Wednesday. The stock price was shaky on Thursday, but there is still place for appreciation.[BANNER]
<p>First of all, let's see what the fundamentals have to tell. The reported $13.3 million loss was caused by one time items (charges related to the sale of M/V Richmon dry bulk carrier and interest rate swaps) without which the company would have seen a net income of $9.5 million or 11 cents per share. That was slightly above the year ago result of $8.9 million so we can see at least mild improvement.</p>
<p>The downside is that the company still lost money and it will affect their working capital. The gain, excluding special items, wasn't much larger than a year ago and stock price move on announcement reacted to the fact it has beaten analyst estimates.</p>
<p>But even with downsides, the company is not in bad position capital vise and so their stock might be considered under priced at the moment. The short term uptrend is already forming and currently there are no strong reversal signals in place. Even though this stock isn't likely to become an explosive gainer, we must consider OceanFreight has some future prospects.</p>
<p>The company's CEO has stated in the press release: "we have secured gross revenues of $115 million until the end of 2010 with 92% fleet charter coverage for the remainder of 2009 and 72% for 2010." This alone shows they're definitely not going out of business and even have assured revenue for over a year.  Moreover their current P/S ration is already lower than industry's average, which suggests stock price growth should follow.</p>]]></description>
	<pubDate>Thu, 12 Nov 2009 18:31:20 EST</pubDate>
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	<guid>http://www.hotstocked.com/article/1746/q-cells-pinksheets-qclsy-in-the-red-amid-a.html</guid>
	<title>Q-Cells (PinkSheets: QCLSY) In the Red amid A Bitter Wrangle with Wafer Supplier, LDK Solar (NYSE: LDK)</title>
	<link>http://www.hotstocked.com/article/1746/q-cells-pinksheets-qclsy-in-the-red-amid-a.html</link>
	<description><![CDATA[<img style="float: left;" src="http://www.hotstocked.com/articles-img/small/qclsy_logo.jpg" border="0" alt="qclsy_logo.jpg" title="qclsy_logo.jpg" width="250" height="282" />Q-Cells (PinkSheets: QCLSY) announced on Thursday that it has reached a decision to trim back its production lines including laying off 20 percent of its manpower as it battles to tint traces of red ink from its recent third quarter results. The third loss in a row, setting its total deficit at $1.4 billion so far this year, has come at a time when the Germany solar cell manufacturer is engaged in a bitter row with a Chinese wafer manufacturer, LDK Solar Company, Ltd. (<a href="http://www.hotstocked.com/companies/l/ldk-solar-co-ltd-LDK-92790.html">NYSE: LDK</a>), involving a 2007 supply contract.<br /><br />&nbsp; Pinning the blame on reorganization expenses, unyielding competition from Asian counterparts and far-reaching price slump in the global solar cells market, Q-Cells said it made a net loss of $382.6 million on consolidated revenues of $273.8 for the third quarter. While sales sank from $522.4 million of the matching period in 2008, the company swayed from net earnings of $110 million in the same period a year ago. Analysts had calculated a lower loss of $217 million and revenues of $284 million.<br /><br />&nbsp; During the period spanning from July to September Q-Cells burned up $243.6 million in a restructuring programme dubbed &lsquo;Q-Cells reloaded&rsquo;, introduced in August. The programme comprises a number of approaches designed to eventually see a reduction of costs as well as enhanced performance at the company. Despite the evidence of amplified expenses on a short term level, the company reckons that its reorganization measures will start to take effect next year, setting it on a recovery path.<br /><br />&nbsp; In other news, Q-Cells is reportedly alleging that LDK Solar has failed to meet the obligations of a supply contract the two signed in 2007, and is therefore expecting to withdraw a $244.5 million prepayment it had made. However, LDK has since sought legal jurisdiction to freeze the funds that are deposited in a German bank, claiming that it had put the deliveries on hold acting on the request of Q-Cells as it wanted to renegotiate the transaction, having taken note of the fact that wafer prices had been higher at the time of the requisition. <br /><br />&nbsp; <strong>Reference:<br /></strong><a href="http://www.q-cells.com/en/index.html">http://www.q-cells.com/en/index.html</a><br />]]></description>
	<pubDate>Thu, 12 Nov 2009 10:47:07 EST</pubDate>
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