Market Pulse Announces Its AM Stock Picks for Wednesday, March 3, 2010: SEED, EBIG, QCOR, NTRI
02 Marzo 2010 - 11:45PM
Market Pulse is pleased to announce the following stock picks.
Bernard Schmitt of Market Pulse states, "These particular
stocks should be closely watched due to existing fundamental and
technical factors affecting each company." Bernard possesses
many years of experience in the financial industry, evaluating
and picking stocks. He rates them as follows:
Origin Agritech Limited (Nasdaq:SEED) : Market
Outperform
EastBridge Investment Group Corp. (OTCBB:EBIG) :
Attractive
Questcor Pharmaceuticals Inc. (Nasdaq:QCOR) : Market
Outperform
NutriSystem Inc. (Nasdaq:NTRI) : Bearish
Stock Pick Meanings
These stock picks are the investment opinions of MP's
editor and reflect MP's belief regarding the potential price
movement over the next one to four weeks of trading of each of the
stocks presented. This analysis is done from a technical and
fundamental perspective.
After Tuesday's Bell Market Commentary
According to Bernard Schmitt, "On Tuesday, despite corporate
consolidations, the markets retreated from earlier gains to close
barely above the flatline. The markets had got a lift from upbeat
economic reports abroad. The Greek government is scheduled to
detail deeper spending cuts amid growing hopes European leaders
will come up with a bailout. Investors are remaining cautious. Bond
prices were little changed. The dollar mostly fell against other
major currencies, meanwhile gold rose. Crude oil rose 98 cents to
$79.68 per barrel. The Dow rose 2.19 or less than 0.1 percent to
10,405.98. The NASDAQ rose 7.22 or 0.3 percent to 2,280.79. The
Standard & Poor's 500 index rose 2.60 or 0.2 percent to
1,118.31. The Russell 2000 index rose 5.66 or 0.9 percent to
648.31."
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Information contained herein is the opinion of MP and is
intended to be used strictly for informational purposes. You should
be aware that MP attempts to assure itself of the accuracy of the
information contained in the analyses it publishes. In this regard,
MP does, at times, rely on the accuracy of information supplied to
it by the companies which are the subject of MP's analyses and/or
parties related to those companies. MP also relies on the accuracy
and integrity of information that is contained in company press
releases and reports filed with the SEC. The companies mentioned in
this publication have not approved the content or timing of the
information being published unless otherwise noted.
MP, because it relies on information supplied by various third
parties, disclaims any responsibility for the accuracy of such
information. Any investor considering making an investment in any
security which has been the subject of a MP analysis or opinion
should, before making any such investment, consult with his/her
market professional and/or do his/her own independent research
regarding the company which is the subject of an MP opinion,
recommendation or analysis. Information regarding companies which
MP has opined upon is normally available from many sources
including the subject company's filings with the SEC and various
press releases issued by the company.
You should be aware that MP is often compensated for issuing
analyses, recommendations or opinions concerning particular
companies. Its opinion is therefore not unbiased and you should
consider this factor when evaluating MP's statements regarding a
company. MP has been compensated six hundred thousand restricted
shares of EastBridge Investment Group Corporation by the company.
In addition, MP has pending one million two hundred thousand
restricted shares of EastBridge Investment Group Corporation by the
company. Additionally, MP bought for its own account in the open
market, one hundred ninety thousand shares of EastBridge Investment
Group Corporation's shares for a total purchase price of sixteen
thousand twenty nine dollars. To date, MP has not sold any of these
shares. MP's officers and directors reserve the right to buy
additional shares of the companies discussed in this opinion
and may profit in the event those shares rise in value. When MP
receives shares as compensation for a profiled company, MP
may sell part or all of any such shares during the period in
which MP is performing such services.
CONTACT: Market Pulse
Bernard Schmitt
800.290.8935
info@market-pulse.com
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