Stocks on the Move for Monday, May 19, 2008: BCFT - Bancroft Uranium Begins Exploration on Elliott Lake Project!
19 5월 2008 - 10:35PM
Marketwired
ATLANTA, GA , to the investment community! Bancroft Uranium Inc.
is new to Market Pulse and is poised to become a significant player
in the uranium industry! Bancroft Uranium just had excellent news
out in a press release before today's opening bell announcing that
the company has begun the 2008 exploration program on its Elliott
Lake, Ontario uranium prospect! This could be great news for
investors! Other notable stocks that should be closely watched due
to existing fundamental and technical factors affecting each
company include:
Energy Conversion Devices Inc. (NASDAQ: ENER) : Market
Outperform
Sun Microsystems Inc. (NASDAQ: JAVA) : Bearish
Microsoft Corp. (NASDAQ: MSFT) : Market Outperform
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 Friday's Bell Market Commentary
On Friday, the markets closed little changed despite record oil
prices as new home construction posted a surprise gain in April.
Oil prices closed at a record high above $126 on a weakening
dollar. Gold for June delivery climbed to an intraday high of
$904.50. Consumer confidence plunged to a 28-year low. The
Reuters/University of Michigan index of consumer confidence
certainly highlighted the threat to economic growth, dropping to
59.5 in May. Starts on new U.S. homes rose by a surprisingly strong
8.2 percent in April, the biggest monthly increase in more than two
years. The Dow Jones industrial average slipped 5.86 points, or
0.05 percent, to end at 12,986.80. The Nasdaq Composite Index
dropped 4.88 points, or 0.19 percent, to 2,528.85. Standard &
Poor's 500 Index inched up 1.78 points, or 0.13 percent, to
1,425.35. The Russell 2000 lost 2 points to 741.
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