Pre- Open Stock Watch ( LVLT ) Tops Watch ( LMCO ) ( NLTX ) More…
momentumtraders Newsletter
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FEBRUARY 28, 2011 ~~~~~~~~~~~~~~~~~~~~~~~~~~
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PRE-OPEN STOCK WATCH *************
S&P futures vs fair value: +5.70. Nasdaq futures vs fair value: +10.20. Stock futures point to a solid start to trading for this week. The bid comes as oil prices succumb to some modest selling pressure — oil prices were last quoted with a 0.5% loss at $97.40 per barrel after they had been above $99 per barrel in overnight trade.
Overseas markets are mostly higher…
MEMBER MAIL WATCH – CPST – We had several alerts from CPST back in early December 2010 and into January…
First alerts were in the $0.75 range and CPST now in the $1.50 range….
LVLT – We continue to see alot of positive feedback from our rumors alerts on LVLT and hold it near top of the watch list….
DPTR – On Jan 13th we had a big activity watch alert on DPTR in the $0.80 range and it is currently moving abouve $1.00… Expect DPTR to be very active today ! *************
LMCO – Popular Company Spotlight from last year is gaining Market Acceptance and is added to the Watch List…
LMCO – CURRENTLY @ $1.04 LATEST NEWS CHARLOTTE, NC–(Marketwire – 02/24/11) – The infrastructure for electric vehicles gained momentum this week as North Carolina-based Li-ion Motors (OTC.BB:LMCO – News ) joined with the Ritz-Carlton, Charlotte for the announcement of the luxury hotel`s installation of a dual port charging station for its guests driving EVs and plug-in hybrids.
Featured at the unveiling were Li-ion Motors` Inizio, the world`s first true all-electric supercar that embodies the raw power and art of the automobile, and the Progressive Insurance Automotive X Prize winning Wave II, which exemplifies functional practicality with its 28 cubic feet of storage space and more than 187 MGPe (miles per gallon equivalent). Also on hand was one of the company`s popular conversion vehicles, an all-electric Mini Cooper convertible.
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NLTX – BREAKOUT WATCH ALERT NLTX – BREAKING $0.70 PRE-OPEN SAN MATEO, Calif., Feb. 28, 2011 /PRNewswire/ — Nile Therapeutics, Inc. (Nasdaq:NLTX – News ), a company focused on the development of novel therapeutics for heart failure patients, today announced plans to collaborate with Medtronic, Inc. (NYSE:MDT – News ) on the clinical development of Nile`s proprietary natriuretic peptide, cenderitide (formerly CD-NP), for heart failure and renal disease applications.
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LVLT – UNUSUAL ACTIVITY WATCH LVLT – CURRENTLY $1.45 LONDON–(BUSINESS WIRE)– Level 3 Communications, Inc. (NASDAQ:LVLT – News ) today announced a strategic long-term agreement with leading Middle East telecommunications operator Saudi Telecom (STC) to enable international IP and content distribution services in Saudi Arabia and across the Middle East.
The agreement leverages the respective strengths of each company to provide significantly enhanced connectivity and breadth of services to customers connecting to the Middle East. Both US and European CDN customers will have access to a new broadband market in the Middle East and content customers in the Middle East will have the ability to distribute their content across both STC`s and Level 3`s international networks.
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