TheSUBWAY.com Inc.: Market Alerts for Tuesday, September 23, 2008: PSTI Technical Signals!
Sep 23, 2008 (M2 PRESSWIRE via COMTEX) --
Companies: Applied Materials, Inc. (AMAT), Cache, Inc. (CACH), Per-Se Technologies, Inc. (PSTI), Pluristem Therapeutics Inc (PSTI), Research in Motion Ltd. (RIMM), Sun Microsystems, Inc. (JAVA), Sun Microsystems, Inc. (JAVAD), Sunpower Corp (SPWR)
TheSUBWAY.com: Names the following stocks to its Stock Alerts List: Pluristem Therapeutics Inc. (Nasdaq: PSTI), Research In Motion (NASDAQ: RIMM), Sun Microsystems, Inc. (NASDAQ:JAVA), Cache Inc. (NASDAQ: CACH), Applied Materials (Nasdaq: AMAT), SunPower Corporation (Nasdaq: SPWR).
Visit TheSUBWAY's Small Cap Investor Forum Here: http://investor-forum.thesubway.com/
Pluristem Therapeutics Inc. (NasdaqCM:PSTI), a bio-therapeutics company dedicated to the commercialization of non-personalized cell therapy products for a variety of degenerative, ischemic and autoimmune indications, today announced it has entered into definitive agreements to sell common stock and warrants for aggregate gross proceeds of $1,035,000. This represents a premium of over 44% to the current market price.
The securities sold in the offering were 900,000 shares of common stock at a price of $1.15 per share and a five-year warrant to purchase 675,000 shares of common stock at an exercise price of $1.90 per share.
Technical analysts believe a narrowing of the Bollinger Bands around a Company's stock price suggests a significant movement will soon occur. With PSTI, the bands could not be any narrower. The last two times they approached this level, the stock saw an upswing of over 216% and 60% in share price.
Other stocks highlighted include:
Research In Motion (NASDAQ: RIMM), down 1% on 3 million shares, Friday announced further details about the BlackBerry Developer Conference, which will take place October 20 - 22, 2008 in Santa Clara, California. The agenda includes an opening keynote address by RIM founder, president and co-CEO Mike Lazaridis, as well as five tracks, over 75 sessions, and the opportunity to hear first-hand about the winners of the BlackBerry Partners Fund(TM) Developer Challenge.
Sun Microsystems, Inc. (NASDAQ:JAVA), up 2% on 1 million shares, yesterday highlighted demand and sales growth in emerging markets around its Solaris(TM) Operating System, Sun SPARC(R) Enterprise server family and joint Oracle deployments, as well as strong momentum showcasing numerous world record benchmarks and new reference configurations for Oracle(R) data warehouses on Sun platforms. More information about Sun's comprehensive line of energy-efficient, high performance systems can be found at http://www.sun.com/servers. More information on Oracle Optimized Reference Configurations for Sun is available at: http://www.sun.com/third-party/global/oracle/bidw/index.jsp.
Cache Inc. (NASDAQ: CACH), down 25% on 1 million shares, a specialty chain of women's apparel stores with 295 stores currently open, today announced that it is revising its third quarter guidance, primarily to reflect a softer than anticipated sales performance in the latter part of the period, as a result of a difficult homecoming dress season prompted by the tough economy. Sales were also negatively impacted by tropical storms that caused temporary store closings in Florida, Texas and Louisiana, where the Company has a significant presence. The Company is also revising its full year fiscal 2008 guidance to reflect its current third quarter outlook and an expectation that the difficult economy will continue to impact the fourth quarter. Cache expects to report full third quarter fiscal 2008 results during the week of October 20, 2008.
Applied Materials (Nasdaq: AMAT), up 2% on 1 million shares, and SunPower Corporation (Nasdaq: SPWR) Friday announced completion of two SunPower solar power systems totaling 2.1 megawatts at Applied Materials' corporate facilities in Sunnyvale, Calif. The systems represent the largest solar power deployment at a corporate facility in the United States.
ABOUT TheSUBWAY.com:
TheSUBWAY.com, a leader in corporate communications and finance, provides all investors with a wide-ranging set of financial tools, including original stock market commentary, stock quotes, interactive charts, portfolio watch, live chat and message boards, etc., plus the latest news, press releases, investment opinions, and research reports for all companies highlighted on the site. For more daily commentary, go to http://www.thesubway.com
TheSubway.com is consistently ranked in the top 4 on the StockPromoters.com "Best performing promoters of all time" list. This is out of over 1,000 promoters and promotional campaigns tracked by StockPromoters.com. Visit http://www.StockPromoters.com for more details.
All material herein was prepared by CRG Partners, Inc. (CRGP) based upon information believed to be reliable. The information contained herein is not guaranteed by CRGP to be accurate, and should not be considered to be all-inclusive. The companies that are discussed in this opinion have not approved the statements made in this opinion. This opinion contains forward-looking statements that involve risks and uncertainties. This material is for informational purposes only and should not be construed as an offer or solicitation of an offer to buy or sell securities. CRGP is not a licensed broker, broker dealer, market maker, investment banker, investment advisor, analyst or underwriter. Please consult a broker before purchasing or selling any securities viewed on http://www.thesubway.com or mentioned herein. CRGP has been compensated forty thousand shares for PSTI. CRGP intends to sell its shares. CRGP and its web site are operated under a license from Capital Research Group, Inc., TheSUBWAY.com Inc. and One Source Solutions Inc. (Licensors) and CRGP is not the agent of any of the Licensors and CRGP is solely responsible for all statements made herein. CRGP's affiliates, officers, directors and employees intend to buy and sell additional shares in any company mentioned herein and may profit in the event those shares rise in value. CRGP will not advise as to when it decides to sell and does not and will not offer any opinion as to when others should sell; each investor must make that decision based on his or her judgment of the market.
CONTACT: Joe Farrar, President, CRG Partners, Inc Tel: +1 973 332 1366 WWW: http://www.TheSUBWAY.com
M2 Communications Ltd disclaims all liability for information provided within M2 PressWIRE. Data supplied by named party/parties. Further information on M2 PressWIRE can be obtained at http://www.presswire.net on the world wide web. Inquiries to info@m2.com.
Copyright (C) 2008 M2. All rights reserved
News Provided by COMTEX
Companies: Applied Materials, Inc. (AMAT), Cache, Inc. (CACH), Per-Se Technologies, Inc. (PSTI), Pluristem Therapeutics Inc (PSTI), Research in Motion Ltd. (RIMM), Sun Microsystems, Inc. (JAVA), Sun Microsystems, Inc. (JAVAD), Sunpower Corp (SPWR)
Related terms: advisor, apparel, broker, california, ceo, communications, conference, corporate, dealer, economy, electricity, energy, exercise, family, finance, florida, investment, investment opinion, java, louisiana, market, nasdaq, operating system, president, products, profit, promoters, research, sales, securities, small cap, solar power, texas, web, women
