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REED, COT, CELH and DPS - The downfall of a cult favourite.

The downfall of a cult favourite. Market update on the beverage industry. Jones Soda, the maker of cult-favourite soft drinks with flavours ranging from Fun, Chocolate Fudge to Mashed Potato, has entered into a Letter of Intent with its rival, Reed’s, to be acquired for a deal worth approximately $10 million. The arrangement is being recognized as a severely discounted deal. Jones shareholders will receive 4.5 million shares of Reed’s common stock and cash of 0.10 per share, worth about $2.6 million. Around for 22 years, Jones Soda was profitable for most of its history. By 2007 Jones was struggling due to its failed expansion efforts which came around the time as the economy...
Mar
11
2010
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A shopping giant is bouncing back

A shopping giant is bouncing back; market update on the retail sector including Neiman Marcus, Ann Taylor Stores Corporation, Bebe Stores Inc. and The Talbots Inc. Neiman Marcus has posted their fiscal second quarter earnings and confirmed that luxury shoppers are returning to their favourite past time. Neiman Marcus has turned a profit on lower expenses and higher holiday sales. Slowly but surely Neiman Marcus’ approach is working. Customers are responding to promotions, such as limited midday Internet shopping events, in-store designer visits and a daily iPhone app deal. Burt Tansky, President and CEO of Neiman Marcus, stated that the chains approach has shifted from a defensive...
Mar
10
2010
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An Apple a day; reporting on today’s developments in the Technology Sector

What a difference a year makes.  It was a year ago today on March 9, 2009, that shares of Apple hit its 52 week-low of 82.57 to hit the new 52 week high today of 224.80.  During the Academy Awards this past Sunday, Apple Inc. launched its commercial of the iPad tablet. It is being reported that the new iPad tablet from Apple will be available on April 3rd and pre-orders start March 12, 2010. We are on the ball with this new gadget from Apple as we ourselves will be giving away 5 Apple iPad’s to our lucky members. All the information is available on our website. Apple Inc. (NASDAQ: AAPL) has been busy breaking its record. Apple hit a 52 week high last week of 219.70, to hit a new hi...
Mar
10
2010
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The internet is going crazy over IDCN, the stock is set to soar!

IDCN was trading last week @ 0.0009 and closed this past Friday @ 0.0017. IDCN trades on average 100,647,100 shares and this past week traffic hit 587,964,000. The internet is going crazy over IDCN. Websites like Pennystockchaser, Pennyroach.com and groups like Stock Charter are all buying the heck out of IDCN. We figure where there is smoke there’s fire and if our members can make a quick buck we will piggyback the IDCN rally. The company put out two PR’s last week. Volume and steady news flow can move this sub penny pick to 0.01. If our members get in now we are looking at gains of 488%. Members should read the latest PR’s from the company. IDCN updated sharehold...
Mar
08
2010
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IKTO is going into high gear, expect heavy trading today

  IKTO is up 12% on its 50 day moving average.  These are strong gains for IKTO and it’s a good set  up to move even more from here.  Once it gets past the 0.62 high it is set to reach $1.50 and we expect the story on IKTO to get even better. IKTO surpassed yesterday’s high to hit 0.565 today, closing the day up 5.77% @ 0.55.  The volume is building and with the 12% gains over its 50 day moving average IKTO is well positioned to move up the ladder.  The float is small on this one making it for a steady climb on the charts with no erratic movement, which means IKTO is trading on a strong foundation.  The fundamentals are good here and we will be looking for IKTO to turn into ...
Mar
03
2010
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BT acquired Ribbit for $105 million, is IKTO next?? One thing is for sure it will come with a heavier price tag.

This makes IKTO a perfect contender and it will come out a leader in its industry. The DD on IKTO is mind blowing. The company has been listed with the S&P and all its company information is made available through Standard & Poor’s Market Access Program. The S&P’s Market Access Program is a distribution service to investors of Standard & Poor’s Advisor Insight. The Standard & Poor’s Advisor Insight is an Internet-based research engine used by more than 100,000 investment advisors. This type of exposure is huge for IKTO. As the telephony communication sector grows more and more investors will be swallowing up companies like IKTO. The current levels are t...
Mar
02
2010
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PTM reports on Japan Airlines and provides market update on US carriers

The Manila Bulletin reported that Japan Airlines has posted a net loss of $2 billion in the nine months to December.  Last month Japan Airlines filed for bankruptcy protection with total debt of 26 billion dollars.  Japan Airlines reported an operating loss of 120.8 billion yen on sales revenue of 1.14 trillion yen, down 27% from the same time last year.  Japan Airlines issued an apology to its shareholders, creditors and the public about its failure and short comings but offered no outlook for the future as its future plans have yet to be finalized. Shares of Japan Airlines were delisted from the Tokyo Stock Exchange on February 19, 2010.  The article written in The Manila Bulletin ...
Mar
02
2010
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Right now is the best time to load up on IKTO, after this week the current highs could become the new lows

The chart on IKTO looks like the calm before the storm. The buzz has been circulating and the current average volume of 44,900 could soon be reaching millions. These trading levels will not last and we will be looking to pick up some IKTO at the current price. The upside on IKTO is huge. This stock is set to explode and our alerts are just going to add fuel to the fire. IKTO has been steady on the charts and the current mark is a cheap entry point for anyone looking to pick up some stock. IKTO has been undervalued and undiscovered but all the alerts are out and you need to put IKTO on your watch. IKTO can reach 1.50 and members who get in now will be 200% ahead of the game. ...
Mar
01
2010
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Pfizer in the news; also reporting on Johnson & Johnson, GlaxoSmithKline, Bayer AG and Bristol Myers Squibb

An article written by the Associated Press confirms that Pfizer has been granted approval by the Food and Drug Administration to update the version of its best-selling infection vaccine which is applied towards infants and children. The vaccine, Prevnar 13, is build to reduce the risk of infection by 13 strains of pneumococcal disease and protect against six additional strains of bacterial infection compared with the current vaccine. The old vaccine was priced at $80 and the new vaccine will cost an additional 35% to $108. Prevnar 13, developed by Wyeth, is the first product to win FDA approval since Pfizer acquired that company last year for $68 million. With sales ranging $2.7 billion i...
Feb
26
2010
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An honest mistake puts Best Buy in the news, as we report on its competitors

Best Buy is a specialty retailer of consumer electronics, including home office products, entertainment software, appliances and related services.  The company operates retail stores and web sites under the name Best Buy (BestBuy.com, BestBuy.ca, BestBuy.com.cn, espanol.BestBuy.com and BestBuyMobile.com), The Carphone Warehouse (Carphone Warehouse.com), Five Star (Five-Star.cn), Future Shop (FutureShop.ca), Geek Squad (GeekSquad.com and GeekSquad.ca), Magnolia Audio Video (MagnoliaAV.com). Best Buy is in the news apologizing for an email message it had sent in error to some of its Reward Zone loyalty-program customers, which informed them of a highly inflated points balance.  A represen...
Feb
26
2010
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