PowerPennyStocks.com

February 19, 2010 09:30 ET

Citigroup Reports on Dell, Hewlett-Packard and Insights on the Fed Discount Rate

No big surprises with Dell, HPQ and the fed discount rate. Is this pointing the way to the other side of the recession?

LAS VEGAS, NEVADA--(Marketwire - Feb. 19, 2010) - Stocks in focus today will include Dell, which reported late yesterday afternoon. Dell reports a small dip in quarterly profits but a gain in sales, with revenue for mobility and service units sales ahead on an annual basis.

Hewlett-Packard Co. closed up yesterday (up 69 cents to $50.81). HPQ could go up more than 20% this year states Richard Gardner, an analyst with Citigroup Global Markets. The share price target was increased to $64.

And Analog Devices Inc., closed up $1.19 yesterday to close at $29.57. ADI investor response to the quarterly reports was "underwhelming", said Citigroup Global Markets analyst Terence Whalen.

At PowerPennyStocks we provide deep, due diligence on companies and track stocks all over the market. Our primary focus is to provide investors with winning micro cap and penny stock picks. We provide our subscribers with comprehensive due diligence on little known micro cap stocks that look poised for explosive movement. Our free newsletter, "Power Picks", focuses on stocks that fly under the radar of your average Wall Street investor and have tremendous upside potential.

Finally, as gold prices fell for a second straight day on news that the IMF plans to sell its remaining gold stock in the open market, we remain bullish on this bright yellow metal.

So who else is buying gold?

John Paulson, the investor who made billions by pegging the housing bust and credit crisis, invested $1.3 billion for an 11% stake of AngloGold (adding to his gold position with a significant stake in Kinross Gold). Hedge fund manager David Einhorn (the gentleman who predicted the collapse of Lehman Brothers), recently said he bought gold - for the first time.

What does this means for the Average Joe?

Take a look at penny stock companies like Affinity Gold Corp. Less than a month ago AFYG was sitting at $1.50 per share. We've watched this golden boy steadily rise with the release of their 43-101 technical report and other great news. It closed on heavy volume this week in the $1.80 range. That's a golden ROI story - a 20% plus increase in your money.

How does the normal investor see a 100% return on gold? Read the AFYG Inside Report

With some newsletters pointing to a $4.00 per share short term target, it looks like AFYG is heading there in a hurry. And they are not the only micro cap mining company that is showing some great investment opportunity in the OTCBB gold mining sector.

With more good news expected, AFYG will continue to generate significant investor interest in the company. Our recommendation is to keep AFYG on your radar and watch this week's reactions across the web as the stock continues to move north.

Power Picks is a BIG opportunity for everyday investors

www.PowerPennyStocks.com, is a premier micro cap research firm that gives you the insider scoop on finding the golden fleece of mining companies. At PowerPennyStocks we provide deep, due diligence on companies and track stocks all over the market with a primary focus of providing investors with winning micro cap and penny stock picks. We provide our subscribers with comprehensive due diligence on little known micro cap stocks that look poised for explosive movement. Our free newsletter, "Power Picks", focuses on stocks that fly under the radar of your average Wall Street investor and have tremendous upside potential.

Sign up today and receive for FREE our Power Pick Alerts, delivered right to your inbox, on the hottest micro and small cap stocks the market has to offer. PowerPennyStocks understands nothing speaks louder than the success of our members! So follow AFYG today and see what we're talking about.

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