SOURCE: Stock Market Alerts

November 20, 2009 08:34 ET

Market Watch: Dragon Capital Group - November 20, 2009

NOTE TO EDITORS: The Following Is an Investment Opinion Being Issued by Stock Market Alerts LLC.

MIAMI, FL--(Marketwire - November 20, 2009) - Stock Market Alerts' performance stock list includes: Dragon Capital Group Corp (PINKSHEETS: DRGV), DIRECTV (NYSE: DTV), Qwest Communications (NYSE: Q) and Microsoft Corp (NASDAQ: MSFT).

This morning, Dragon Capital Group (PINKSHEETS: DRGV) has announced that its financial results for the third quarter ended September 30, 2009, which included record revenues of $41.1 Million for first nine months of 2009, an increase of 21.87% compared to $33.7 Million for first nine months of 2008.

Revenue for the third quarter ended September 30, 2009 was $14.2 million, a 24.56% increase over the $11.4 million recorded in the third quarter of 2008. Cost of sales for the third quarter of 2009 were $13.3 million compared to $10.6 million in the third quarter of 2008. Net income from continuing operations for the third quarter of 2009 was $356,187, slight decrease from the $383,126 recorded in the third quarter of 2008. Net income in the third quarter of 2009 was approximately $291,000, slight decrease from approximately $310,000 for the third quarter of 2008. The decrease in net income was largely attributable to the Company's efforts to increase sales and market share through an aggressive pricing strategy in a very difficult market environment.

Revenue for the first nine months of 2009 reached record $41.1 million, a 20% increase from the $33.7 million recorded in the first nine months of 2008. For the first nine months of 2009, net income from continuing operations was $799,553 down from $1.11 million in the first nine months of 2008 mainly a result of reduced margins of its main technological product sales.

Mr. Lawrence Wang, CEO of Dragon Capital Group, stated, "As we are emerging away from a very challenging sales environment, Dragon has made a strong effort to increase sales volume and market share through aggressive pricing. Our dedication to this strategy has enabled Dragon to post record sales while remaining profitable for the quarter and the first nine months of the year. We are confident that these gains in market share will result in a significant expansion in our top and bottom line performance as the economy continues to improve in the coming quarters and margins return to normalized levels. We are confident that China's high-tech industry will provide a significant growth opportunity for Dragon as we continue to seek to grow internally and through opportunistic acquisition of complimentary high tech operations for the benefit of our shareholders."

The stock closed yesterday at a Penny a share.

For an in-depth profile of Dragon Capital Group, visit http://www.wallstreetenews.com/view-company-profiles.php?profile=DRGV_072109.

To receive FREE Mobile Stock Alerts formatted especially for your cell phone, text the word "press" in the subject line to 68494.

DIRECTV (NYSE: DTV) up 1.4% on 114 million shares traded.

DIRECTV is one of the world's leading providers of digital television entertainment services.

Qwest Communications (NYSE: Q) down 1.3% on 10.8 million shares traded.

Qwest's is an industry-leading national fiber-optic network and world-class customer service to meet their communications and entertainment needs.

Microsoft Corp (NASDAQ: MSFT) down 1% on 51.9 million shares traded.

Microsoft is the worldwide leader in software, services and solutions that help people and businesses realize their full potential.

This advertisement is provided by Wall Street Enews, a division of Stock Market Alerts LLC, an electronic broadcaster and publisher of this release, and hereafter referred to as "the company." The company also maintains a contractual, working relationship with Wall Street Capital Funding LLC. and its Wall Street News Alert brand. For current services performed for Dragon Capital Group Corp (PINKSHEETS: DRGV), China Direct Industries, Inc. ("China Direct Industries"), Sunwin International Neutraceuticals, Inc., China America Holdings and China Armco Metals, Inc., the company has been compensated a total of Three Hundred Thousand Dollars (Two Hundred and Fifty Thousand dollars for current services and Fifty Thousand dollars for previous services) by China Direct Investments Inc., a Florida corporation, and a wholly owned subsidiary of China Direct. The company does not hold any shares of the stock. Because the company received compensation for its services, there is an inherent conflict of interest in the company statements and opinions and such statements and opinions cannot be considered independent.

The information contained in this press release is for informational purposes only, and not to be construed as an offer to sell or solicitation of an offer to buy any security. The company makes no representation or warranty relating to the validity of the facts presented nor does the company represent or warrant that all material facts necessary to make an investment decision are presented above. Stock Market Alerts LLC is an advertising company and therefore, this release should be viewed for informational purposes only.

The company relies exclusively on information gathered on the public company, such as public filings, press releases and its web sites. Investors should use the advertising information contained in this release as a starting point for conducting additional research on the public company in order to allow the investor to form his or her own opinion regarding the public company. Factual statements contained in this publication are made as of the date stated and they are subject to change without notice. The company is not a registered investment adviser, broker or a dealer.

Investing in the public company that this release is providing service for should be reviewed as speculative and a high-risk and may result in the loss of some or all of any investment.

This release may contain statements that constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended. The words "may," "would," "will," "expect," "estimate," "anticipate," "believe," "intend," and similar expressions and variations thereof are intended to identify forward-looking statements.