SOURCE: Stock Market Alerts

April 15, 2010 13:38 ET

Stock to Watch: China America Holdings -- April 15, 2010

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

MIAMI, FL--(Marketwire - April 15, 2010) -  Stock Market Alerts' performance stock list includes: China America Holdings (OTCBB: CAAH), GE (NYSE: GE), Bank of America Corp. (NYSE: BAC) and Mariner Energy, Inc. (NYSE: ME).

Today, China America Holdings (OTCBB: CAAH) has issued a press release announcing that its 56% owned China based subsidiary Shanghai AoHong Chemical Co., Ltd. ("Shanghai Aohong") has begun test run production at its newly constructed chemical production facility in Tianjin.

The newly constructed facility is located in Tianjin, approximately 70 miles north of Beijing. The facility is expected to produce approximately 8,000 tons of a mixture of refrigerant chemicals per year, virtually doubling Shanghai Aohong's total annual capacity. At today's prices, management estimates the facility is capable of generating annual revenue of approximately U.S. $22 million.

As previously reported, Shanghai Aohong's business improved substantially in its first fiscal quarter of 2010, ended December 31, 2009. This was due in part to an overall improvement in the Chinese economy as well as management's aggressive pricing strategy as it sought to gain additional customers in fiscal 2009. As the business climate returns to more normalized levels, management believes it will lead to an expanded customer base and stronger growth in the future. Management also believes its expansion into Northern China through the start of operations in Tianjin will significantly improve its overall financial performance in the second half of fiscal 2010.

Commenting on the start of production testing, Mr. Shaoyin Wang, CEO of China America Holdings, commented, "We are excited to begin this business expansion into Northern China as we now look to focus on growing our operations in an improving economic environment. Our Tianjin facility is expected to virtually double our production capacity and provide us with a platform to service the Beijing area. As we see continued improvement in our business segment we intend to aggressively seek to expand through our marketing efforts as well as to seek potential acquisition opportunities to further our growth in the coming years." 

The stock closed yesterday at a Four a share.

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

GE (NYSE: GE) as of 12:30 pm EDT up 1% on 58.7 million shares traded.
GE is a diversified infrastructure, finance and media company taking on the world's toughest challenges. From aircraft engines and power generation to financial services, medical imaging, and television programming, GE operates in more than 100 countries and employs about 300,000 people worldwide.

Bank of America Corp. (NYSE: BAC) as of 12:30 pm EDT up 0.4% on 143.4 million shares traded. Bank of America is one of the world's largest financial institutions.

Mariner Energy, Inc. (NYSE: ME) as of 12:30 pm EDT up 40.8% on 52.8 million shares traded. Mariner Energy, Inc. Mariner Energy is an independent oil and gas exploration, development, and production company headquartered in Houston, Texas, with principal operations in the Permian Basin, Gulf Coast and the Gulf of Mexico.

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 China America Holdings (OTCBB: CAAH), China Armco Metals, Inc., China Direct Industries, Inc., Sunwin International Neutraceuticals, Inc., Dragon Capital Group Corp. and China Logistics Group, Inc., the company has been compensated a total of Three Hundred and Seventy Thousand Dollars (Seventy Thousand dollars for current services and Three Hundred Thousand dollars for previous services) by China Direct Investments Inc., a Florida corporation, and a wholly owned subsidiary of China Direct. In addition, the company has also been compensated One Million restricted shares of China Logistics Group, Inc. and Two Million restricted shares of China America Holdings (OTCBB: CAAH). 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.