SOURCE: Stock Market Alerts

September 29, 2009 08:35 ET

Ahead of the Bell: China Armco Metals - September 29, 2009

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

MIAMI, FL--(Marketwire - September 29, 2009) - Stock Market Alerts' performance stock list includes: China Armco Metals, Inc. (OTCBB: CNAM), Alcoa (NYSE: AA), United States Steel Corporation (NYSE: X) and Century Aluminum Company (NASDAQ: CENX).

Having recently announced that it has completed delivery of iron ore pursuant to a contract that will generate sales of approximately $15.98 million in the third quarter of 2009, China Armco Metals, Inc. (OTCBB: CNAM), has now issued a press release announcing that Toro Research is initiating coverage of China Armco Metals, Inc. (OTCBB: CNAM) with a speculative "Buy" recommendation and a performance rating of 8.5, on a scale of 10.

According to the report, our recommendation is based primarily on the company's revenue performance for the first half of 2009 as it relates to current market trends in the commodity industry, expanding growth in the company's metal recycling division, as well as the company's historical performance and additional outside factors such as recovering Chinese economy, and Chinese government's initiative to increase utilization of scrap metals usage. For more details, please visit . The following is an abstract for the research report.

This month the company also reported that Armco Metawise, Ltd. the Company's wholly owned subsidiary, has completed delivery of iron ore to a China based steel company pursuant to a contract that will generate sales of approximately $15.98 million in the third quarter of 2009.

Commenting on the contract, Mr. Kexuan Yao, CEO and Chairman of China Armco Metals, Inc., stated, "We are pleased to deliver larger sized orders to the steel industry as we look to build on the strong sales efforts we are making in the third quarter. We are carrying strong momentum into the busiest sales period of the year for our industry and remain very optimistic about our prospects for the remainder of this year and into 2010. We believe the environment for our customers remains strong and our anticipated metals recycling business launch places the company in a position to experience record performance in the coming years."

The stock closed yesterday at $3.07 cents a share.

To view the report please visit:

For an in-depth profile of China Armco Metals, visit

Alcoa (NYSE: AA) up 2.6% on 20.3 million shares traded. Alcoa is the world leader in the production and management of primary aluminum, fabricated aluminum, and alumina combined, through its active and growing participation in all major aspects of the industry.

United States Steel Corporation (NYSE: X) down 0.6% on 10.9 million shares traded. United States Steel Corporation is one of the leading steel company's in the U.S.

Century Aluminum Company (NASDAQ: CENX) up 3.3% on 4.8 million shares traded. Century Aluminum Company owns primary aluminum capacity in the United States and Iceland.

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 Armco Metals, Inc. (OTCBB: CNAM), China Direct Industries, Inc. ("China Direct Industries"), Dragon Capital Group Corp, China America Holdings, and Dragon International Group Corp., 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.