June 16, 2008 09:15 ET

Market Pulse Announces Its Hot Stock Alerts for Monday, June 16, 2008: BCFT, ENER, QBIK, JAVA

NOTE TO EDITORS: The Following Is an Investment Opinion Being Issued by Market Pulse.

ATLANTA, GA--(Marketwire - June 16, 2008) - Market Pulse is pleased to introduce our featured stock, Bancroft Uranium Inc. (OTCBB: BCFT), to the investment community! Bancroft Uranium Inc. is new to Market Pulse and is poised to become a significant player in the uranium industry! Bancroft Uranium just had excellent news out in a press release before today's opening bell announcing the final series of drilling results from the 2008 surface drill program conducted at the historic Monmouth Uranium Project, near Bancroft Ontario! Bancroft has now received all drilling results and third party engineers have begun calculating the uranium resource at Monmouth and so far the results have been positive! This could be great news for investors! Other notable stocks that should be closely watched due to existing fundamental and technical factors affecting each company include:

Energy Conversion Devices Inc. (NASDAQ: ENER) : Market Outperform

Cubic Energy Inc. (OTCBB: QBIK) : Attractive

Sun Microsystems Inc. (NASDAQ: JAVA) : Bearish

Stock Pick Meanings

These stock picks are the investment opinions of MP's editor and reflect MP's belief regarding the potential price movement over the next one to four weeks of trading of each of the stocks presented. This analysis is done from a technical and fundamental perspective.

After Friday's Bell Market Commentary

On Friday, tame inflation figures sent the markets surging to close sharply higher. The Labor Department said the Consumer Price Index rose at its fastest pace in six months in May. The core rate, which excludes food and energy, was up 0.2%, which left the year-over-year rate unchanged at 2.3%. A separate report showed U.S. consumer sentiment tumbling to a 28-year low in June. U.S. crude oil for July delivery settled at $134.86 a barrel, down $1.88. U.S. bond prices and the dollar rose. The Dow Jones industrial average was up 165.77 points, or 1.37 percent, at 12,307.35. The Nasdaq Composite Index was up 50.15 points, or 2.09 percent, at 2,454.50. The Standard & Poor's 500 Index was up 20.16 points, or 1.50 percent, at 1,360.03. The Russell 2000 leapt 14 points to close at 734.

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You should be aware that MP is often compensated for issuing analyses, recommendations or opinions concerning particular companies. Its opinion is therefore not unbiased and you should consider this factor when evaluating MP's statements regarding a company. MP has been compensated seventy five thousand dollars from a third party for its coverage of Bancroft Uranium Inc. MP's officers and directors reserve the right to buy additional shares of the companies discussed in this opinion and may profit in the event those shares rise in value. When MP receives shares as compensation for a profiled company, MP may sell part or all of any such shares during the period in which MP is performing such services.