SOURCE: Market Pulse

September 09, 2008 09:15 ET

Market Pulse Announces Its Hot Stock Alerts for Tuesday, Sept. 9, 2008: PRRY, AMGN, AVID, FNM

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

ATLANTA, GA--(Marketwire - September 9, 2008) - Market Pulse is pleased to introduce our featured stock, Planet Resource Recovery Inc. (PINKSHEETS: PRRY), to the investment community! Planet Resource Recovery, Inc. is new to Market Pulse and is poised to become a significant player in the petrochemical/oil services industry! Planet Resource Recovery just had excellent news out in a press release before today's opening bell announcing that the company has launched and posted a second commercial titled "Increased Oil Production Now" aimed at creating interest in the use of PetroLuxus™ products! The company said the commercial is aimed at producing additional sales of Planet's enhanced oil recovery product, PetroLuxus™! 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:

Amgen Inc. (NASDAQ: AMGN): Market Outperform

Avid Technology Inc. (NASDAQ: AVID): Attractive

Fannie Mae (NYSE: FNM): Market Underperform

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 Monday's Bell Market Commentary

On Monday, the markets surged in late afternoon trading over hopes that the government seizure of troubled mortgage giants Fannie Mae and Freddie Mac will lead to a much quicker recovery of the financial services sector as well as the housing sector. U.S. consumer credit expanded at the slowest pace in seven months in July. July consumer credit rose $4.56 billion, or at a 2.12 percent annual rate, to $2.587 trillion, the Federal Reserve said. Light, sweet crude for October delivery rose 11 cents to settle at $106.34 a barrel. The dollar was higher against other major currencies. Gold prices rose. Bond prices edged higher. The Dow Jones industrial average rose 289.78, or 2.58 percent, to 11,510.74 after being up nearly 350 points. The Nasdaq composite index added 13.88, or 0.62 percent, to 2,269.76. The Standard & Poor's 500 index advanced 25.48, or 2.05 percent, to 1,267.79. The Russell 2000 index rose 14.01, or 1.95 percent, to 732.86.


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Information contained herein is the opinion of MP and is intended to be used strictly for informational purposes. You should be aware that MP attempts to assure itself of the accuracy of the information contained in the analyses it publishes. In this regard, MP does, at times, rely on the accuracy of information supplied to it by the companies which are the subject of MP's analyses and/or parties related to those companies. MP also relies on the accuracy and integrity of information that is contained in company press releases and reports filed with the SEC. The companies mentioned in this publication have not approved the content or timing of the information being published unless otherwise noted.

MP, because it relies on information supplied by various third parties disclaims any responsibility for the accuracy of such information. Any investor considering making an investment in any security which has been the subject of a MP analysis or opinion should, before making any such investment, consult with his/her market professional and/or do his/her own independent research regarding the company which is the subject of an MP opinion, recommendation or analysis. Information regarding companies which MP has opined upon is normally available from many sources including the subject company's filings with the SEC and various press releases issued by the company.

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 in free trading shares of common stock, available for public trading as follows: Planet Resource Recovery, Inc. compensation from a third party shareholder: four hundred thousand free trading shares of stock in Planet Resource Recovery, Inc., already received from a third party shareholder. To date, MP has sold three hundred thirty thousand shares of stock in Planet Resource Recovery, Inc. for proceeds totaling seventy two thousand eighty seven dollars. 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.

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