SOURCE: Market Pulse

June 11, 2008 09:15 ET

Market Pulse Announces Its Hot Stock Alerts for Wednesday, June 11, 2008: BCFT, ENER, WAVX, QTWW

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

ATLANTA, GA--(Marketwire - June 11, 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 third in a series of drilling results from the spring 2008 surface drill program conducted at the historic Monmouth Uranium Project, near Bancroft, Ontario! Bancroft will release a fourth series of drill results shortly 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 Conversions Devices Inc. (NASDAQ: ENER) : Market Outperform

Wave Systems Corp. (NASDAQ: WAVX) : Attractive

Quantum Fuel Systems Technologies Worldwide Inc. (NASDAQ: QTWW) : Market Outperform

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 Tuesday's Bell Market Commentary

On Tuesday, the markets closed mostly lower. The Energy Department reported oil consumption is now expected to fall by 240,000 barrels a day in 2008, last month the department forecast consumption would be unchanged from 2007 levels. Light, sweet crude for July delivery fell $3.04 to settle at $131.31 a barrel. Investors remain concerned that high energy prices will not just aggravate inflation, but also stymie consumer spending and, in turn, economic growth. The dollar held its gains against the euro and most major currencies. Bond prices fell. Gold prices tumbled. The Dow Jones industrial average rose 9.44, or 0.08 percent, to 12,289.76. The Nasdaq composite index fell 10.52, or 0.43 percent, to 2,448.94. The Standard & Poor's 500 index fell 3.32, or 0.24 percent, to 1,358.44. The Russell 2000 index fell 2.63, or 0.36 percent, to 732.62.


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