SOURCE: Stock Market Alerts

September 29, 2009 09:35 ET

Tuesday's Market Alert: 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), Freeport-McMoRan Copper & Gold Inc. (NYSE: FCX), The Dow Chemical Company (NYSE: DOW) and AK Steel (NYSE: AKS).

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 http://www.armcometals.com . 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: http://www.tororesearch.com/reports/CNAM/CNAM_092809.pdf

For an in-depth profile of China Armco Metals, visit http://www.wallstreetenews.com/view-company-profiles.php?profile=CNAM_080909.

Freeport-McMoRan Copper & Gold Inc. (NYSE: FCX) up 3.4% on 11.9 million shares traded. FCX is a leading international mining company with headquarters in Phoenix, Arizona.

The Dow Chemical Company (NYSE: DOW) up 4.9% on 8.5 million shares traded. Dow is a diversified chemical company that combines the power of science and technology with the "Human Element" to constantly improve what is essential to human progress.

AK Steel (NYSE: AKS) down 1.7% on 7.8 million shares traded. AK Steel produces flat-rolled carbon, stainless and electrical steels, primarily for automotive, appliance, construction and electrical power generation and distribution markets.

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.

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