SOURCE: Wall Street News Alert

January 23, 2006 11:29 ET

Wall Street News Alert: Aggressive Investors Alert! January 23, 2006

NOTE TO EDITORS: The Following Is an Investment Opinion Being Issued by Wall Street Capital Funding.

WESTON, FL. -- (MARKET WIRE) -- January 23, 2006 -- Wall Street News Alert's "stocks to watch" this morning are: Coil Tubing Technology, Inc. (OTC: CTBG), Intel (NASDAQ: INTC), The General Electric (NYSE: GE) and Magellan Petroleum Corporation (NASDAQ: MPET).

Once again, Coil Tubing Technology, Inc. (OTC: CTBG) may be on the screen of aggressive investors and day traders! Early this morning, the company issued a press release announcing that it has entered into a strategic partnership with Rollins Energy de Mexico subsidiary Thru Tubing Solutions.

News of the strategic partnership could get the attention of investors! CTT will provide a full line of proprietary coil line tubing technologies to support well servicing operations in the northern and southern regions of Mexico through July 2007. Rollins Energy de Mexico's primary client for oil and gas well servicing will be PEMEX, the country of Mexico's largest corporation.

Watch this company! "The partnership with the Rollins group is an ideal opportunity to place a concerted effort upon expanding the proprietary products of CTT into international markets with a corporation that has worldwide exposure and prestige," stated Jerry Swinford, President of Coil Tubing Technology.

Investors should continue to monitor the progress of Coil Tubing! Late last week, the company announced that it has been approved by British Petroleum (BP), Rocky Mountain and Mid Continent divisions to supply the patented CTT Subterranean Rotating Device. The company estimated that BP will work over 350 wells in the Rocky Mountain and Mid Continent divisions, utilizing the Rotating Tool, over the next year.

Prior to the latest press release, the stock closed had closed Friday at seventy nine cents a share.

For an in-depth profile of Coil Tubing Technology, Inc. issued last Friday, visit

In case you are not familiar with the company: Coil Tubing Technology, Inc. (CTT) has specialized in the design of proprietary tools for the coil tubing industry since 1990, concentrating on four categories of coil tubing application: thru tubing fishing, thru tubing work over, pipeline clean out, and coil tubing drilling. CTT was founded in 1998 by Jerry Swinford, an oilfield tool designer with more than 15 patents granted or pending and more that 25 years experience in the creation of oilfield tools.

Stocks showing interesting activity yesterday at the close of the regular trading day were: Intel (NASDAQ: INTC) down 155.4 million shares traded, The General Electric (NYSE: GE) down 3.7% on 88.1 million shares traded and Magellan Petroleum Corporation (NASDAQ: MPET) up 16.1% on 1.5 million shares traded.


"Oil prices rose to open the week above $69 a barrel on supply fears linked to Iran's dispute with the West over the restarting of its nuclear program and continuing labor unrest in oil-rich Nigeria. Crude oil prices are approaching the record high of $70.85 a barrel on August 30th," stated Sonja Rudd in Wall Street News Alert's daily commentary continued at:

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