PennyOmega.com Short Highlights Before the Bell!

PennyOmega.com Short Highlights Before The Bell!

PennyOmega.com Stocks Upgraded, Downgraded and Short Highlights Before the Bell Wednesday July 22, 2009

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Today ZipRealty (NASDAQ: ZIPR) (www.ZipRealty.com), the nation’s ninth largest real estate brokerage, announced a new mortgage feature, provided by Bank of America Home Loans, that will help streamline the home buying process for today’s busy home shopper.

Illinois Tool Works Inc. (NYSE: ITW) today reported diluted income per share from continuing operations of $0.36 in the 2009 second quarter as cumulative restructuring activities helped drive income and operating margins to significantly higher levels versus the 2009 first quarter. In the 2009 second quarter, operating income

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DrStockPick.com Short Highlights Before the Bell!

Wednesday, July 22, 2009

DrStockPick.com Stocks Upgraded, Downgraded and Short Highlights Before the Bell Wednesday July 22, 2009

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Today ZipRealty (NASDAQ: ZIPR) (www.ZipRealty.com), the nation’s ninth largest real estate brokerage, announced a new mortgage feature, provided by Bank of America Home Loans, that will help streamline the home buying process for today’s busy home shopper.

Illinois Tool Works Inc. (NYSE: ITW) today reported diluted income per share from continuing operations of $0.36 in the 2009 second quarter as cumulative restructuring activities helped drive income and operating margins to significantly higher levels versus the 2009 first quarter. In the 2009 second quarter, operating income of $334.8 million equated to operating margins of 9.9 percent. Excluding the impact of impairment charges in the

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Chevron & Shell Affected by Nigerian UnrestIn the last month or so, oil majors Chevron Corporation (CVX) and Royal Dutch Shell plc (RDS.A), two of Africa's biggest energy producers, have come under a string of attacks from Nigeria's main militant group, The Movement for the Emancipation of the Niger Delta (MEND).The West African country has struggled to control MEND's hostilities, which started attacking Nigeria's oil industry and kidnapping oil workers three years ago.On May 25, San Ramon, California-based Chevron, the fourth largest publicly traded oil company in the world and with a strong presence in the Niger Delta, had to shut down approximately 100,000 barrels per day of oil production (about a quarter of its oil production in Nigeria) after a pipeline attack by MEND.On June 10, the militants claimed responsibility ...

Despite severe economic turmoil, demand for oil is rising significantly—in fact, it will land somewhere in the range of $150 to $157, according to Roger Wiegand, editor of Trader Tracks. In this exclusive interview with The Energy Report, Wiegand takes a close look at the untamed commodities bull and names some of his favorite buys.

The Energy Report: How does you think oil will play out in current economic scenario?

Roger Wiegand: The big sell-off during the past month or two was triggered when the funds bailed out. Roughly 50% of the CRB—the commodities index—is in oil. When oil moves, it moves the index. The sell-off brought oil down from a high of $147 to roughly $90. It bounced back up to $108 to $110; $108.50 is a good support and resistance level for oil today. The next price up should be $112.50, then $122.50, followed by a couple of more …

South Texas Oil Company is an Austin-based company that acquires, explores for, and develops domestic oil and natural gas properties. Formerly known as Nutek Oil, Inc., the company changed their name in 2005. Founded in 1998, they process their oil and sell it to Equiva, a division of Shell Oil.

Trading on the OTCBB, South Texas Oil is part of the Oil and Gas Drilling and Exploration industry. Their current market capitalization is $44.17M. They have an interest in 176 wells. They own 91 well properties and related equipment in Texas.

The company’s sales for 2007 were $5,692,900. They have mineral interests in 43,244 acres of oil and gas properties in two states. In northeast Colorado, they have 20,000 acres, primarily in the DJ Basin.

In Texas, the company has 18,000 acres in the south central part of the state. In southwest Texas, they have 5,244 acres in their fold. The

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Source: Mineweb.com  05/27/2008
Gold opened higher on Tuesday as further supply disruptions in Nigeria, the world’s eighth-largest oil producer, and a weaker dollar, made the precious metal increasingly attractive. Spot gold stood at $927.00/927.90 an ounce by 0329 GMT, having earlier risen above $930, and up from $925.20/926.60 in New York late last week.

Both Britain and the United States were closed for public holidays on Monday.

A rise in oil prices above $133 on production problems in the North Sea over the weekend and in Nigeria on Monday when rebels blew up a pipeline, drove gold higher on Tuesday.

“I am tracking oil prices for direction. And the dollar is still weakening,” said Ronald Leung, director of Lee Cheong Gold Dealers in Hong Kong.”If gold holds above $910, it could go up to $950. If it falls below $910, it could go back to the $800s,” he added.

Oil bellwether NYMEX crude oil …