OTCPro.com Stock Picks for Monday: UCAD, CMKX, INSA, QQQ
NOTE TO EDITORS: The Following Is an Investment Opinion Being Issued by OTCPro.com.
BOCA RATON, FL, Jul. 19, 2004 (MARKET WIRE via COMTEX) --
OTCPro.com announces its list of stocks to watch! These stocks are looking to move!
OTCPro.com adds US Canadian Minerals Inc (OTC BB: UCAD) to its Stock Pick List. UCAD is new to OTCPro, and just announced great news! US Canadian Minerals Inc is a multi-dimensional, mineral-based corporation headquartered in Las Vegas, Nevada. Watch this stock; it could break out on the upside in the near term! Other stocks looking to move are:
CMKM Diamonds, Inc. (OTC: CMKX) is pleased to have reached a purchase agreement with U.S. Canadian Minerals, Inc. (OTC BB: UCAD) to which U.S. Canadian Minerals Inc. will be purchasing 5% of all mineral claims held by CMKM Diamonds, Inc. in exchange for 7.5 million shares of UCAD. CMKM Diamonds, Inc. will later issue these shares to all shareholders of record on August 20, 2004.
Invisa Inc (OTC BB: INSA). Invisa, Inc. manufactures and licenses a line of advanced electronic sensors incorporating the Company's patented presence-sensing design, InvisaShield, for Homeland Security and Safety applications. Invisa is well-positioned to grow its top-line and increase its market penetration. OTCPro has put a $2.75 share price on INSA. OTCPro.com further states that they believe this strike price will be reached within 7 trading days.
As the price of crude and oil service ETFs went higher, broad market ETFs moved lower, especially the tech-heavy Nasdaq 100 Trust (AMEX: QQQ), which closed the week down 2.5%.
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