TheDirectory.com Inc (SEEK)

[subpennystar]

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Today's Day Trade Pick Is: SEEK

Our pick put out great news on Wednesday, indicating the best month of sales ever. SEEK generates revenues from online directory search such as THEDIRECTORY.com, where they match select professionals in vertical markets such as Health, Legal, and the Finance Sectors. In addition, they bring in revenues from building, hosting, and managing corporate websites and their identities. Some of their additional website networks include: BusinessList.com, Podiatrists.com, Pediatricians.com, Chiropractor.com, Therapists.net, Psychiatrists.com, Dietitions.net and DentistAppointments.com BusinessList.com is in the top ten visited websites in the world, according to Alexa ranks.

The company also announced a debt conversion freeze, indicating that no additional debt would be converted into common stock, which should stem the dilution tide.

We think that this double whammy of good news will create wild interest in the stock tomorrow, as well as the coming days, and we could see some juicy gains.

Our last sub-penny pick, BFHJ, was an easy double and we expect more of the same with SEEK.

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