Wall Street News Alert: Trade Alert for Wednesday: SAEI -- April 28, 2010
April 28 2010 - 8:33AM
Marketwired
Wall Street News Alert's "stocks to watch" this morning are:
Supatcha Resources Inc. (OTCBB: SAEI), Chevron Corporation (NYSE:
CVX), ConocoPhillips (NYSE: COP) and Baker Hughes Incorporated
(NYSE: BHI).
Yesterday after the markets closed, Supatcha Resources Inc.
(OTCBB: SAEI) issued a press release announcing that it has
arranged a feature in the June issue of SmartMoney Magazine
(www.smartmoney.com).
Mr. Nikolae Yagodka, the Company's CFO, states, "This is a great
opportunity for all of us at Supatcha. SmartMoney has wide
distribution and our message will be broadly distributed to a
marketplace and readership that understands today's global mining
sector outlook.
SmartMoney has become a leader in financial publishing and
received critical acclaim which is recognized all over the
financial community. They are dedicated to providing their
subscribers with accurate, in-depth financial information.
The stock closed yesterday at $1.70 a share.
For an in-depth profile of Supatcha Resources,
visit
http://www.wallstreetnewsalert.com/view-company-profiles.php?profile=SAEI_042710.
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Chevron Corporation (NYSE: CVX) down 2.8% on 13million shares
traded. Chevron is one of the world's leading integrated energy
companies, with subsidiaries that conduct business worldwide.
ConocoPhillips (NYSE: COP) down 1.3% on 17.8 million shares
traded. ConocoPhillips is an integrated energy company with
interests around the world.
Baker Hughes Incorporated (NYSE: BHI) down 5.4% on 8.5 million
shares traded. Baker Hughes is a leading provider of drilling,
formation evaluation, completion and production products and
services to the worldwide oil and gas industry.
Market Commentary: On Wednesday, the market will be watching the
Federal Reserve, which will end a two-day, rate-setting meeting.
The Fed has said it plans to keep rates at historic lows for an
extended time to help the recovery. However, eventually rates will
need to climb to fight inflation as the economic rebound
continues.
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of this information on behalf of one or more of the companies
mentioned in this release. For current services performed for
Supatcha Resources Inc. (OTCBB: SAEI), WSCF has been compensated
Fifty Thousand Dollars, by third party, SNV Industries Inc., who is
non-affiliated and may hold a significant position in the stock. In
addition, WSCF has also been compensated Three Hundred and Twenty
Thousand shares, by a third party, Lions Bay Capital Management
Ltd., who is also non-affiliated and may hold a significant
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