Stocks to Watch: XNN, TASR, AH, SIRI
Market Wire, December, 2006
OTCPro.com's performance stock list includes: XENONICS HOLDINGS, INC. (AMEX: XNN), TASER International, Inc. (NASDAQ: TASR), Armor Holdings Inc. (NYSE: AH), SIRIUS Satellite Radio (NASDAQ: SIRI).
OTCPro.com, today announced continued profile coverage of XENONICS HOLDINGS, INC. (AMEX: XNN). We initially alerted our members in late May when XNN was trading in the $1.80 range. We feel that this is the beginning of a major uptrend in share price and earnings growth for XNN and are continuing coverage with a Strong Buy rating.
XENONICS HOLDINGS, INC. (AMEX: XNN) surged yesterday after the company said it expects fourth-quarter revenue to increase significantly from the same period a year ago. The company also is anticipating a substantial profit for the quarter.
Chairman of the Board, Alan Magerman said, "We are in a rapid growth mode and expect to return significant shareholder value. The recent stock price decline cannot be explained. In my opinion, the current stock price does not reflect the Company's performance and potential."
Xenonics expects the trend to continue with increased revenue and profits for 2007. Shares were climbed more than 150%, adding $1.94 to close at $3.24 and we fully expect that trend to continue.
You can view the complete profile at: www.otcpro.com
Other profiled companies with major news out include.
TASER International, Inc. (NASDAQ: TASR), a market leader in advanced electronic control devices released the following News Alert: According to news reports from the Reno Gazette Journal, a suspected parole violator with a violent history was arrest Tuesday night after holding two people hostage and threatening suicide.
Officers evacuated six nearby apartments and hostage negotiators worked to coax Henderson out of the apartment. Henderson released the two hostages just before SWAT team officials fired tear gas pellets into the apartment. After 30 minutes, Henderson emerged from the apartment around 10:00 p.m. holding a knife to his throat and a suicide note. Special Weapons and Tactics Officers responded by deploying a TASER device, forcing Henderson to drop the knife and allowing police to take him into custody.
Armor Holdings Inc. (NYSE: AH) said Wednesday it received a $53.3 million order to provide armor for Humvee military vehicles.
The order, from vehicle maker AM General, is for armor to be used in manufacturing three models -- the M1152, M1151 and M1165 -- of Humvees. Armor will also provide kits that allow soldiers to add armor to the vehicles in the field.
SIRIUS Satellite Radio (NASDAQ: SIRI) expects to offer a live television service in cars by late 2007, and deals with content providers may be set as early as January, Chief Executive Mel Karmazin said Thursday.
In an interview at the Reuters Media Summit in New York, Karmazin said the mobile video, likely to be available in 2008 model lines, would be geared toward young viewers sitting in the back seats.
Morning Commentary: Gold prices surged again Thursday, as the dollar slid on news of an unexpectedly large jump in U.S. jobless claims and a sluggish reading on the factory sector. Contracts for February delivery of bullion rose $11.10 to $652.90 an ounce on the Comex division of the Nymex.
About OTCPro.com
OTCPro.com is a leading investor relations firm whose primary focus is promoting awareness among brokers, investors, and others in the investment community who are interested in small and micro-cap companies. OTCPros is dedicated to helping publicly traded companies gain the exposure they need to move forward with the development of their business plans. OTCPro's goal is to feature equity investments in micro or small capitalization companies that have the potential for long-term appreciation. OTCPro provides investors with a complete suite of online interactive financial data and tools that includes quotes, charts, company profiles, news, market commentary and SEC filings, just to name a few. OTCPros offers a free financial newsletter. To subscribe or get more information, visit our home page located at www.OTCPro.com .
OTCP, because it relies on information supplied by various third parties disclaims any responsibility for the accuracy of such information. Any investor considering making an investment in any security which has been the subject of an OTCP analysis or opinion should, before making any such investment, consult with his/her market professional and/or do his/her own independent research regarding the company which is the subject of an OTCP opinion, recommendation or analysis. Information regarding companies which OTCP has opined upon is normally available from many sources including the subject company's filings with the SEC and various press releases issued by the company.
An affiliate of OTCP has purchased 130,000 shares on XNN in the open market for an average price of $1.90. This should be construed as a potential conflict of interest. OTCP's officers and directors reserve the right to buy additional shares of the company discussed in this opinion and may profit in the event those shares rise in value. When OTCP receives free trading shares as compensation for a profiled company, OTCP may sell part or all of any such shares during the period in which OTCP is performing such services.
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