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Special Situation Alerts for Aggressive Traders! December 21, 2006
Market Wire, December, 2006
Stock Market Alerts' performance stock list includes: Axis Technologies Group Inc., (PINKSHEETS: AXTG), Ceridian Corp. (NYSE: CEN), Trump Entertainment Resorts, Inc. (NASDAQ: TRMP), CarMax, Inc. (NYSE: KMX).
Axis Technologies Group Inc., (PINKSHEETS: AXTG) continues to issue breaking news! Aggressive investors should once again check out the company this morning. Yesterday after the markets closed, the company, whose patented product continues to gain wide-spread acceptance, issued a press release announcing that it has begun manufacturing the Axis Dimming/Daylight Harvesting (DDH) fluorescent ballasts in 347 volts for Distribution by Brite-Lite, Inc. to the Canadian market. The Canadian market requires additional voltage in comparison to the 120 volt ballasts used in the US Market.
This is great news for the company, as it looks to expand its product distribution to other markets! "Axis Technologies is very pleased to be working with Brite-Lite to introduce our ballasts to the Canadian market, and the additional voltage is a commitment by Axis to support this market. Bright-Lite is also very enthusiastic about adding our unique ballasts to their product line," said Kip Hirschbach, CEO of Axis Technologies. "Axis anticipates that this distribution agreement will lead to over $5,000,000 in sales over the next year," he added.
Axis announced on November 29, 2006 that the company signed a national distribution agreement with Brite-Lite, Inc., a wholesale lighting distributor headquartered in the Vancouver, British Columbia area. Under the terms of the agreement, Brite-Lite will be the exclusive sales and distribution agent for Axis products in the Canadian market.
Stock Market Alerts continues to maintain coverage on Axis Technologies Group as the company's patented product continues to spread! Monday the company announced that they are currently in negotiations with the TFM Group for exclusive distribution of the Axis Dimming/Daylight Harvesting (DDH) fluorescent ballasts in the United Kingdom and Europe. According to the press release, the TFM Group conducts over $100,000,000 of business per year in distribution and placement for their clients with anticipated sales of Axis products to exceed $20,000,000 USD a year. The TFM Group plans to initially address the market in the United Kingdom, then move on to the European mainland.
A profile of Axis Technologies can be found at: http://www.wallstreettradingalerts.com/AXTG122006.html
Before the news was released, Axis Technologies stock had closed yesterday at $2.33.
Axis Technologies Group, Inc. conducts its business through this wholly owned subsidiary Axis Technology, Inc., a Delaware corporation headquartered in Lincoln, Nebraska. Axis Technology, Inc. designs, manufactures and markets a proprietary line of energy-saving and daylight harvesting electronic dimming ballasts for the commercial lighting industry. The company's target market is small to large commercial users of fluorescent lighting including office buildings, wholesale and retail buildings, hospitals, schools, and government buildings. In 2002, Underwriters Laboratory (UL) approved Axis products for sale in both the United States and Canada. The Axis DDH ballast is priced competitively and is the only daylight harvesting ballast system that can be marketed as a replacement for a standard ballast.
Other Stocks of interest yesterday were:
Ceridian Corporation (NYSE: CEN) up 6.1% on 4.3 million shares traded. Ceridian is one of the top human resources outsourcing companies in each of its markets, and offers a broad range of human resource services, including payroll, benefits administration, tax compliance, HR information systems and employee advisory programs.
Trump Entertainment Resorts, Inc. (NASDAQ: TRMP) down 13.2% on 5 million shares traded. Trump Entertainment Resorts, Inc. is one of the leading gaming companies that owns and operates three properties. The Company's properties include Trump Taj Mahal Casino Resort and Trump Plaza Hotel and Casino, located on the Boardwalk in Atlantic City, New Jersey, and Trump Marina Hotel Casino, located in Atlantic City's Marina District.
CarMax, Inc. (NYSE: KMX) up 8.5% on 5.5 million shares traded. CarMax, a FORTUNE 500 company, and one of the FORTUNE 2006 "100 Best Companies to Work For," and is one of the nation's largest retailers of used cars.
Wall Street Enews is a Sponsor of Quality Stocks. Quality Stocks tracks the stock picks of 150 Investment Newsletters every day and reports on their performance. For Their Free Service, Visit www.qualitystocks.net .
The advertisement is provided by Wall Street Enews, a division of Stock Market Alerts LLC, an electronic broadcaster and publisher of this release, and hereafter referred to as "the company." The company received compensation for services performed for Axis Technologies, Inc (PINKSHEETS: AXTG). The compensation is sixty four thousand dollars (twenty four thousand dollars for current services and forty thousand dollars for previous coverage) from third party, ATN Enterprises LLC., who may hold a significant position in the stock. Because the company received compensation for its services, there is an inherent conflict of interest in the company statements and opinions and such statements and opinions cannot be considered independent.