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Wall Street News Alert: Breaking News Alert - CPBI! February 21, 2008
Market Wire, February, 2008
Wall Street News Alert's "stocks to watch" this morning are: Challenger Powerboats, Inc. (OTCBB: CPBI), Oil States International, Inc. (NYSE: OIS), Oracle (NASDAQ: ORCL) and RemoteMDx, Inc. (OTCBB: RMDX).
It seems Challenger Powerboats, Inc. (OTCBB: CPBI) is continuing to garner momentum, and investors should be closely monitoring the stock this morning. Yesterday after the markets closed, the company, a manufacturer of powerboats, tow boats and water-jet powered sport boats, issued a press release announcing that it shipped a record 38 boats for the month of January.
Great news for CPBI! Challenger Powerboats CEO Laurie Phillips stated, "Despite the current slower pace of growth within the industry, we are experiencing record demand, production, and shipments for all three lines, Sugar Sand, Gekko and Challenger. We believe this is a testament to the quality of our product offering as well as our aggressive marketing and sales strategy. This all comes without any penetration whatsoever yet into Florida, the number one recreational boating market in the U.S. We have recently embarked on a strategy to establish premier distribution channels within the Florida marketplace, and which we believe should add significantly to our current growth."
Aggressive investors are being placed on alert to watch this company closely! It was also announced last week that Pininfarina Extra, the product and interior design arm of Italian design pioneers Pininfarina, in collaboration with U.S. powerboat manufacturer, Challenger Powerboats, Inc., launched the new and exclusive PF 36 Limited Edition Powerboat at the Miami International Boat Show on February 14th, 2008. The sleek vessel is designed with the technical attributes of Challenger's race-caliber powerboats, coupled with the revolutionary styling of Pininfarina, a name synonymous with the finest Italian sports cars, from Ferrari to Maserati.
The stock closed Wednesday at Fifty One cents a share.
For an in-depth profile of Challenger Powerboats, visit http://www.WallStreetNewsAlert.com/HotStocks/CPBI022008/default.aspx .
In case you are not familiar with the company: Challenger Powerboats, Inc. designs and manufactures high performance "go fast" offshore racing boats, family sport cruisers, jet boats and water ski tow boats under the brands "Challenger Powerboats," "Sugar Sand" and "Gekko," which target the recreational boating market. Proven world-class technology is incorporated into the manufacturing of our award winning boats at the Company's 65,000 sq. ft. facility located on our 12 acre complex in Washington, Missouri and 80,000 sq. ft facility in Fargo, North Dakota. The Company's boats are sold through our dealer network in the United States, Canada, Mexico, Europe, Australia, the Middle East and Japan. In 2006, Gekko was selected as an official tow boat for the World Barefooting Championships, and the European Barefooting Championships in 2005.
Oil States International, Inc. (NYSE: OIS) up 14.1% on 2.5 million shares traded.
Oil States International, Inc. is a diversified oilfield services company. With locations around the world, Oil States is a leading manufacturer of products for deepwater production facilities and subsea pipelines, and a leading supplier of a broad range of services to the oil and gas industry, including production-related rental tools, work force accommodations and logistics, oil country tubular goods distribution and land drilling services.
Oracle (NASDAQ: ORCL) up 2.1% on 36.6 million shares traded.
Oracle is the world's largest enterprise software company.
RemoteMDx, Inc. (OTCBB: RMDX) up 15% on 4.2 million shares traded.
RemoteMDx has in excess of 200 employees with a centralized monitoring center located in Sandy, Utah. It has proprietary technologies and offers offender management solutions to the criminal justice system including: offender pay programs that require the offenders to pay for their monitoring saving millions of dollars to governmental agencies, drug and alcohol monitoring, real-time monitoring offenders combined with job service programs.
Market Commentary:
"In Oil News: Oil prices briefly surpassed $101 a barrel on news that the Federal Reserve lowered its forecast for economic growth this year, convincing energy investors that the central bank will slash interest rates further," stated Sonja Rudd in Wall Street News Alert's daily commentary continued at: http://www.WallStreetNewsAlert.com .
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