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FREE Daily Stock Alerts From DrStockPick.com
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DrStockPick.com Watch List!
My Picks for Wednesday Dec. 30, 2009 are:
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WFR, MEMC Electronic Materials Inc.
WFR is a global leader in the manufacture and sale of wafers and related intermediate products to the semiconductor and solar industries. With the recent acquisition of SunEdison, WFR is also a developer of solar power projects and North America’s largest solar energy services provider.
WFR entered into a new revolving credit facility. The new $250 million agreement, which has a term of three years, replaces WFR’s pre-existing $200 million revolving credit agreement that was scheduled to expire in June 2010. The new facility contains an accordion feature, allowing WFR to request an increase in the size of the facility, up to an aggregate of $400 million, upon terms to be agreed upon by the parties.
More about WFR at www.memc.com.
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BPZ, BPZ Resources, Inc.
BPZ is an oil and gas exploration and production company which has exclusive license contracts for oil and gas exploration and production covering approximately 2.2 million acres in four properties in northwest Peru.
BPZ reported the Peru Government’s agency responsible for promoting and supervising hydrocarbon license contracts, has approved the Company’s proposed First Date of Commercial Production as set forth in the current Field Development Plan for its Corvina field in Block Z-1 in Northwest Peru.
The Field Development Plan sets May 31, 2010 as the date to transition from exploration to commercial production in the Corvina field.
**The transition to commercial production is important as it allows BPZ to start depreciating, for tax purposes, past and future Block Z-1 investments.
More about BPZ at www.bpzenergy.com
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CGAQ, Caribbean Casino Gaming Corp., CGAQ.PK
CGAQ is the owner and operator of the Sosua Bay Grand Casino. CGAQ is focused on becoming a leader in the Caribbean for gaming and entertainment to include live betting in its partnership with Kenilworth Systems Corporation from cameras located above tables within the Sosua Bay Grand Casino.
** CGAQ is approaching its first milestone with nearly $1 million in wagers being placed in the Sosua Bay Grand Casino since its opening in late October.
CGAQ should surpass $250,000 in winnings by the end of the year and plans to present positive financials to the public in January
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Add WFR, BPZ and CGAQ to your Watch List!, do your homework, and like always BE READY for the ACTION!
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Dr. Stock Pick is a seasoned equity trader and financial investor. He’s on the Crown Equity Holdings, Inc (CRWE.OB) financial staff as a professional investment analyst and consultant. He’s syndicated on over 1000 websites www.crwenews.com, www.stock-ir.com, www.PennyToBuck.com, www.PennyOmega.com, giving daily, up to the minute information about stocks, options, currencies and more. www.drstockpick.com
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