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American
Day at a Glance
(Updated 3 Times a Day) American Day
at a Glance provides American market and financial
updates three times a day. Its updated right after the
market open, midday and right after the markets close
for the day. [click here for today's
market update]
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Penny
Stocks In Play
(Updated 2 Times a Day)
12:01 EST - General Automotive Company : announced the operating
agreement terms for their newly created joint
venture named Advanced Composite Technology, LLC
(ACT). General Automotive and SenCer recently
formed the ACT joint venture to develop,
commercialize and market SenCer’s groundbreaking
UltraTemp™ ceramic composite materials for
accelerating the development of
energy-efficient, environmentally friendly fuel
cell technologies. ACT’s groundbreaking
technology solves the two most persistent
problems in fuel cell design; cost and
durability, by replacing expensive platinum
conductors with co-fired proprietary ceramic
conductive layers. The technology will also
enable the design of more sophisticated oxygen
sensors to help maximize fuel economy and
minimize exhaust emissions for motor vehicles
worldwide. General Automotive Company
(OTCBB:GNAU)
shares are trading up $0.11
at
$0.51. Shares are trading up
28 per cent on
the day.
12:03 EST - API Nanotronics Corp. : announced a $4.7 million
order from Rockwell Collins for custom
communication components. The order, received by
API's National Hybrid division, is for a series
of custom MIL 1553 multi chip modules (MCMs),
hybrids and custom packaged transistors for
defense communications applications. The order
will be delivered over a maximum of 32 months.
API holds a significant patent portfolio
covering the hybrid and packaging technologies
that will be incorporated into these devices.
API Nanotronics Corp.
(OTCBB:APIO) shares are trading even
at
$0.08.
[click here for more stocks in play]
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Penny
Stocks To Watch
September 1 to September 5, 2008
AirTran Holdings Inc.
Symbol: AAI
Exchange: NYSE
Industry: Airlines
[click here for more details]
China TechFaith
Wireless Communication Technology Ltd.
Symbol: CNTF
Exchange: NASDAQ
Industry: Telecommunications Equipment
[click here for more details]
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General
Automotive Company
General Automotive
Company (“GA”) is a global provider of parts, accessories and
advanced technology for the automotive industry. GA, which is
focused on expanding its growth platform through the
acquisition of successful niche manufacturing companies in the
automotive industry, currently has two wholly owned
subsidiaries – OE Source and Global Parts Direct – and a joint
venture, Advanced Composite Technologies LLC, to develop
next-generation oxygen sensors and hydrogen fuel cells. GA
uses its relationships with manufacturers in China, Korea and
Japan to bring state-of-the-art parts and accessories to
automobile manufacturers and major parts distributors in the
U.S.
[click here for details]
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