Message #32 From:
StockProfit.com Date: January 7, 2008 12:43:54 PM
StockProfit.com Featured Company News: US Farms, Inc. (OTCBB: USFI) Expects Excellent Winter Harvest of Asparagus
StockProfit.com also announces New Small Cap
Highlight (OTCBB:
WLSA) and Chart of the Week (NASDAQ: SVNT)
Los Angeles, CA ---January 7th, 2008 ----
StockProfit.com Featured Company US
Farms, Inc. (OTCBB: USFI) announced Monday that the company is currently
harvesting its annual winter Asparagus crop.
Seventy to
Eighty percent of the United States
domestic supply of fresh Asparagus is grown in California. Statewide, the harvest season
is from January 15 to June 30. Each year "Winter" Asparagus is
harvested in the Imperial Valley, CA by US
Farms, Inc. which currently grows 140 acres of Asparagus. The harvest moves
north as the weather warms in the spring. Asparagus fields are harvested by
hand every 1 to 3 days depending on how quickly marketable sized spears are
emerging, a function of soil and air temperature.
Darin Pines,
Chief Operating Officer of US Farms, Inc., stated, "US Farms, Inc. is
one of the only domestic growers currently harvesting Asparagus at this time
of the year, making it a great market time for us. We had a very good harvest
in 2007 and I am looking forward to our 2008 harvest and the sales results
that we will achieve this growing season."
US Farms, Inc. President Yan K. Skwara stated,
"We are very pleased thus far with our Asparagus growing and cutting
conditions in the fields. This year's first quarter is a bit different from
last year's first quarter in that sales of Tomato and Garlic are included in
this year's numbers. Last year first quarter sales generated approximately
$1.7 Million in sales including only Asparagus and Aloe Vera. The Company
anticipates exceeding last year's sales figures for the first quarter."
StockProfit.com also reports on particularly strong performers
in the OTCBB market, and on Monday, Mr. Golan highlighted Wireless
Communications, Inc. (OTCBB: WLSA) as the StockProfit.com Small-Cap Highlight
for the week starting January 7th, 2008.
Mr. Golan stated “WLSA
spent all of 2006 and most of 2007 in a long-term down-trend, making lower
highs and lower lows below a declining 200-day moving average (the red line
on the chart above).However, In
September abd October WLSA hugged the 200-day moving average, and in November
it was able to rally above it.Since
then, WLSA has gone from a low of 0.12 to a new 52-week high of 0.35 on
Friday”
Also on Monday, Tony Golan, StockProfit.com’s Chief Technical
Analyst, has featured Savient Pharmaceuticals, Inc.(NASDAQ: SVNT) as his Chart of the Week.
According to
Mr. Golan, “Savient Pharmaceuticals,
Inc. (NASDAQ: SVNT) is starting a strong new long-term up-trend.SVNT spent most of 2007 in a broad sideways
trend, consolidating between 10 and 15, roughly.However, in late November, SVNT hit a low
of 11.70 just below the 200-day moving average, and since then has been
rallying sharply, hitting a high of 24.55 last Thursday.Relative Strength Differential (RSD), our
proprietary indicator for selecting stocks in super-strong up-trends, is well
above the 25% threshold, indicating that the stock is far outperforming the
S&P 500, and that this move is likely to be only the beginning of a much
longer-term move”.
StockProfit.com specializes in using technical analysis to
identify stocks in particularly powerful up-trends, then pinpoint the optimal
time to enter these stocks.Additionally, StockProfit.com is an online resource for aggressive
risk-tolerant market participants who wish to learn about select growth
companies and other ideas that could offer potentially superior investment
returns. Research and due diligence tools such as Company Profiles, Technical
Trading Alerts, detailed investment opinion reports, and regular email
updates of Featured Companies are some of the services we provide to our
readership. For more
information, visit http://www.stockprofit.com
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