Wall Street News Alert's "stocks to watch" this morning are: INCA Designs Incorporated (PINKSHEETS: IDGI), Copernic Inc. (NASDAQ: CNIC), Centene Corp. (NYSE: CNC) and Platinum Energy Resources, Inc. (OTCBB: PGRI).
INCA Designs, Inc. (PINKSHEETS: IDGI) continues to issue a string of positive news, and investors should have their eyes on this company! This morning, the company, a boutique design house distributing sophisticated collections of swimwear and resort wear, issued a press release announcing that it is approaching orders of $500K for its Resort 2008 Collection.
This is additional great news for IDGI investors, as the press release states that the initial demand demonstrates a viable market for INCA Designs and its line of swimwear, resort wear and accessories! "We believe the orders we've been receiving to date are just the beginning," said Stacy Josloff, CEO of INCA Designs, Inc. "We are focused on growing INCA and its brands throughout the world. With the opening of two stores coming very soon in the fashion mecca of the world -- New York City, we are taking another major step forward by introducing our dynamic collections to thousands who want to experience them firsthand. In addition, our margins are very attractive which gives us the ability to increase our bottom line giving shareholders real value."
Hirsch also said the company is committed to increasing its exposure and overall revenues through retail distribution other than its own locations. The company is concentrating its efforts on building its brand with a major presence through retailers being one of its main goals.
Wall Street News Alert is continuing to alert aggressive investors to watch INCA Designs closely! INCA's unique designs, innovative sourcing, product positioning, wide range of price points, and commitment to branding attracts a customer seeking a "resort lifestyle experience." INCA's cross-generational collection emphasizes beautiful fabrics and great fit. Recognizing a void in the market for luxury-inspired swimwear, resort wear and accessories at an accessible price point, INCA's collection embodies cohesive, sophisticated, yet wearable clothing and accessories for women and girls of all ages and backgrounds.
Prominently featured in the top fashion publications of Vogue, Elle, InStyle, and Town & Country, the INCA line is a favorite among celebrities including Denise Richards, Kelly Ripa, and Carmen Electra. INCA products are available at luxury departments and specialty stores including Barneys New York, Scoop, and Intermix, and can also be purchased online. Flagship boutique stores in New York and Miami are slated to open in late 2007.
The stock closed Tuesday at $1.43 a share.
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Copernic Inc., (NASDAQ: CNIC) up 13% on 4.4 million shares traded.
Copernic Mobile enables a user to utilize a mobile device to remotely and securely search and access content from their own PC, including emails, files, music, pictures and videos. The application is easily installed and requires no special configuration from the user. Using advanced technologies, the product seamlessly adapts the content of documents for quick and easy viewing on mobile devices.
Centene Corporation (NYSE: CNC) up 7.7% on 2.4 million shares traded.
Centene Corporation is a leading multi-line healthcare enterprise that provides programs and related services to individuals receiving benefits under Medicaid, including the State Children's Health Insurance Program (SCHIP) and Supplemental Security Income (SSI). The Company operates health plans in Florida, Georgia, Indiana, New Jersey, Ohio, South Carolina, Texas and Wisconsin. In addition, the Company contracts with other healthcare and commercial organizations to provide specialty services including behavioral health, health management, long-term care, managed vision, nurse triage, pharmacy benefits management and treatment compliance.
Platinum Energy Resources, Inc. (OTCBB: PGRI) up 1.1% on 1.8 million shares traded.
Platinum Energy, based in Montvale, New Jersey, is a special purpose acquisition corporation seeking to acquire assets or operating businesses in the global oil and gas exploration and production industry. Platinum Energy will seek to build a portfolio of assets using multiple acquisitions subsequent to its first. Platinum Energy's strategy calls for the use of hedge financing to maximize profit and reduce risk resulting from volatile energy markets.
"Countrywide Financial, the nation's largest mortgage lender, said Tuesday that they are trying to refinance or modify loans valued up to $16 million. The aim is to target 80,000 mortgage holders who are in risky variable rate mortgages and in danger of default. The company reports results this Friday and is expected to have large losses," stated Sonja Rudd in Wall Street News Alert's daily commentary continued at: http://www.WallStreetNewsAlert.com.
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