Dallas, TX -- (ReleaseWire) -- 07/08/2008 -- Today’s TraderNotes include: Universal Energy Corp. (OTCBB: UVSE), VeriSign Inc. (Nasdaq; VRSN), Cavium Networks Inc. (Nasdaq: CAVM), TerreStar Corp. (Nasdaq: TSTR), Medivation Inc. (Nasdaq: MDVN), Smurfit-Stone Container Corp. (Nasdaq; SSCC), UTStarcom Inc. (Nasdaq: UTSI), and Tronox Inc. (NYSE: TRX).
“Universal Energy Corp. (UVSE) shares continued yesterday’s 74% hike, climbing nearly 9% to 3 cents Tuesday morning. Universal Energy, an independent energy company, engages in the acquisition and development of crude oil and natural gas leases in the United States and Canada…
“Universal Energy recently announced the Caviar pipeline was completed July 1, 2008. Work has continued over the past few days finalizing the component installation on the production barge…”
“VeriSign Inc. (VRSN) shares are slightly up in early Tuesday morning, trading at $33.28. VeriSign provides infrastructure services that enable and protect interactions of voice, video, and data networks worldwide…
“VeriSign recently said its board elected the company's founder and first chief executive, Jim Bidzos, as chief executive and president and named him executive chairman, all on an interim basis. Bidzos replaced William A. Roper who resigned from VeriSign and its board…”
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Beacon Equity Research Disclosure
The analysts contributing to this report do not hold any shares of Universal Energy Corp. (OTCBB: UVSE). Additionally, the analysts contributing to this report certify that the views expressed herein accurately reflect the analysts' personal views as to the subject securities and issuers. The analyst(s) writing this report recognize and aspire to all of the CFA Institute Guidelines for Independent Research. Beacon Equity Research (“Beacon”) certifies that no part of the analysts' compensation was, is, or will be, directly or indirectly, related to the specific recommendation or views expressed by the analysts in the report. Beacon Equity Research and its affiliates have been compensated a total of seven thousand five hundred dollars directly from Pentony Enterprises for enrollment of UVSE in its research program and other services. This report is based on data obtained from sources we believe to be reliable, but is not guaranteed as to accuracy and does not purport to be complete. As such, the report should not be construed as advice designed to meet the particular investment needs of any investor. Any opinions expressed herein are subject to change.