Aggressive Investment Tips for Thursday!
2003-12-11 09:15 (New York)
Aggressive Investment Tips for Thursday!
NOTE TO EDITORS: The Following Is an Investment Opinion Being Issued
by Wall Street Capital Funding.
WESTON, FL -- (MARKET WIRE) -- 12/11/03 -- Wall Street News Alert's
"stocks to watch" this Thursday morning are: Consumer Direct of
America (OTC BB: CDIT), Lucent Technologies Inc. (NYSE: LU), Ivanhoe
Energy Inc. (NASDAQ: IVAN) and 8x8 Inc. (NASDAQ: EGHT).
Aggressive investors are sure to pay close attention to Consumer
Direct of America (OTC BB: CDIT) this morning! Yesterday after the
markets closed, the company issued a press release announcing the
continuation of its expansion and the latest addition to its national
roll-out plan!
The company, a leading consolidator in the mortgage brokerage
industry, who recently entered the Northern California real estate
market through the acquisition of ProMortgage, is making a move to
fortify its position in the area by opening its Northern California
Regional Office in the heart of San Francisco. The branch will
provide administrative, technical, and banking support for the
Northern California Region and its 50-plus licensed mortgage and real
estate professionals.
"Having invested over $1 million in the build-out of our technology
and backbone infrastructure at our Las Vegas headquarters, we have the
capacity and appetite to support a large number of new regional
branches. We are generating a tremendous number of leads and we look
forward to having local staff in the San Francisco market that can
benefit from our lead generation technologies. This new corporate
office, in conjunction with our recent acquisition of the regional
'hub' of ProMortgage in Marin County, creates a strong foothold for
us in the high-value Northern California real estate market," stated
Mr. Michael Barron, CEO and Chairman of Consumer Direct of America.
Keep you eye on this one! Consumer Direct of America is a leading
consolidator of the growing mortgage brokerage business. The Company
currently employs over 350 people, 240 of which are residential
mortgage real estate brokerage professionals who have closed loan
volume of over $330 million and $50 million in real estate sales for
the year ended December 31, 2002. The company also plans to have 20
regional hubs across the U.S. by the end of 2004. The Company's core
competence in direct-to-consumer marketing technologies and methods
results in efficiency rates that are up to 150% higher than industry
averages. Watch this one! The stock closed yesterday at Thirty-Seven
cents a share.
Stocks showing interesting activity yesterday were: Lucent
Technologies Inc. (NYSE: LU) down 4.4% on 81.2 million shares traded,
Ivanhoe Energy Inc. (NASDAQ: IVAN) up 28.7% on 58.8 million shares
traded and 8x8 Inc. (NASDAQ: EGHT) down 21.7% on 11.4 million shares
traded.
Commentary: Smarter Shopping
"With up to 40% of retail sales happening between Thanksgiving and
Christmas, it makes sense to know what you're buying. One easy way is
to go to www.reselleratings.com, here you will be able see what
people say and rate about a product. Shoppers just like you talk
about the 'The good, the bad, and the ugly' (one of my favorite Clint
Eastwood flicks) of a product," stated Sonja Rudd in Wall Street News
Alert's daily commentary continued at:
wallstreetnewsalert.com.
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