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Microcap & Penny Stocks : Rat dog micro-cap picks... -- Ignore unavailable to you. Want to Upgrade?

To: Bucky Katt who wrote (45560)	7/6/2012 2:17:12 PM
From: Rangle	Read Replies (1) \| Respond to of 48461

Equities are trading just off their session lows, after gapping down on the disappointing employment data and drifting lower off the open. June nonfarm payrolls came in at 80K vs. the 100K Briefing.com consensus. The unemployment rate was reported at 8.2% vs. the 8.2% Briefing.com consensus. Futures saw an immediate downside reaction to the weaker than expected data, and recovery attempts since then have been limited. In U.S. corporate news, Seagate Technology (STX 24.42, -0.67) is down 3% after it issued disappointing guidance for its fiscal fourth quarter. Seagate expects to report revenue of approximately $4.5 billion, which is below the consensus expectation for closer to $4.9 billion. Non-GAAP gross margin is now expected to be 33.6%, which is below the prior forecast of 34.5%. Peer Western Digital (WDC 30.29, -0.39) is down 1.3%... Informatica (INFA 30.53-12.83) is down by 27% after it issued downside second quarter guidance, citing a changing macroeconomic environment in Europe... In other news, Deutsche Bank (DB 33.56, -1.88) are lower by 5% following reports that a German financial regulator is looking into the company with regard to Libor. Technology continues to be the worst performing sector, down 2.1% vs. the broad market decline of 1.3%, with the Informatica and Seagate warnings weighing. Materials, Industrials and Energy are also underperforming. Defensive sectors such as Utilities fwiw