PennyTrader.com Presents Today’s Midday Stock Report: VIBE, LBSR, ATPG
The June ISM Index came in worse than expected at 49.7 vs. the 52.2 Briefing.com consensus, and down from May’s 53.5 reading. This data was a disappointment. The better than expected May Construction Spending was a minor offset, as it rose 0.9% month/month vs. the +0.2% Briefing.com consensus.
Equities have seen a sharp negative response to the ISM data, as the S&P is now -0.4% after showing slight gains ahead of the release.
VIBE - Trade Alert
Up 144.80% in morning trading to $.0306 with 14M shares traded
Vidable, Inc. is a development stage video based e-commerce marketplace company which intends to connect merchants and customers via streaming video, mobile technology and social media. Vidable is establishing a business model that will simplify the e-commerce marketplace that connects buyers and sellers. The company intends to operate a next-generation website that incorporates streaming video and mobile technology and uses various best- of-breed features. Vidable.com will be a centralized Internet portal that allows consumers to find information about various products and services through businesses and consumer posted videos on a local basis. Vidable, Inc. (VIBE) today announced their plan to sell Vidable licenses to allow third parties to sell Vidable digital media services under the Vidable brand for a monthly fee.
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LBSR – News Alert
Up 36.36% in morning trading to $.033 with 2M shares traded
Liberty Star Uranium & Metals Corp. (LBSR: OTCBB) is an Arizona-based mineral exploration company engaged in the acquisition and exploration of mineral properties in the states of Arizona and Alaska. Currently the company controls properties totaling approximately 160,000 acres (about 250 square miles) which are located over what management considers some of North America’s richest mineralized regions for uranium, copper, gold, silver and molybdenum (moly). Liberty Star Uranium & Metals Corp. announced that the Company has received updated, geophysical ZTEM electromagnetic imagery of the south block of its Big Chunk Super Project (“BCSP”) in southeastern Alaska.
To Read Full Story go to: http://www.pennytrader.com/
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ATPG – News Alert
Up 18.53% in morning trading to $3.98 with 4M shares traded
ATP Oil & Gas is an international offshore oil and gas development and production company with operations in the Gulf of Mexico, Mediterranean Sea and the North Sea. ATP Oil & Gas Corporation (ATPG) and its wholly-owned subsidiary ATP East Med B.V. (“ATP East Med”) today announced success at the Shimshon well in the Levant Basin of offshore Israel. The Shimshon well encountered more than 62 feet (19 meters) of natural gas pay in the Bet Guvrin sands. The Shimshon well is in a water depth of 3,622 feet (1,104 meters) and was drilled to a subsea depth of 14,445 feet (4,403 meters).
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