StockProfit.com Featured Company News: US Farms, Inc. (OTCBB: USFI) Expects Excellent Winter Harvest of Asparagus
StockProfit.com also announces New Small Cap Highlight (OTCBB:WLSA) and Chart of the Week (NASDAQ: SVNT)
(EMAILWIRE.COM, January 07, 2008 ) Los Angeles, CA ---January 7th, 2008 ---- StockProfit.com Featured Company US Farms, Inc. (OTCBB: USFI) announced Monday that the company is currently harvesting its annual winter Asparagus crop.
Seventy to Eighty percent of the United States domestic supply of fresh Asparagus is grown in California. Statewide, the harvest season is from January 15 to June 30. Each year "Winter" Asparagus is harvested in the Imperial Valley, CA by US Farms, Inc. which currently grows 140 acres of Asparagus. The harvest moves north as the weather warms in the spring. Asparagus fields are harvested by hand every 1 to 3 days depending on how quickly marketable sized spears are emerging, a function of soil and air temperature.
Darin Pines, Chief Operating Officer of US Farms, Inc., stated, "US Farms, Inc. is one of the only domestic growers currently harvesting Asparagus at this time of the year, making it a great market time for us. We had a very good harvest in 2007 and I am looking forward to our 2008 harvest and the sales results that we will achieve this growing season."
US Farms, Inc. President Yan K. Skwara stated, "We are very pleased thus far with our Asparagus growing and cutting conditions in the fields. This year's first quarter is a bit different from last year's first quarter in that sales of Tomato and Garlic are included in this year's numbers. Last year first quarter sales generated approximately $1.7 Million in sales including only Asparagus and Aloe Vera. The Company anticipates exceeding last year's sales figures for the first quarter."
For more information, visit http://www.stockprofit.com/profiles/usfi
StockProfit.com also reports on particularly strong performers in the OTCBB market, and on Monday, Tony Golan, StockProfit.com’s Chief Technical Analyst, highlighted Wireless Age Communications, Inc. (OTCBB: WLSA) as the StockProfit.com Small-Cap Highlight for the week starting January 7th, 2008.
Mr. Golan stated “WLSA spent all of 2006 and most of 2007 in a long-term down-trend, making lower highs and lower lows below a declining 200-day moving average (the red line on the chart above). However, In September and October WLSA hugged the 200-day moving average, and in November it was able to rally above it. Since then, WLSA has gone from a low of 0.12 to a new 52-week high of 0.35 on Friday”.
For the full details, visit http://www.stockprofit.com/smallcap
Also on Monday, Mr. Golan featured Savient Pharmaceuticals, Inc. (NASDAQ: SVNT) as his Chart of the Week.
According to Mr. Golan, “Savient Pharmaceuticals, Inc. (NASDAQ: SVNT) is starting a strong new long-term up-trend. SVNT spent most of 2007 in a broad sideways trend, consolidating between 10 and 15, roughly. However, in late November, SVNT hit a low of 11.70 just below the 200-day moving average, and since then has been rallying sharply, hitting a high of 24.55 last Thursday. Relative Strength Differential (RSD), our proprietary indicator for selecting stocks in super-strong up-trends, is well above the 25% threshold, indicating that the stock is far outperforming the S&P 500, and that this move is likely to be only the beginning of a much longer-term move”.
For the full details, visit http://www.stockprofit.com/chart
About StockProfit.com
StockProfit.com specializes in using technical analysis to identify stocks in particularly powerful up-trends, then pinpoint the optimal time to enter these stocks. Additionally, StockProfit.com is an online resource for aggressive risk-tolerant market participants who wish to learn about select growth companies and other ideas that could offer potentially superior investment returns. Research and due diligence tools such as Company Profiles, Technical Trading Alerts, detailed investment opinion reports, and regular email updates of Featured Companies are some of the services we provide to our readership. For more information, visit http://www.stockprofit.com
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Special Offer: The StockProfit Momentum Stock Trader by Tony Golan is a nightly email letter, including broad market analysis, intermediate-term trades, swing trades and daytrades. All trades include clear, concise trading instructions, spelling for you exactly where to buy, how to place your order, where to place your protective sell-stop and when to sell. The Momentum Stock Trader concentrates only on the strongest momentum stocks in the market. Subscribe now and begin benefiting from the strong stocks uncovered by Tony Golan’s RSD indicator at http://www.stockprofit.com/trades
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Disclaimer: Copyright© 2008 StockProfit™. All rights reserved. StockProfit™ is an independent electronic publication providing information on select public companies. StockProfit™ is not a registered investment advisor or broker-dealer. There is a risk of loss in all of trading. Past performance is no indication, nor guarantee of future results. The information contained herein is believed to be accurate. This update is provided as an information service only, and the statements and opinions in this update should not be construed as an offer or solicitation to buy or sell any security. In no event shall StockProfit™ and/or its publisher, P.A. Relations or any of its employees or affiliates, be liable for any direct, incidental, consequential, indirect or punitive damages whatsoever arising out of the use of the Information, or for any errors or omissions in the content thereof, including, but not limited to, from any investment loss, damage or expense incurred by any investor resulting from the Information, or from the purchase or sale of any profiled company or any company which we make commentary. We recommend using good-'till-cancelled stop orders to minimize losses in the event of an adverse price movement. We have not been compensated by company(ies) mentioned above in any way. We do not hold any positions whatsoever in the above mentioned company(ies) except for the following : US Farms, Inc (OTC BB: USFI ) we have been compensated 250,000 Rule 144 shares by the Company for Profile Coverage.
CONTACT: Alan Klitenic , P.A. Relations TEL: 818 334 4469 EMAIL: amk@stockprofit.com
Seventy to Eighty percent of the United States domestic supply of fresh Asparagus is grown in California. Statewide, the harvest season is from January 15 to June 30. Each year "Winter" Asparagus is harvested in the Imperial Valley, CA by US Farms, Inc. which currently grows 140 acres of Asparagus. The harvest moves north as the weather warms in the spring. Asparagus fields are harvested by hand every 1 to 3 days depending on how quickly marketable sized spears are emerging, a function of soil and air temperature.
Darin Pines, Chief Operating Officer of US Farms, Inc., stated, "US Farms, Inc. is one of the only domestic growers currently harvesting Asparagus at this time of the year, making it a great market time for us. We had a very good harvest in 2007 and I am looking forward to our 2008 harvest and the sales results that we will achieve this growing season."
US Farms, Inc. President Yan K. Skwara stated, "We are very pleased thus far with our Asparagus growing and cutting conditions in the fields. This year's first quarter is a bit different from last year's first quarter in that sales of Tomato and Garlic are included in this year's numbers. Last year first quarter sales generated approximately $1.7 Million in sales including only Asparagus and Aloe Vera. The Company anticipates exceeding last year's sales figures for the first quarter."
For more information, visit http://www.stockprofit.com/profiles/usfi
StockProfit.com also reports on particularly strong performers in the OTCBB market, and on Monday, Tony Golan, StockProfit.com’s Chief Technical Analyst, highlighted Wireless Age Communications, Inc. (OTCBB: WLSA) as the StockProfit.com Small-Cap Highlight for the week starting January 7th, 2008.
Mr. Golan stated “WLSA spent all of 2006 and most of 2007 in a long-term down-trend, making lower highs and lower lows below a declining 200-day moving average (the red line on the chart above). However, In September and October WLSA hugged the 200-day moving average, and in November it was able to rally above it. Since then, WLSA has gone from a low of 0.12 to a new 52-week high of 0.35 on Friday”.
For the full details, visit http://www.stockprofit.com/smallcap
Also on Monday, Mr. Golan featured Savient Pharmaceuticals, Inc. (NASDAQ: SVNT) as his Chart of the Week.
According to Mr. Golan, “Savient Pharmaceuticals, Inc. (NASDAQ: SVNT) is starting a strong new long-term up-trend. SVNT spent most of 2007 in a broad sideways trend, consolidating between 10 and 15, roughly. However, in late November, SVNT hit a low of 11.70 just below the 200-day moving average, and since then has been rallying sharply, hitting a high of 24.55 last Thursday. Relative Strength Differential (RSD), our proprietary indicator for selecting stocks in super-strong up-trends, is well above the 25% threshold, indicating that the stock is far outperforming the S&P 500, and that this move is likely to be only the beginning of a much longer-term move”.
For the full details, visit http://www.stockprofit.com/chart
About StockProfit.com
StockProfit.com specializes in using technical analysis to identify stocks in particularly powerful up-trends, then pinpoint the optimal time to enter these stocks. Additionally, StockProfit.com is an online resource for aggressive risk-tolerant market participants who wish to learn about select growth companies and other ideas that could offer potentially superior investment returns. Research and due diligence tools such as Company Profiles, Technical Trading Alerts, detailed investment opinion reports, and regular email updates of Featured Companies are some of the services we provide to our readership. For more information, visit http://www.stockprofit.com
-----------------------------------------------------------------------------------------------------
Special Offer: The StockProfit Momentum Stock Trader by Tony Golan is a nightly email letter, including broad market analysis, intermediate-term trades, swing trades and daytrades. All trades include clear, concise trading instructions, spelling for you exactly where to buy, how to place your order, where to place your protective sell-stop and when to sell. The Momentum Stock Trader concentrates only on the strongest momentum stocks in the market. Subscribe now and begin benefiting from the strong stocks uncovered by Tony Golan’s RSD indicator at http://www.stockprofit.com/trades
-----------------------------------------------------------------------------------------------------
Disclaimer: Copyright© 2008 StockProfit™. All rights reserved. StockProfit™ is an independent electronic publication providing information on select public companies. StockProfit™ is not a registered investment advisor or broker-dealer. There is a risk of loss in all of trading. Past performance is no indication, nor guarantee of future results. The information contained herein is believed to be accurate. This update is provided as an information service only, and the statements and opinions in this update should not be construed as an offer or solicitation to buy or sell any security. In no event shall StockProfit™ and/or its publisher, P.A. Relations or any of its employees or affiliates, be liable for any direct, incidental, consequential, indirect or punitive damages whatsoever arising out of the use of the Information, or for any errors or omissions in the content thereof, including, but not limited to, from any investment loss, damage or expense incurred by any investor resulting from the Information, or from the purchase or sale of any profiled company or any company which we make commentary. We recommend using good-'till-cancelled stop orders to minimize losses in the event of an adverse price movement. We have not been compensated by company(ies) mentioned above in any way. We do not hold any positions whatsoever in the above mentioned company(ies) except for the following : US Farms, Inc (OTC BB: USFI ) we have been compensated 250,000 Rule 144 shares by the Company for Profile Coverage.
CONTACT: Alan Klitenic , P.A. Relations TEL: 818 334 4469 EMAIL: amk@stockprofit.com
Contact Information:
P.A. Relations
Alan Klitenic
Tel: 818-334-4469
Email us
This is a press release. Press release distribution and press release services by EmailWire.Com: http://www.emailwire.com/us-press-release-distribution.php.
P.A. Relations
Alan Klitenic
Tel: 818-334-4469
Email us
This is a press release. Press release distribution and press release services by EmailWire.Com: http://www.emailwire.com/us-press-release-distribution.php.
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