Published:
Thursday's Watch List: OPSY, HOG, HGLC, GM
Our list of stocks to watch for Thursday
include: Optical Systems, Inc. (PINKSHEETS: OPSY), Harley-Davidson (NYSE: HOG), Hunt Gold Corporation (PINKSHEETS: HGLC), General Motors (NYSE: GM).
Optical Systems, Inc. (PINKSHEETS: OPSY) today announced that they have
signed a Letter of Intent to enter into a Joint Venture agreement with
Text-4-Cars.com. The joint venture allows OPSY to offer "Save-A-Deal" to
the Canadian market with a partner that already has established
relationships with auto dealers. The Joint Venture will also give OPSY a
new product line with substantial revenue potential that positions the
company to outperform their current forecasted estimates.
Harley-Davidson beats by $0.19, beats on revs; reaffirms FY08 EPS guidance
(NYSE: HOG): Harley-Davidson Inc. said Thursday its second-quarter profit
fell sharply as a weak economy, record-high gas prices and lower consumer
confidence continued to hobble the iconic motorcycle maker's shipments and
sales. The results beat Wall Street estimates. Analysts polled by Thomson
Financial expected earnings of 76 cents per share on $1.4 billion in
revenue, on average.
Hunt Gold Corporation (PINKSHEETS: HGLC): Hunt Gold traded has high as $.01
on massive volume of over 88 million shares on share buyback and sale of
their American Molygold mining interests.
General Motors (NYSE: GM): Shares of U.S. automakers rocketed Wednesday as
Wall Street took comfort in GM's announcement that it was cutting its work
force and production and suspending its dividend in an effort to stay
solvent in an increasingly challenging market.
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