SHREVEPORT, La., June 3, 2003 (PRIMEZONE) -- StockPickReport.Com makes these short-term stock recommendations:
CELESTICA INC SUB VTG (TSE:CLS) StockPickReport.Com Rating: STRONG SELL http://canada.stockpickreport.com/pr/CLS.htm
CELESTICA delivers electronics manufacturing services to original equipment manufacturers in the information technology and communications industries.
The short-term direction looks to be moving up for the stock's share volume. Near-term oscillating stochastic readings predict the stock is prepared for a descent to lower prices. Lastly, the stock's price headed up over the last week. Our research indicates significant downside ahead for CLS. We believe stop/losses should be raised in an attempt to preserve capital.
For clarification on how we rate CLS a STRONG SELL, please visit:http://canada.stockpickreport.com/pr/CLS.htm
Nexus Group International Inc. (TSE:NXS) StockPickReport.Com Rating: BUY http://canada.stockpickreport.com/pr/NXS.htm
NEXUS GROUP INTERNATIONAL is focused on technologies with a primary focus on the security market.
Based on short-term stochastics, we believe the stock will be moving higher.. The stock's price moved up in the last week. In conclusion, the short-term direction is picking up for NXS's share volume. Our research indicates probable upside for NXS from current prices. NXS could see gains from here but those gains may not be striking on a percent basis compared to a stock with a Strong Buy rating.
For clarification on how we rate NXS a BUY, please visit:http://canada.stockpickreport.com/pr/NXS.htm
Geomaque Explorations Ltd. (TSX Venture Exchange:GEO) StockPickReport.Com Rating: WEAK SELL http://canada.stockpickreport.com/pr/GEO.htm
GEOMAQUE EXPLORATIONS is an international mining company, which is produces gold at its wholly-owned Vueltas del Rio Mine in Honduras.
The stock's price headed upward over the last week. The recent trend for the stock's daily volume looks like it's getting weaker. The stock's current direction may soon be turned around, as argued by a reading of short-term oscillating stochastic charts. Our research indicates possible downside from current prices for GEO. However, we do not advise the opening of new short positions. Short-covering or an outright rally may be ahead for GEO.
For clarification on how we rate GEO a WEAK SELL, please visit:http://canada.stockpickreport.com/pr/GEO.htm
COMPTON PETE CORP (TSE:CMT) StockPickReport.Com Rating: BUY http://canada.stockpickreport.com/pr/CMT.htm
COMPTON PETROLEUM CORPORATION explores, develops and produces natural gas, natural gas liquids and crude oil in Western Canada.
The near-term trend for CMT's daily volume is slowing down. At the same time, based on short-term stochastics, we believe the stock will be moving higher. Cmt's closing price moved to higher ground over the last week or so. Our research indicates probable upside for CMT from current prices. CMT could see gains from here but those gains may not be striking on a percent basis compared to a stock with a Strong Buy rating.
For clarification on how we rate CMT a BUY, please visit:http://canada.stockpickreport.com/pr/CMT.htm
Case Resources Inc. (TSX Venture Exchange:CAZ) StockPickReport.Com Rating: SELL http://canada.stockpickreport.com/pr/CAZ.htm
CASE RESOURCES is an oil and gas exploration and production company.
CAZ's closing price headed lower over the last week. Trading volume is on the way down. Subsequently, short-term stochastics reflect levels commonly associated with a move lower. Our research indicates probable downside for CAZ from current prices. CAZ could see losses from here but those losses may not be striking on a percent basis.
For clarification on how we rate CAZ a SELL, please visit:http://canada.stockpickreport.com/pr/CAZ.htm
WHAT THESE RATINGS MEAN:
StockPickReport.Com uses a series of technical indicators to find stock moves before they happen. We use a scale of -10 to +10 to describe our opinion about the potential strength of a stock's upcoming move. Here is a guide for how to read our ratings:
+10 to +5 - We believe that the stock has a greater than average chance +to move higher.
+4 to +1 - We believe the stock has a good chance to move higher, +although the move may not be strong or long-lived. Many times +divergent indicators lead to a rating in this category.
-1 to -4 - We believe the stock has a good chance to move lower, although the move may not be strong or long-lived. Many times divergent indicators lead to a rating in this category.
-5 to -10 - We believe that the stock has a greater than average chance to move lower.
About StockPickReport.Com:
StockPickReport.Com is a stock research firm. Our daily commentary has regular, worldwide distribution. We are Registered Investment Advisors. We do not accept third-party compensation to make stock suggestions. We do not own shares of any stock we rate.
Investors are advised that this analysis is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy. This report does not have regard to the specific investment objectives, financial situation and the particular needs of any specific person who may receive this information. The information contained herein is based on sources that we believe to be reliable but is not guaranteed by us as being accurate and does not purport to be a complete statement or summary of the available data. Past performance is no guarantee of future results. Any opinions expressed herein are statements of our judgment as of the date of publication and are subject to change without notice. Reproduction without written permission is prohibited.