Wall Street News Alert's "stocks to watch" this morning are: ER Urgent Care Centers (PINKSHEETS: ERUC), Elan Corporation (NYSE: ELN), Immunomedics, Inc. (NASDAQ: IMMU) and Telestone Technologies Corporation Ltd. (NASDAQ: TSTC).
ER Urgent Care Centers (PINKSHEETS: ERUC) is on the move and investors are going to want to watch the stock very closely. Monday after the markets closed, the company, a one-stop-shop where patients can receive premier health care, after-hours, at a fraction of the cost of emergency room visits, issued a press release announcing that it has signed Ulysses Felder as General Counsel.
This could be great news for ERUC, as Mr. Felder has an extensive background in both acquisitions and mergers! He has been general counsel for Hall Investments and worked as an attorney for Ruden McCloskey. The press release states he has been on the management team of Lockheed-Martin and MCI telecommunications in Washington, DC. Mr. Felder has a degree from Florida State University and a Masters from Central Michigan University and his Juris Doctorate degree from Clarke School of Law.
"We are very proud to have added such a prominent attorney to our team. His extensive background in both investments and acquisitions will be a major part of our future growth," said Jerry Miller, Founder.
Wall Street News Alert is placing Aggressive Investors on alert to monitor the progress ER Urgent Care Centers! The company also stated last week that it has filed its SB-2 registration with the Security and Exchange Commission. The company had announced previously its intention of becoming a fully reporting company under the 1934 Act, and today made it official. Furthermore, the press release states that the company is next filing to be listed on the OTCBB following the effectiveness of the SB-2.
"This is a monumental day for ER Urgent Care Center we are now poised to move forward as a fully reporting company with the next step the OTCBB," said Jerry Miller. "Upon the effectiveness of the registration we will make a public announcement for the benefit of our shareholders and future shareholders."
Before the news was released, ERUC closed Monday at around Nine cents a share.
ERUC Management Company Inc. operates ER Urgent Care Centers in the South Florida area. The "true, bona-fide," "Urgent Care Center" is a one-stop-shop where patients can receive premier health care, after-hours, at a fraction of the cost of emergency room visits. With the "Urgent Care Center" model emergency rooms will no longer lose money on ER patients with minor injuries and illnesses and the HMOs will no longer have to pay exorbitant claims for non-admitted patients. ER Urgent Care Centers create a win-win situation for everyone, filling the financial and service gap between primary care physicians (PCPs) and hospital emergency rooms.
Elan Corporation (NYSE: ELN) up 8.1% on 10.4 million shares traded. Elan Corporation is a neuroscience-based biotechnology company committed to making a difference in the lives of patients and their families by dedicating itself to bringing innovations in science to fill significant unmet medical needs that continue to exist around the world.
Immunomedics, Inc. (NASDAQ: IMMU) up 11.3% on 2.1 million shares traded. Immunomedics is a New Jersey-based biopharmaceutical company focused on the development of monoclonal, antibody-based products for the targeted treatment of cancer, autoimmune and other serious diseases.
Telestone Technologies Corporation Ltd. (NASDAQ: TSTC) up 9.1% on 1.2 million shares traded. Telestone provides wireless communications coverage solutions primarily in the PRC. These solutions include products such as repeaters, antennas and radio accessories. Telestone also provides services that include project design, project management, installation, maintenance and other after-sales services. Telestone currently has approximately 556 employees.
"This week also will be released numbers for the CPI, the Consumer Price Index, which is a key measure of inflation," stated Sonja Rudd in Wall Street News Alert's daily commentary continued at: http://www.WallStreetNewsAlert.com.
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This profile is not without bias, and is a paid release. WSCF has been compensated for dissemination of company information on behalf of one or more of the companies mentioned in this release. For present services performed for ER Urgent Care Holdings (PINKSHEETS: ERUC), WSCF has been compensated One Million Five Hundred and Fifty Thousand shares (One Million Two Hundred and Fifty Thousand shares for current and Three Hundred Thousand shares for previous services) of ER Urgent Care Holdings, by a third party (Ron Berman), who is non-affiliated and may hold a significant position in the stock. WSCF has sold Nine Hundred and Twenty Five Thousand of those shares, as of this release, and intends to immediately continue selling its shares as this release is being circulated. WSCF has been previously compensated a total of Twenty Five Thousand Dollars in 2007 by the company, for services provided including dissemination of company information. In 2005 and 2006, WSCF was compensated for previous services performed for ER Urgent Care Holdings Inc. WSCF may receive additional compensation for extension of its services. Any additional compensation will be disclosed at such time that WSCF is aware of a client's desire to extend the original services. WSCF may have received shares of a company profiled in this release prior to the dissemination of the information in this release. WSCF may immediately sell some or any shares in a profiled company held by WSCF and may have previously sold shares in a profiled company held by WSCF. WSCF's services for a company may cause the company's stock price to increase, in which event WSCF would make a profit when it sells its stock in a company. In addition, WSCF's selling of a company's stock may have a negative effect on the market price of the stock.
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