Stock Market Alerts’ performance stock list includes: Unicorp, Inc. (OTCBB: UCPI), Newmont Mining Corporation (NYSE: NEM), Goldman Sachs Group, Inc. (NYSE: GS), Progressive Corporation (NYSE: PGR).
Unicorp Inc., (OTCBB: UCPI), is back on a roll! The company (engaged in the acquisition, development, exploration and production of crude oil and natural gas) issued a press release announcing that it expects to triple its gross profit in fiscal 2007 to approximately $3,000,000 versus 2006 of approximately $760,000 and to be profitable from operations during the first quarter of 2007, excluding non-cash charges.
We told you to watch this one. Unicorp has evaluated its current production and prospects in inventory, of which several are in various phases of drilling operations, and believes that a 300% increase in gross profit is very attainable. This guidance updates the previous guidance announced on November 8, 2006.
Investors should continue to watch this company very closely! “2006 has been a record year where we believe we have laid a solid foundation to build on as we move into 2007,” stated Kevan Casey, CEO of Unicorp. “2007 is also expected to be another record year of growth and we are very excited about the opportunities that we currently have and expect them to contribute significantly in the coming year.”
Unicorp’s stock closed yesterday at Fifty Three cents a share.
For a profile on Unicorp, visit: http://www.wallstreettradingalerts.com/UCPI120606.html
Unicorp, Inc is primarily engaged in the acquisition, development, exploration and production of crude oil and natural gas. Its focus is on aggressively acquiring working interests in crude oil and natural gas properties with the intent of exploration and development or by enhancing production through the use of modern development techniques such as horizontal drilling, satellite technology and 3-D seismic. The company’s goal is to achieve a high return on its investment by limiting its up-front acquisition costs, by quickly developing its acquisitions and by practicing a sound and smart approach to oil and gas exploration and development.
Other Stocks of interest yesterday were:
Newmont Mining Corporation (NYSE: NEM) down 1.4% on 6.4 million shares traded. Newmont Mining Corporation is gold exploration company.
Goldman Sachs Group, Inc. (NYSE: GS) up 1.6% on 4.1 million shares traded. Goldman Sachs is one of the leading global investment banking, securities and investment management firm that provides a wide range of services worldwide to a substantial and diversified client base that includes corporations, financial institutions, governments and high net worth individuals.
Progressive Corporation (NYSE: PGR) up 5.5% on 8.7 million shares traded. The Progressive Group of Insurance Companies ranks among the top in the nation for auto insurance based on premiums written and provides drivers with competitive rates and 24/7, in-person and online service.
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