Market Watch: China Armco Metals -- February 9, 2010
09 Februar 2010 - 3:35PM
Marketwired
Stock Market Alerts' performance stock list includes: China Armco
Metals, Inc. (OTCBB: CNAM), Century Aluminum Company (NASDAQ:
CENX), Freeport-McMoRan Copper & Gold Inc. (NYSE: FCX) and
United States Steel Corporation (NYSE: X).
China Armco Metals, Inc. (OTCBB: CNAM) announced that it has
received approval to list its common stock on NYSE Amex. The
Company anticipates it will begin trading on NYSE Amex beginning
Wednesday, February 10, 2010 under the symbol CNAM.
Commenting on the listing, Mr. Kexuan Yao, CEO and Chairman of
China Armco Metals, Inc., stated, "We are extremely pleased to
receive approval for listing from the NYSE Amex. This is an
important step in the growth of our company as we look to enhance
our corporate visibility and strengthen our shareholder base. We
have worked hard to position our company to meet the stringent
requirements of the exchange and are honored to join the NYSE Amex
group of companies. We are confident that this listing will
significantly enhance our corporate image in the U.S. capital
markets as we continue to grow our business in the coming
years."
The stock closed yesterday at $3.45 cents a share.
For an in-depth profile of China Armco Metals, visit
http://www.wallstreetenews.com/view-company-profiles.php?profile=CNAM_080909.
Century Aluminum Company (NASDAQ: CENX) down 2.6% on 4.8 million
shares traded. Century Aluminum Company owns primary aluminum
capacity in the United States and Iceland.
Freeport-McMoRan Copper & Gold Inc. (NYSE: FCX) down 1.4% on
23.9 million shares traded. FCX is a leading international mining
company with headquarters in Phoenix, Arizona.
United States Steel Corporation (NYSE: X) down 1.4% on 16.5
million shares traded. United States Steel Corporation is one of
the leading steel company's in the U.S.
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of this release, and hereafter referred to as "the company." The
company also maintains a contractual, working relationship with
Wall Street Capital Funding LLC. and its Wall Street News Alert
brand. For current services performed for China Armco Metals, Inc.
(OTCBB: CNAM), China Direct Industries, Inc. ("China Direct
Industries"), Dragon Capital Group Corp, China America Holdings,
and Dragon International Group Corp., the company has been
compensated a total of Three Hundred Thousand Dollars (Two Hundred
and Fifty Thousand dollars for current services and Fifty Thousand
dollars for previous services) by China Direct Investments Inc., a
Florida corporation, and a wholly owned subsidiary of China Direct.
The company does not hold any shares of the stock. Because the
company received compensation for its services, there is an
inherent conflict of interest in the company statements and
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OTCBB:CNAM NASDAQ:CENX NYSE:FCX NYSE:X
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