4 Active Stocks on Traders' Radar Screens for 04/12/12: AERN, SNPK, MU, BAC
April 12 2012 - 1:45PM
Marketwired
FinancialNewsMedia.com "stocks to watch" for today: AER Energy
Resources, Inc. (PINKSHEETS: AERN), Sunpeaks Ventures, Inc. (OTCBB:
SNPK), Micron Technology, Inc. (NASDAQ: MU), Bank of America (NYSE:
BAC).
Breaking News Alert: Thursday before the markets opened for
trading, AER Energy Resources, Inc. (PINKSHEETS: AERN) was pleased
to announce it has entered into a 50/50 Partnership to participate
in reworking nine shallow oil wells in Kansas. The Company will
rework each of the nine wells through proven secondary recovery
techniques and take part in drilling up to four additional new
off-set wells, while continuing to utilize the latest proven
drilling technologies for maximum efficiency, and cost
effectiveness.
Stanley F. Wilson, AER Energy Resources, Inc. President and CEO,
stated, "AER Petroleum, Inc. under the watchful eye of its
President Al Karmali, plans to complete the Kansas reworks this
summer and will begin secondary recovery operations in July." Mr.
Wilson added, "Funding for the participation and
related drilling expense has been committed and reworks are
expected to produce up to 20 BOPD and $60,000.00 in new monthly
revenues upon completion."
Al Karmali, AER Petroleum President, stated, "CNCB recently
reported that Oil Companies have already reaped fortunes off the
Mississippian Lime Play in Oklahoma and are now following the rock
formation northward into Kansas, where millions of acres of mineral
rights have been leased in the past two or three years. We are
right on top of the Oil play in KS and look forward to completing
the reworks so we can begin the off-set drilling of wells within
this formation."
Read the entire AERN press release announcing the new
partnership along with their full disclosure here:
http://www.financialnewsmedia.com/stock-investing-business-investing-news/featured-news.php?id=146
As Energy Resource Companies are gaining major attention through
the investment community, investors are urged to research this
stock further. AERN is currently trading up 6% on 11.1Mil
shares.
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Sunpeaks Ventures, Inc. (OTCBB: SNPK) recently announced that
HDS has entered into an agreement with DS Healthcare Limited to
assist in introducing Clotamin to the UK/EU market. SNPK is up over
9% and 9Mill shares traded so far today (4/12/12).
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Micron Technology, Inc. (NASDAQ: MU) recently announced results
of operations for its second quarter of fiscal 2012, which ended
March 1, 2012. For the second quarter, the company had a net loss
attributable to Micron shareholders of $224 million, or $0.23 per
diluted share, on net sales of $2.1 billion. MU is up over 3% on
17.7Mil shares so far in Thursday's trading session.
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Bank of America (NYSE: BAC) was recently ranked second overall
among the world's top financial institutions and was the highest
ranked U.S.-based global financial company in the recently released
Bloomberg Markets magazine's "Greenest Banks" report. This
distinction adds to the growing list of global recognition Bank of
America has received for the lending, investing and advisory
services it provides under the company's 10-year, $20 billion
environmental business initiative, as well as operational
achievements.
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