RockingStocks.com Releases Three Stock Picks in the Gold, Uranium and Solar Sectors

, PA (PressExposure) December 30, 2008 -- RockingStocks.com has released three stock picks. All three are penny stocks in different sectors. The first penny stock pick discussed below operates in the gold sector in Africa, the second of the penny stock picks is on the cutting edge of the solar power market, while the third stock pick released by RockingStocks.com operates in the uranium production space.

Russ Urban, founder of RockingStocks.com commented, “RockingStocks.com releases these three stock picks on the heels of several recent stock pick successes.”

RockingStocks.com Stock Pick: Nevsun Resources Ltd. (NSU)

Stock Price: $0.41

Nevsun Resources, Ltd., through its subsidiaries, engages in the acquisition, exploration, development, and production of mineral properties. It primarily focuses on properties with gold, as well as base metal, such as copper and zinc resources/reserves in Africa.

NSU is a small cap gold company trading at a market cap of less than $55 million. It has received a lot of attention in the past and has now pulled back. We believe gold stocks will continue to shine now that gold prices are back in an uptrend. Small cap gold stocks could provide the biggest gains for investors in the gold mining sector.

NSU is trading significantly off of its highs of $2.50+ from earlier this year and off its short-term high of $0.74 in a recent uptrend. Gold moved off its sideways pattern and reached a high above $820 and has now corrected down to around $780 where it has begun to stabilize. We expect gold prices to move back above $800 and challenge $900 in the short-term and in the long-term we believe we will see gold up over $1,000 per ounce as inflation attracts investors to gold mining stocks.

NSU received approval on October 30th for an $89 million commitment to the development of the company’s Bisha Project. The development of this project places NSU in a favorable position to take advantage of rising gold prices. The company has commented that the project has low site operating costs throughout the projected mine life and high returns. Production is expected to start on this project is during Q2 2010. We expect this project to be priced into NSU shares moving forward.

RockingStocks.com Stock Pick: EMCORE Corporation (EMKR)

Stock Price: $1.62

EMCORE Corporation is a leading provider of compound semiconductor-based components and subsystems for the broadband, fiber optic, satellite and solar power markets.

The solar sector has suffered and EMKR has suffered along with it, but we expect the solar sector to rise and become hot again. We believe EMKR is a real bargain right now trading at a market cap of only around $125 million.

EMKR is trading significantly below its book value of $3.74. EMKR has created a new concentrated photovoltaic (CPV) technology that holds a more efficient solar cell than those created by FSLR’s thin-film technology. EMKR could win a lot of new solar business with their new technology. FSLR has been a leader in the CPV space moving from under $50 to over $300 at one point.

If EMKR’s solar technology catches on, we could see EMKR become a major play from its current level. In the past, EMKR moved from the $4.00 level to close to $16.00.

RockingStocks.com Stock Pick: Denison Mines Corporation (DNN)

Stock Price: $0.79

Denison Mines Corporation is a premier intermediate uranium producer in North America, with mining assets in the Athabasca Basin region of Saskatchewan, Canada and the southwest United States including Colorado, Utah, and Arizona. Further, the Company has ownership interests in two of the four conventional uranium mills operating in North America today.

For the third quarter, DNN sold 517,000 pounds of uranium at an average price of approximately $64.75 per pound. DNN expects uranium production in 2009 to increase by approximately between 25% and 50%.

Several nuclear reactors are being constructed around the world and several more are in the planning stage. Uranium demand will surge as these nuclear reactors start to come online. We believe uranium prices will surge from where they're at now and investors will look back wishing they had invested in a uranium producer like DNN.

DNN is working off of its lows right now and is a real value at its current price with short-term potential to move higher as well significant long-term potential. General Electric has been investing huge in nuclear related projects. DNN is well-positioned to take advantage of the opportunity in the nuclear wave.

RockingStocks.com searches great companies and stocks in the right point in their stock chart and in the right sector. We believe the stock picks above will become hot stocks in the short term.

About RockingStocks.com:

RockingStocks.com is one of the best stock market sites on the Internet, releasing stock picks, small cap stocks, stock updates, stock information, intraday stock alerts and daily stock analysis. RockingStocks.com is focused on stock picks that can create large percentage point returns for investors. Visit RockingStocks.com for more stock picks, stock market articles and stock updates.

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This press release is the opinion of RockingStocks.com. RockingStocks.com is not a registered investment advisor and nothing contained in any materials released by us should be construed as a recommendation to buy or sell any securities. Please read our legal disclaimer at [http://rockingstocks.com/legal%20disclaimer.html].

About SpeculatingStocks.com, Inc.

Contact Person : Russ Urban
Email: marketing@rockingstocks.com
Street Address : Maple Street
City : Indiana
State : PA
Country : United States
Pincode : 15701
Phone No. : 7242482184
Fax No. : 7242482184

Press Release Source: http://PressExposure.com/PR/SpeculatingStocks.com,_Inc..html

Press Release Submitted On: December 23, 2008 at 6:36 am
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