WESTON, Fla., July 14, 2004 (PRIMEZONE) -- Wall Street News Alert's "stocks to watch" this morning are: Bad Toys Inc. (OTCBB:BTOI), Home Depot (NYSE:HD), Fastenal Company (Nasdaq:FAST) and DUSA Pharmaceuticals Inc. (Nasdaq:DUSA).
Aggressive investors and traders should keep their eyes on Bad Toys Inc. (OTCBB:BTOI) this morning! Yesterday after the markets closed, the company issued a press release announcing that it has entered into a Letter of Intent to acquire Gambler Motorcycle Company, Inc.
This could be great news for investors! Gambler's tradition of innovative excellence continues with their newest endeavor, their motorcycle division, which specializes in custom motorcycles and components. Gambler frames are manufactured from 4,130 chromolly tubing and certified aircraft aluminum billet pieces. The individual pieces are designed on a cad-cam system and manufactured on the latest CNC equipment to insure quality and fit. Each custom-made Gambler Motorcycle will not only provide comfort, performance, and safety, it will also reflect the individual personality of the rider. Gambler Motorcycle Company promises a "one-of-a-kind" custom motorcycle for each of its owners, and with Gambler's background in the motor sports industry, it's more than a promise -- it's a guarantee.
Larry Lunan, BTOI's president and chief executive officer stated, "This will be a highly synergistic acquisition, as there will be a vertical integration component coupled with the new product line. We are highly pleased that Gambler will become a member of our family."
Investors need to keep watching this company! Bad Toys and Gambler Motorcycle hope to come to a definitive agreement by July 31, 2004 in which Bad Toys expects to acquire 100 percent of Gambler Motorcycle Company, Inc.
The stock closed yesterday at $1.75 a share.
In case you are not familiar with the company: Bad Toys, Inc. is a Nevada corporation engaged in the business of manufacturing and selling custom V-Twin motorcycles, custom street rods and provides brokerage service to custom, classic cars, and motorcycle owners.
Gambler Motorcycle is known worldwide in the high speed racing industry as the innovative builder of the most successful, dependable, and widely used sprint cars available. Gambler Competition Sprint Cars won the 1997 World of Outlaw Championship, 1997 World of Outlaw Rookie of the Year, and was voted 1997 World of Outlaw Manufacturer of the Year. Gambler's more than 20 years of expertise in the design and manufacturing of frames and custom specialty racing parts can be found in NHRA, Nascar, Busch Grand National, and several Winston Cup Racing Teams. For more information please visit their Web site at www.gamblermotorcycles.com.
Stocks showing interesting activity yesterday at the close of the regular trading day were: Home Depot Inc. (NYSE:HD) up 0.5% on 4.9 million shares traded, Fastenal Company (Nasdaq:FAST) up 9.5% on 3.1 millions shares traded and DUSA Pharmaceuticals Inc. (Nasdaq:DUSA) up 10.9% on 525,600 shares traded.
Commentary:
"'The leader of the pack' is not just an old time song; Fortune magazine lists Wal-Mart Stores Inc., as the largest company as measured by revenue, $257 billion, for the third straight year, followed by Exxon Mobil Corp. at $213.2 billion, General Motors at $195.6 billion, Ford Motor Co., $195.6 billion and General Electric Co., $134.2 billion," stated Sonja Rudd in Wall Street News Alert's daily commentary continued at: http://www.WallStreetNewsAlert.com.
WSNA's email alert service is free to those investors who sign up on the WSNA home page. The alert service is designed to notify investors of undervalued and often overlooked stocks. Subscribers are introduced to Special Situation companies that have the potential of showing increased activity. The Wall Street News Alert home page has experienced over 20 million hits. To subscribe to this free service, visit the Wall Street News Alert home page at http://www.wallstreetnewsalert.com and select the "join now" button.
-- Wall Street News Alert is not affiliated with faxes bearing the names Wall Street Stock Alert or Wall Street News Alert! --
Wall Street News Alert is a division of Wall Street Capital Funding LLC (WSCF). WSCF is not a registered broker/dealer and may not sell, offer to sell or offer to buy any security. WSCF profiles are not a solicitation or recommendation to buy, sell or hold securities. An offer to buy or sell can be made only with accompanying disclosure documents from the company offering or selling securities and only in the states and provinces for which they are approved. The material in this release is intended to be strictly informational. The companies that are discussed in this release have not approved the statements made in this release nor approved the timing of this release. All statements and expressions are the sole opinion of WSCF and are subject to change without notice. Information in this release is derived from a variety of sources including that company's publicly disseminated information, third parties and WSCF research. The accuracy or completeness of the information is not warranted and is only as reliable as the sources from which it was obtained. WSCF disclaims any and all liability as to the completeness or accuracy of the information contained and any omissions of material fact in this release. The release may contain technical inaccuracies or typographical errors. It is strongly recommended that any purchase or sale decision be discussed with a financial adviser, or a broker-dealer, or a member of any financial regulatory bodies. Investment in the securities of the companies' discussed in this release is highly speculative and carries a high degree of risk. WSCF is not liable for any investment decisions by its readers or subscribers. Investors are cautioned that they may lose all or a portion of their investment if they make a purchase in WSCF profiled stocks.
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. WSCF has been compensated twenty thousand dollars for coverage of Bad Toys Inc. (OTCBB:BTOI), by third parties (Alex Consulting Inc. and Audra Inc.), who are non-affiliated and may hold a significant position in the stock, for services provided including dissemination of company information in this release. WSCF holds no shares of the stock. WSCF may receive shares for extension of its services. Any shares will be disclosed at such time that WSCF is aware of a clients 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. Market commentary provided by Sonja Rudd.
This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may," "future," "plan" or "planned," "will" or "should," "expected," "anticipates," "draft," "eventually" or "projected". You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a companies' annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and WSCF undertakes no obligation to update such statements.