Xtremepicks.com: SRCP & LBSR - Time to get busy !

Aug. 28, 2010 - PRLog -- Good evening xtremepicks.com members.


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The markets ended the session on a high note today.
Gold was up and Oil was strong on the session.


At the close of trade this Friday here is what is making headlines:

   * Stocks gain as Bernanke, GDP reassure investors- AP
   * Investors flee Treasurys on Bernanke's remarks- AP
   * Bernanke speech shows effort to find Fed consensus- AP
   * Paul Allen sues major tech co's, including Google- AP
   * United, Continental to help Southwest in Newark- AP
   * CEO: J&J let down public, must work to build trust- AP
   * Boeing again delays first delivery of 787- AP
   * Iowa approved egg farm tied to 'habitual violator'- AP
   * Economic growth slows to 1.6 pct. in the spring- AP


We've discovered an interesting play that could very easily light up the tape next week.





SRCP closed out the day at $0.0045, good for a gain of 50% on the day with 11.6M shares crossing the tape on the session.

The chart on SRCP has massive breakout written all over it. Today's close puts us just over the prior highs and we've seen a noticeable increase in volume recently. SRCP has formed a rounded bottom and is gaining ground daily, pulling away from the now up sloping 50 Day Moving Average.
 




Founded in September 2005, SRCP has quickly become the United States' fastest-growing talent acquisition professional services firm, with more than 70 offices opened since inception.

SRCP engages in the identification, qualification, acquisition, and retention of human capital. The company focuses on corporate placement activities, including talent acquisition, business development, and the creation of a national accounts program. Its services to its clients comprise executive search, interim search, project fulfillment, advertisement selection, consulting, training, video conferencing, employee personality testing and assessment, interview consulting, pre-employment screening, and outplacement. The company also provides a range of services to the candidates in various industries.

Here's a run down to get you started on your weekend DD.

Companies website: www.searchpath.com

Company Officers: Thomas K. Johnston - Dir., CEO & President - Amy Johnston - Vice President

Company Directors: Thomas K. Johnston, Dir., CEO & President.

Estimated Market Cap: $7,966,422 as of Aug 26, 2010

Outstanding Shares: 2,655,473,919 as of Mar 31, 2010

Authorized Shares: 4,000,000,000 as of Mar 31, 2010

Float (shares): 1,398,833,919 as of Mar 31, 2010





We may have seen some impressive action in the large caps today but the action in LBSR was even better. Closing the day at $0.117 up close to 6% on the day with 4.1M shares changing hands.

As the days turn into weeks and the weeks into months our gains in LBSR have risen from 500% to 2000% and we are currently sitting at 2900% on the nose. In today's volatile news driven tape it's hard to find a solid trending play. The choppy price action of late has whipped traders out around and chewed up their capital in the process. Steady runners like LBSR are very hard to come by in this tape and we will continue to stay with this winner.  





LBSR engages in the acquisition and exploration of mineral properties in Arizona and Alaska. It holds interests in North Pipes Super Project with 1,757 Federal lode mining claims in northern Arizona on the Arizona Strip; Big Chunk Super Project with 707 mineral claims in the Iliamna region of southwestern Alaska; and Bonanza Hills Project with 56 mineral claims in the Iliamna region of southwestern Alaska. The company focuses on the exploration of uranium, copper, gold, molybdenum, silver, and zinc properties.

Check out the companies website at www.libertystaruranium.com for detailed information on their projects.

Some additional plays on our radar include: EIGH, KATX, QASP, QSGIQ & HFBG


As always make sure you do your due diligence on alerts, tweets and stock picks.

Stay tuned to Xtremepicks.com your stock trading connection.

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Xtremepicks.com team of excellence strives to find undervalued, good momentum stock plays. We provide financial and investor relations services for small to mid-cap stocks with weekly and special newsletters to keep you informed of the latest movers.