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BP, CERP, SSHO Wednesday's Watchlist & Charts Inside !!!


LevelStock.com Newsletter

LevelStock.com Newsletter June 9th 2010.


BP PLC (NYSE:
BP)


Gulf oil leak may be bigger than BP says

While BP is capturing more oil from its blown-out well with every passing day, scientists on a team analyzing the flow said Tuesday that the amount of crude still escaping into the Gulf of Mexico may be considerably greater than what the government and the company have claimed.

Their assertions -- combined with BP's rush to build a bigger cap and its apparent difficulty in immediately processing all the oil being collected -- have only added to the impression that the company is still floundering in dealing with the catastrophe.

Read Complete Press Release 
http://finance.yahoo.com/news/Gulf-oil-leak-may-be-bigger-apf-2682321000.html?x=0&sec=topStories&pos=main&asset=&ccode=



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Cereplast, Inc. (NASDAQ:
CERP)


Cereplast Expects to Ship 16 Million Pounds of Bioplastics in 2010

CERP a leading manufacturer of proprietary bio-based, sustainable plastics, announced today that it expects to produce and ship approximately 16 million pounds of their proprietary bio-plastic resins to customers in 2010, representing a 400% increase in shipments compared to 2009.

Cereplast recently entered into new global distribution agreements with a number of companies, including multi-billion dollar corporations Ashland Distribution, a commercial unit of Ashland Inc. (NYSE: ASH) and Bunge Alimentaris, a Brazilian subsidiary of Bunge Limited, a contributing factor to the rise in shipment estimates. To support growing sales volume, the Company recently opened a new state-of-the-art production facility in Seymour, Indiana. The move to the new plant, which was relocated from Southern California, also has significantly reduced real estate and utility costs for the compan



Read Complete Press Release

http://finance.yahoo.com/news/Cereplast-Expects-to-Ship-16-bw-2196963881.html?x=0&.v=1



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South Shore Resources Inc. (PINKSHEETS: SSHO)




SSHO will be starting the day out with news. The company released the following Press Release after market close yesterday.

South Shore Resources Welcomes and Supports New National Greenhouse Gas Auto Emission and Efficiency Standards for the United States & Canada

Read Complete Press Release
http://finance.yahoo.com/news/South-Shore-Resources-iw-1242787803.html?x=0&.v=1


***SSHO's 3 month chart. Take notice SSHO trading above the 50 MA !!!

 





 
Stay Tuned. Happy Trading !


LevelStock.com



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