Investor Go Long for These Stocks ( REED, CRMD, CPSS, PCL )

Los Angelas, CA -- (SBWIRE) -- 10/17/2012 -- Reeds, Inc. (NCM:REED) is +0.44 - +5.58% from the previous close of $7.89. It traded between $7.86 - 8.40 with total traded volume of 435007 shares. Keep a close eye on REED, as the stock has been showing unusual moves over the past weeks. At Current market price, REED has recovered +657.27% from its 52-week Low of 1.10 and has Pulled back -0.83% from its 52-week high of 8.40. Reed’s, Inc. (NASDAQ: REED), maker of the top-selling sodas in natural food stores nationwide, announced today that it has recently gained authorization for Reed’s and Virgil’s brands in Tops Friendly Markets, a 153 store supermarket chain headquartered in Williamsville, NY. “The new authorization of Reed’s and Virgil’s brands at Tops Friendly Markets increases our availability in the upstate NY marketplace. Our brands will be going into their newly expanded craft soda section in the mainstream beverage aisle. This partnership with Tops is yet another significant move into mainstream channels for Reed’s. For more than 50 years, Tops Friendly Markets have been recognized for having strong brand recognition and retail presence, driving solid market share in the areas that they operate.

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Shares of CorMedix Inc Comm (AMEX:CRMD) are trading at $0.70 and is +160.92% from its 50-day Moving Average price of $0.2683 and +159.05% from its 200-day Moving Average price of $0.2702. The average trading volume is 16085 shares and its market capitalization is $7.9M. CorMedix Inc (NYSEAMEX: CRMD) among the gainers and the stock moved up 36.36% to $0.9.The Company announced thereceipt of ISO 13485:2003 certification. ISO 13485 is awarded by TÜV SÜD and is the globally recognized standard that outlines consistent international processes for the design and manufacturing of medical. The Company expects a final review and determination regarding its CE Mark application by the end of fourth quarter 2012.

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Shares of Consumer Portfoli (NGM:CPSS) are trading at $3.9755 and is +29.85% from its 50-day Moving Average price of $3.0617 and +80.16% from its 200-day Moving Average price of $2.2066. The average trading volume is 27066 shares and its market capitalization is $77.7M. Consumer Portfolio Services Inc (NASDAQ:CPSS) soared 13.71% to $3.98 on a traded volume of 118k shares.The Company reported third-quarter net income of $2.7 million or $0.11 per share compared to net loss of $4.0 million or $0.20 per share in the previous year period. Revenues for the quarter increased 42% to $47.92 million.

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Plum Creek Timber (NYSE:PCL) reported EPS of 1.09. For the Current Fiscal year, the company is expected to report EPS of 1.12. For the Next Quarter and Next Year, the company is expected to report EPS of 0.36 and 1.45 respectively. At Current Market Price, PCL is in distance of +2.86% from its 50-day Moving Average price of $42.6597 and +8.99% from its 200-day Moving Average price of $40.2604. Plum Creek Timber Co. Inc.(NYSE:PCL) shares climbed 1.40% and closed at $43.54 in the previous trading session. Zacks upgraded shares of Plum Creek from a neutral rating to an outperform rating in a research report released this month. Zacks currently has $51.00 price target on the stock. Separately, analysts at Bank of America upgraded shares of PCL from an underperform rating to a neutral rating in a research note to investors on September 14. They now have a $47.00 price target on the stock.

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