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TINY Proshares Nanotechnology ETF

44.73
0.6741 (1.53%)
Last Updated: 17:53:45
Delayed by 15 minutes
Name Symbol Market Type
Proshares Nanotechnology ETF AMEX:TINY AMEX Exchange Traded Fund
  Price Change % Change Price High Price Low Price Open Price Traded Last Trade
  0.6741 1.53% 44.73 44.73 44.73 44.73 165 17:53:45

The Following is an Investment Opinion Release Issued By Intellivest Securities Research, Inc.

19/06/2009 2:59pm

PR Newswire (US)


Proshares Nanotechnology... (AMEX:TINY)
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Launch of Daily Blog about Dow Jones 30 Companies; Research Report on Harris & Harris Group as Speculative Buy ATLANTA, June 19 /PRNewswire/ -- Intellivest Securities Research, Inc., ("ISR") a Georgia registered investment advisor, has launched a daily blog that will digest and post information culled from major morning print newspapers and the SEC website about the 30 companies that comprise the Dow Jones Industrial Average. Also, ISR has published a Report on Harris & Harris Group, Inc. (NASDAQ:TINY), a venture capital firm that invests in "tiny technology." The Report may be obtained by contacting the contact information above. The Daily Blog at http://www.intellivestsecurities.com/ is the brainchild of Daniel Kolber, the CEO of ISR. Each morning he reads the print editions of, among others, Wall Street Journal, New York Times, USA Today, Investor's Business Daily, Financial Times and Atlanta Journal Constitution and summarizes on the Blog stories about the Dow Jones 30 component companies. He also reviews the SEC website. The Blog also updates certain basic information about the Dow not usually reported such as the average closing price, the median closing price and the closing numerator. Kolber said, "Most people don't realize that each week day at page C4 of the Wall Street Journal the divisor of the Dow is reported. By multiplying the closing Dow by the Divisor and dividing the change in the Dow by the Divisor the results help to unlock the secrets of the Dow." According to Kolber, there is so much information about the stock market, it is impossible to keep up. Instead, he recommends on a daily basis concentrating on the 30 blue chip companies that comprise the Dow. The result is a feel for the ebb and flow of the market. Kolber said, "I compare it to when you were in school and by the end of the year you were pretty familiar with all 30 kids in your class. You would be surprised at how much expertise you can easily obtain about the 30 Dow companies if you just make a consistent effort. The results can be very helpful in analyzing the overall stock market. Our Blog is designed to help you obtain this expertise on a daily basis." The Research Report rates Harris & Harris as a Speculative Buy because at current valuation levels, with strong financials, and a strong management team, Harris represents a good opportunity for an investor to participate in the venture capital arena in the exciting field of nanotechnology. Harris has no debt and has investments in approximately 32 companies. The Report states that Harris & Harris faces a number of risks noting that Charles Harris, a co-founder, Chairman and CEO, retired on 12/31/08. An extended recession could hurt their portfolio. About the Report Intellivest Securities Research, Inc.'s research is distributed by Intellivest Securities, Inc., (FINRA, SIPC, RIA, SIFMA), whose Office of Supervisory Jurisdiction is located at 1540 Chase Court, Riverdale, GA. 30296-2610. Please read the Research Report for certain disclaimers and disclosures. Daniel H. Kolber, author of the Report (and the Daily Blog), holds these licenses: Series 24, 87, 53, 4, 87, 65; is a member of the Georgia, New York, Florida and Virginia Bars, and has the B.A. from Boston University, the J.D. from University of Virginia School of Law and the Ll.M. from New York University School of Law. He is a member of Mensa, has been credited with inventing the zero coupon convertible note for use in the private sector and is the inventor of the Kolber Formula, a tool for lawyers to compute punitive damages. Intellivest Securities Research, Inc. is a member of the Financial Industry Regulatory Authority, CRD number 145022. DATASOURCE: Intellivest Securities Research, Inc. CONTACT: Daniel H. Kolber, President of Intellivest Securities Research, Inc., +1-678-595-9746, Web Site: http://www.intellivestsecurities.com/

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