9-24-10 Daily Small Cap Market News and Stock Highlights from SmallCapVoice.com

Stephen Bernard, AP Business Writer

Stocks jump as the news improves on manufacturing

Stocks rise after manufacturing growth; business confidence jumps in Germany

NEW YORK (AP) — Stocks resumed a September rally Friday following better news about the European economy and an unexpected jump in orders for manufactured goods last month.

The Dow Jones industrial average rose 173 points in morning trading and is heading for a fourth week of gains. That would be the longest winning streak since stocks rose to their highest levels of the year in late April.

A surprise jump in business confidence in Germany also tempered worries about Europe's economy, driving stocks higher in Europe and the U.S. Stocks had fallen Thursday following a report that business activity slowed in the 16 countries that used the euro.

Gold prices climbed again, briefly touching $1,300 an ounce, as many investors remained cautious. The dollar fell.

Industrial stocks including General Electric Co., Caterpillar Inc. and United Technologies Corp. gained after the Commerce Department reported that orders for durable goods excluding transportation rose last month at their fastest pace in five months. The increase was double what economists polled by Thomson Reuters had expected.

Yesterday's Top Performing Small Cap Stock:

Suffer (Pink Sheets: ENTK)

Suffer was a SmallCapVoice.com top performer closing up over 12% on trading volume of 26,535 shares.

SUFFER (Pink Sheets:ENTK) recently announced that company Director Frank Mir was contacted by reps at Universal Republic about being featured in a Music Video featuring Frank training for his fight against Mirko Cro Cop.

Today's SmallCapVoice.com Hot Stock to Watch:

Tootie Pie Company TOOT

Tootie Pie Company, Inc. recently announced that unit sales for August 2010 were up 10%, versus August, 2009.

Other Small Cap News

GSE Systems, Inc. (NYSE Amex: GVP)

GSE Announces Award of Second AP1000 Nuclear Power Plant Simulator in the U.S.

SYKESVILLE, Md.–(BUSINESS WIRE)–GSE Systems, Inc. (GSE) (NYSE Amex:GVP), a leading global provider of real-time simulation and training solutions to the power, process, manufacturing and Government sectors, announced today the award of a multi-million dollar contract to engineer and build Westinghouse AP1000TM nuclear power plant simulator models for SCANA Corporation's V.C. Summer Plant site located in South Carolina. This marks the second AP1000 simulator contract in the U.S.

NGAS Resources, Inc. NGAS

NGAS Resources Advances Weir Oil and Gas Development

LEXINGTON, Ky., Sept. 23, 2010 (GLOBE NEWSWIRE) — NGAS Resources, Inc. NGAS announced today that its first horizontal Weir test well is ready to be placed on pump, and its second horizontal Weir test well will be treated September 27th with a 12-stage foam frac. Drilled in the Roaring Fork field to a vertical depth of 3,600 feet, the horizontal portion on the second well extends 2,500 feet.

Angeion Corporation ANGN

Angeion Corporation Reports Strong Initial Activity Under its Stock Repurchase Program

ST. PAUL, Minn.–(BUSINESS WIRE)–Angeion Corporation ANGN today announced that it has successfully commenced repurchases under its recently modified stock repurchase program. On September 22, 2010, the Company executed a single block purchase of approximately 100,000 shares at a repurchase price of $4.25 per share..

Entrée Gold Inc. (NYSE Amex: EGI)

EntrÉE Gold Discovers New Mineralized Porphyry Copper System at Yerington, Nevada

VANCOUVER, Sept. 23 /PRNewswire-FirstCall/ – Entrée Gold Inc. EGI provides an update on its on-going exploration programs in the Yerington district of Nevada. The company is exploring a large tract of land in the western portion of the developing Yerington copper camp. The highlight of Entrée's program to date is the discovery of a new mineralized porphyry copper occurrence. This previously unknown mineralized system lies within the Roulette property, which is subject to an option agreement with Bronco Creek Exploration Inc. (a wholly-owned subsidiary of Eurasian Minerals Inc. – TSX.V:EMX – collectively “Bronco Creek”)

Onstream Media Corporation ONSM

Onstream Media to Receive $900,000 Investment from Lincoln Park Capital Fund, LLC

Investment Priced at Premium to Market

POMPANO BEACH, Fla., Sept. 24 /PRNewswire-FirstCall/ — Onstream Media Corporation ONSM, a leading online service provider of live and on-demand Internet broadcasting, corporate web communications and virtual marketplace technology, announced today that on September 17, 2010 it signed an agreement to sell its securities to Lincoln Park Capital Fund, LLC (“LPC”), a Chicago-based institutional investor. Under the agreement, LPC has agreed to invest gross proceeds of $900,000 in Onstream in exchange for 300,000 shares of common stock at $1.25 per share, preferred shares convertible into 420,000 shares of common stock at a fixed conversion price of $1.25 per share and a one-time commitment fee of 50,000 common shares. $1.25 per share represented an approximately 34% premium to the closing bid price of $0.93 per ONSM share on September 16, 2010, the day prior to entering into the agreement. Under the agreement, LPC will also receive warrants to purchase 540,000 shares of ONSM common stock at $2.00 per share.

MTR Gaming Group, Inc. MNTG

MTR Gaming Group Repays $11.5 Million of Debt and Enters into Amendment to Credit Agreement

CHESTER, W. Va.–(BUSINESS WIRE)–MTR Gaming Group, Inc. MNTG (the “Company”) announced today that it has repaid the total amount of $10.0 million outstanding under its credit agreement with Aladdin Credit Advisors, L.P., as administrative agent, which provides for a $20.0 million senior secured delayed-draw term loan credit facility. In connection with the repayment, the Company executed an amendment to the credit agreement which, among other things, permits the re-borrowing of the $10.0 million that was repaid, establishes minimum future borrowing amounts and increases prepayment premiums.

Exar Corporation EXAR

Soros Fund Buys $10.5M Worth of Exar

NEW YORK (TheStreet) — Which insiders are selling and buying chunks of stocks?

Below are lists of the top 10 open-market insider purchases and sales filed at the Securities and Exchange Commission Thursday as ranked by dollar value. Company executives and directors are in the best position to assess the attractiveness of their firms' shares, and here is how many of them are voting their wallets! Please note, however, that these are factual lists, not buy and sell recommendations. Dollar value is only one metric to assess the importance of an insider transaction.

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