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Summer doldrums start early Dow sliding back to 12K, stocks to watch PRKR, MPET

|Includes:Magellan Petroleum Corporation (MPET), PRKR

Hot Stock Picks for Friday 06-03-11

Summer doldrums this year started early, DOW is sliding back to 12000.

When trading gets tough you know where to turn. We fished out couple Small Caps for you.

Stocks to Watch

PRKR – ParkerVision designs and develops proprietary radio frequency (NYSE:RF) technologies and products for use in semiconductor circuits for wireless communication products. The company offers its wireless technologies for processing RF waveforms in wireless applications. Bounce Back, Speculative play, could be very rewarding.

MPET - Magellan Petroleum, Very interesting company with assets and operations in conflict FREE premium regions of the world. The company's assets are located in its marketing is focused mainly in Australia, the United States, Canada, and the United Kingdom. Its assets include 2 petroleum production leases covering the Mereenie oil and gas field, and 1 petroleum production lease in Australia; and 17 licenses in the United Kingdom.

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Stocks: MPET, PRKR