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(EMAILWIRE.COM, September 16, 2009 ) New York, NY - The Peter Leeds Penny Stock newsletter is pleased to announce initiation of coverage on Allied Defense Group (ADG), a $40 million company trading on the AMEX. ADG will be profiled to subscribers of the penny stock newsletter, with a full company report, ongoing updates, and buy and sell price opinions for both the short and long term timeframes.
To achieve coverage from the demanding Peter Leeds penny stock team, the company must first pass Leeds Analysis, a 29 point analytic that looks at all aspects of a company, and uncovers those sub-$5 and and penny stock companies with the greatest upside and the most solid fundamentals.
"Allied Defense is a well-run, well-managed company, with a strong fundamental base," commented Peter Leeds, CEO of PennyStocks.com, Inc. "We like their revenue levels and long history of operational successes, in good times and bad."
Leeds went on to mention that, "Allied is a strong value play, with partial degree of insulation against downside risk. Going forward, we like their prospects, especially since they have recently gone back to their roots and increased their business focus on ammunition, while detaching from some of the unnecessary and distracting aspects of their operations."
Each year, only about 100 penny stock companies are profiled by the Peter Leeds newsletter, while over 95% of the investments they review don't pass Leeds Analysis. This strict and demanding review process ensures that subscribers to Peter Leeds Penny Stock are presented with the best of the best investments trading below $5, with the greatest upside potential.
About Peter Leeds Penny Stock
Having sold over 30,000 subscriptions since inception, Peter Leeds Penny Stock has become one of the most widely followed stock pick publications available. With a full team, they analyze and profile penny stock investments of the highest quality. Learn more at www.PennyStocks.com.
About Allied Defense Group
Allied Defense Group trades on the American Stock Exchange under the ticker symbol ADG. They manage a portfolio of defense and security businesses, and have a market capitalization of approximately $40 million.
Peter Leeds, Inc.
Tammy Johnson
1.866.695.3337
questions@peterleeds.com 
Source: EmailWire.com
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