J. David Powers Named President and CEO of Berman Stevens & Co.

Online, November 6, 2010 (Newswire.com) - Berman Stevens & Co., LLC is pleased to name J. David Powers as its new President and CEO. Powers was employed by Cowen & Co. (formally SG Cowen Securities) from 1998 - 2003, playing a vital role in their success. He left Cowen in August 2003 in order to pursue a career as a self-employed stock trader, and has spent the past 7 years as one of the most successful and influential Micro Cap and Nano Cap investor in the country, amassing returns of well in excess of 1000%. Powers brings both Wall Street and entrepreneurial experience, as well as personal integrity, to the firm.

J. David Powers commented, "I am looking forward to leading Berman Stevens & Co. in a new and exciting direction. As the market regains its confidence after the 2008 drubbing, there exists a renewed enthusiam for high risk/reward equities. However, investing in small company stocks can be challenge, and their volatile nature lends itself to unscrupulous stock promotion. My goal for Berman Stevens is to aggressively capitalize on market opportunities that arise in this under-analyzed space, and to become the most trusted authority on stocks in which trade with market caps of less $50 million. "