SOURCE: Stock Market Alerts

January 09, 2008 08:40 ET

Emerging Stock to Watch: PLTG! January 9, 2008

NOTE TO EDITORS: The Following Is an Investment Opinion Being Issued by Stock Market Alerts.

MIAMI, FL--(Marketwire - January 9, 2008) - Stock Market Alerts' performance stock list includes: Platina Energy Group, Inc. (OTCBB: PLTG), Incyte Corporation (NASDAQ: INCY), PetroSouth Energy Corp (OTCBB: PSEG), Petrobras (NYSE: PBR).

Platina Energy Group, Inc. (OTCBB: PLTG) is on the move and should continue to have the attention of investors looking to possibly benefit from the energy sectors! Tuesday after the stock markets closed, the company, a fast growing E & P Company, issued a press release that it has met its promise to achieve positive revenues from oil sales for the third (3rd) fiscal quarter ending December 31, 2007.

This is additional great news for the company as the press release states that accordingly, the Company is on track to be operationally profitable within the next few months as previously forecasted by management!

"Thanks to expedited oil sales at record prices, we managed to have significant revenues for the Company for the quarter resulting in our largest revenues from operations in the corporate history. Although we are well on our way to profitability, we met our first financial revenue milestone promise to shareholders relative to revenue production for the quarter just ending. We are confident that operational profitability is fast approaching and will grow exponentially going forward," stated Blair Merriam, President of Platina Energy.

Watch this company closely! Last week the company also announced that it has negotiated a repurchase agreement of its 75% net revenue interests in its Tennessee field for the Devonian Shale prospect from Homestead Oil. In 2007, the Company entered into an off balance sheet project financing contract that had originally resulted in Platina receiving a 25% net revenue interest in the field. The press release states that since that time, the Company commenced operations on four (4) permitted field sites and successfully drilled and completed two natural gas wells ready to go on line.

The stock closed Tuesday at Nineteen cents a share.

For Stock Market Alerts' in-depth profile of Platina Energy Group, visit http://www.wallstreetenews.com/HotStocks/PLTG010808/default.aspx.

Other Stocks of interest yesterday were:

Incyte Corporation (NASDAQ: INCY) up 20.2% on 10 million shares traded. Incyte is a Wilmington, Delaware based drug discovery and development company with a growing pipeline of oral compounds to treat HIV, inflammation, cancer and diabetes.

PetroSouth Energy Corp. (OTCBB: PSEG) up 4% on 606,000 shares traded. PetroSouth Energy Corp. is a publicly traded independent oil and gas exploration company with headquarters in Houston, Texas and an operation base in Bogota, Colombia. PetroSouth Energy aims to secure and develop a portfolio of oil and gas properties in Colombia, South America.

Petrobras (NYSE: PBR) up 2.5% on 8.6 million shares traded. Petroleo Brasileiro S.A., through its subsidiaries, engages in the exploration, exploitation, and production of oil from reservoir wells, shale, and other rocks. The company supplies oil, liquefied natural gas, and natural gas to refineries in Brazil, as well as sells surplus production in Brazil and foreign markets.

The advertisement is provided by Wall Street Enews, a division of Stock Market Alerts LLC, an electronic broadcaster and publisher of this release, and hereafter referred to as "the company." The company received compensation for services performed for Platina Energy Group, Inc. (OTCBB: PLTG). The compensation is a total of seven hundred thousand shares (one hundred and fifty thousand shares for current services and five hundred and fifty thousand shares for previous services) from third party, First Advisory LLC., who is non-affiliated and may hold a significant position in the stock. The company has sold five hundred and fifty thousand of those shares. The company may receive additional shares for extension of its services, and any additional shares will be disclosed at such time that the company is aware of a clients desire to extend the original services. Because the company received compensation for its services, there is an inherent conflict of interest in the company statements and opinions and such statements and opinions cannot be considered independent. The company may have received shares of a company profiled in this release prior to the dissemination of the information in this release. The company may immediately sell some or any shares in a profiled company held by the company and may have previously sold shares in a profiled company held by the company. The company's services for a company may cause the company's stock price to increase, in which event the company would make a profit when it sells its stock in a company. In addition, the company's selling of a company's stock may have a negative effect on the market price of the stock.

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