SOURCE: Stock Market Alerts

November 07, 2007 09:56 ET

Hot Stock to Watch: PLTG! November 7, 2007

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

MIAMI, FL--(Marketwire - November 7, 2007) - Stock Market Alert's performance stock list includes: Platina Energy Group, Inc. (OTCBB: PLTG), SunPower Corporation (NASDAQ: SPWR), Valassis (NYSE: VCI), First Solar Inc. (NASDAQ: FSLR).

Platina Energy Group, Inc. (OTCBB: PLTG) continues to issue a string of positive news, and Stock Market Alert is urging investors to continue watching this company closely. Tuesday after the markets closed, the company, a fast growing E & P Company, issued a press release announcing that it pays $250,000.00 deposit for 47.5% of Bowie Energy.

More great news for PLTG investors! The press release states that Platina Energy Group and Bowie Energy intend to complete a $16,000,000.00 producing production transaction on two major leases in Texas. Although the transaction is rather complex, the Platina/Bowie have secured terms for $14,000,000 of the $16,000,000. Joint Venture Term sheets for the balance of the financing, $2,000,000.00, are in negotiations. According to the press release, this aggregated transaction when completed could be worth tens of millions of dollars in revenues to Platina's interest.

Blair Merriam, President of Platina reports, "This transaction has many moving parts but has evolved from initial discussions, to one that we are quite certain that we will be able to close on. All of the parties concerned have made their best efforts to work together harmoniously and in a professional manner in order to conclude this new piece of business for Platina. In addition to immediate production, developmental opportunities on this acquisition are also vast and will make great future prospects for the Company and its strategic partners."

Last week the company also reported it formed Applegate Petroleum Management, Inc., as general partner for oil and gas participation limited partnerships.

According to Blair Merriam, Platina receives regular inquiries by potential investors and stakeholders seeking oil well participations. The ability to allocate tax incentives to individuals for 2007 along with royalty income probability to investors is the latest expansion for Platina.

With all of the new well acquisition targets being assessed in addition to those owned or under contract with Platina, the Company believes that individual investors should have the opportunity to benefit just as our institutional partners have.

According to Blair Merriam, "Our Corporate progress for 2007 has been methodical and steady. We have grown the Company both through acquisition as well as internally and will continue to do so. The next opportunity is to give qualified investors both tax benefits for 2007 under a 2:1 leveraged structure, with income potential for many years to come. Our current product inventory available for partnerships could be as much as $50,000,000.00."

The company should have investors watching! Platina Energy is a fast growing E&P Company. Since organization in 2005, it has acquired proven producing and proven non-producing reserves in addition to other possible reserves. The Company also owns rights to oil extraction technology in the R & D phase.

Before the news was released, the stock closed Tuesday at around Twenty Six cents a share.

For Stock Market Alerts' in-depth profile of Platina Energy Group, visit

Other Stocks of interest yesterday were:

SunPower Corporation (NASDAQ: SPWR) up 15.7% on 5.3 million shares traded.

SunPower Corporation designs, manufactures and delivers high-performance solar electric systems worldwide for residential, commercial and utility-scale power plant customers. SunPower high-efficiency solar cells and solar panels generate up to 50 percent more power than conventional solar technologies and have a uniquely attractive, all-black appearance.

Valassis (NYSE: VCI) up 20.9% on 5.2 million shares traded.

Valassis is the nation's leading marketing services company, offering unique and diverse media plans with the most comprehensive product and customer portfolio in the industry. The company offers products and services including shared mail; direct mail; newspaper-delivered promotions such as inserts, sampling, polybags and on-page advertisements; in-store marketing; direct-to-door advertising and sampling; Internet-delivered marketing; loyalty marketing software; coupon and promotion clearing; promotion planning; and analytic services.

First Solar, Inc. (NASDAQ: FSLR) up 14.1% on 5.9 million shares traded.

First Solar, Inc. manufactures solar modules with an advanced thin film semiconductor process that significantly lowers solar electricity costs. By enabling clean renewable electricity at affordable prices, First Solar provides an economic alternative to peak conventional electricity and the related fossil fuel dependence, greenhouse gas emissions and peak time grid constraints.

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 three hundred and seventy five thousand shares (one hundred thousand shares for current services and two hundred and seventy five 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 two hundred and eighty five 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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