SOURCE: Stock Market Alerts

September 23, 2008 08:35 ET

Special Alert Stock Watch: GSAE! September 23, 2008

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

MIAMI, FL--(Marketwire - September 23, 2008) - Stock Market Alerts' performance stock list includes: Green Star Alternative Energy, Inc. (PINKSHEETS: GSAE), SunPower Corporation (NASDAQ: SPWR), Continental Resources Inc (NYSE: CLR), Welwind Energy International Corp. (OTCBB: WWEI).

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Green Star Alternative Energy, Inc. (PINKSHEETS: GSAE) should once again have investors monitoring the stock, as the company continues to issue positive news. Yesterday after the markets closed, the company, which is working to develop more than 300 megawatts of clean wind energy, issued a press release announcing that it has filed its audited financial statements for the period from December, 2006 to June, 2008.

Great news for investors! With the recent status of fully reporting Pink, Green Star has shown to regulators and shareholders a high level of transparency. This new filing is not a requirement from Pink Sheets - Green Star has taken it upon itself to surpass the necessary obligations and provide its shareholders, and the investment community, more comprehensive information. Details regarding the audited financial statements, legal opinions, corporate articles, 15c211 filing, and other important data are available for viewing at According to the release, this is a significant step in the process of becoming a fully reporting issuer on the OTCBB. The Company is moving towards the fulfillment of the requirements for obtaining quotation on the OTC Bulletin Board.

J. M. De Castro, CFO of Green Star Alternative Energy stated "Green Star is exceeding all of the current requirements for a Pink Sheet listing. The logical progression will be towards obtaining a listing on the OTCBB. This will provide more recognition for the company in the investment community and ultimately enhance shareholder value."

Investors are urged to monitor the progress of Green Star Alternative Energy!

Prior to the latest press release, the stock closed yesterday at $2.35 a share.

For an in-depth profile of Green Star Alternative Energy, visit

Other Stocks of interest yesterday were:

SunPower Corporation (NASDAQ: SPWR) down 3.5% on 1.8 million shares traded. SunPower Corporation designs, manufactures and delivers high-performance solar-electric systems worldwide for residential, commercial and utility-scale power plant customers.

Continental Resources Inc (NYSE: CLR) up 9.8% on 2.2 million shares traded. Continental Resources is a crude-oil concentrated, independent oil and natural gas exploration and production company with operations in the Rocky Mountain, Mid-Continent and Gulf Coast regions of the United States.

Welwind Energy International Corp. (OTCBB: WWEI) up 10% on 682,000 shares traded. Welwind Energy International was founded to build, own and operate wind farms on an international scale. The company's goal is to become a leading provider of clean energy products for the residential, business and governmental consumer.

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 Green Star Alternative Energy, Inc. (PINKSHEETS: GSAE). Currently, the compensation is twenty five thousand dollars from third party, Equity Alliance International LLC., who is non-affiliated and may hold a significant position in the stock. 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.

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