SOURCE: Market Pulse

June 12, 2007 09:00 ET

Stocks to Watch for Tuesday, June 12, 2007: PEP - Petrostar Petroleum Reports on Its Enhanced Oil Recovery Technology Project Update!

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

ATLANTA, GA--(Marketwire - June 12, 2007) - Market Pulse is pleased to introduce our featured stock, Petrostar Petroleum Corporation (TSX-V: PEP), to the investment community! Petrostar is new to Market Pulse and is poised to become a significant player in the oil and gas exploration industry! Petrostar just had excellent news out in a press release before today's opening bell announcing that in addition to increasing well production by up to 600%, its proprietary down-hole heating device (DHT) has significant and secondary application potential as a replacement to current production tank heating systems otherwise known as propane or gas fired tank heaters(burners)! Investors need to go to the company's website www.petrostarpetroleum.ca and review this exciting technology! The company believes it can deliver the DHT at a cost that can effectively and economically increase the production of tens of thousands of proven North American medium and heavy oil wells! This could be great news for investors! Other notable stocks that should be closely watched due to existing fundamental and technical factors affecting each company include:

Apple Inc. (NASDAQ: AAPL) : Market Outperform

Raven Gold Corp. (OTCBB: RVNG) : Attractive

Taser International Inc. (NASDAQ: TASR) : Market Outperform

Stock Pick Meanings

These stock picks are the investment opinions of MP's editor and reflect MP's belief regarding the potential price movement over the next one to four weeks of trading of each of the stocks presented. This analysis is done from a technical and fundamental perspective.

After Monday's Bell Market Commentary

On Monday, U.S. stocks finished mixed. Yields continued to rise slightly amid evidence of global growth. The yield on the Treasury's 10-year note rose to 5.16 percent from 5.11 percent. The dollar was higher against most other major currencies. Gold prices rose. Light, sweet crude rose $1.21 to $65.97 per barrel. Cleveland Federal Reserve President Sandra Pianalto said that the housing market's deterioration had removed up to 1% from U.S. economic growth and said inflation remains the major risk to the economy. Investors will likely focus on the bond market and individual stocks while awaiting data on inflation which is due out later in the week. The Dow Jones industrial average rose 0.57, or less than 0.01 percent, to end at 13,424.96. The Nasdaq composite index fell 1.39, or 0.05 percent, to 2,572.15. The Standard & Poor's 500 index rose 1.45, or 0.10 percent, to 1,509.12. The Russell 2000 index fell 2.13, or 0.25 percent, to 833.18.

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