SOURCE: Stock Market Alerts

September 09, 2008 10:23 ET

Tuesday Morning Stock Watch: GSAE! September 9, 2008

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

MIAMI, FL--(Marketwire - September 9, 2008) - Stock Market Alerts' performance stock list includes: Green Star Alternative Energy, Inc. (PINKSHEETS: GSAE), Sunoco, Inc. (NYSE: SUN), Chevron Corporation (NYSE: CVX) and SunPower Corporation (NASDAQ: SPWR).

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As the demand for clean renewable energy solutions continues to skyrocket, investors are going to want to keep a close eye on Green Star Alternative Energy, Inc. (PINKSHEETS: GSAE). 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 the development of a new wind energy project in the Republic of Serbia. It will be the country's first alternative energy project to generate renewable, emission-free power from wind.

This is great news for the company, as the press release states that the 20 Megawatt (MW) Belo Blato wind farm will be the initial phase of a 300 MW development plan! Highlights from the press release include:

--  Green Star expects the Belo Blato project to come online by second
    quarter 2009.
    
--  Green Star reports the Belo Blato wind energy project is being
    developed to generate 20 MW of wind power to provide 6,000 homes with a
    supply of eco-friendly electricity.
    
--  Green Star is acquiring alternative energy development and power
    trading company Notos d.o.o. to become Serbia's first wind power developer.
    
--  The company also plans to grow and sell wheat to maximize use of the
    site's fertile soil
    

For complete details, please refer to yesterday's press release.

Investors are urged to monitor the progress of Green Star Alternative Energy! Miodrag Andric, President of Notos, commented: "Serbia is ready for wind power. The nation has ample wind resources and a stable and growing economy. National energy policy calls for increased use of renewable resources to meet rising electricity needs. We are thrilled to be helping Serbia to realize its clean energy potential."

J. M. De Castro, CFO of Green Star Alternative Energy, stated: "The Belo Blato wind project is progressing through the final stages prior to construction. A feasibility study has been completed and permits are in process. We expect construction to begin in early 2009 with the first turbine operating in the second quarter. This project marks a new era of clean energy generation for Serbia. Green Star Alternative Energy is proud to be a part of it."

Prior to the latest press release, the stock closed yesterday at $2.15 a share.

For an in-depth profile of Green Star Alternative Energy, visit http://www.wallstreetpresswire.com/page.php?BN_UID=103.

Other Stocks of interest yesterday were:

Sunoco, Inc. (NYSE: SUN) up 4.3% on 3.8 million shares traded.

Sunoco, Inc., headquartered in Philadelphia, PA, is a leading manufacturer and marketer of petroleum and petrochemical products. With 910 thousand barrels per day of refining capacity, approximately 4,700 retail sites selling gasoline and convenience items, approximately 5,500 miles of crude oil and refined product owned and operated pipelines and 38 product terminals, Sunoco is one of the largest independent refiner-marketers in the United States.

Chevron Corporation (NYSE: CVX) up 1% on 15.4 million shares traded.

Chevron Corporation is one of the world's leading integrated energy companies, with subsidiaries that conduct business across the globe.

SunPower Corporation (NASDAQ: SPWR) up 0.9% on 2.7 million shares traded.

SunPower Corporation designs, manufactures and delivers high-performance solar-electric systems worldwide for residential, commercial and utility-scale power plant customers.

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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