SOURCE: The Wall Street Small Cap Reporter

April 21, 2005 07:05 ET

Wall Street Futures: Tradestar Corporation (Pink Sheets - TIRR) Showing Sustained News Activity

NOTE TO EDITORS: The Following Is an Investment Opinion Being Issued by The Wall Street Small Cap Reporter.

DALLAS, TX -- (MARKET WIRE) -- April 21, 2005 -- Wall Street Futures, a leading source of news and information for small cap investors, continues its coverage of Tradestar Corporation (OTC: TIRR).

TIRR is an energy company that explores, acquires, and develops on-shore oil and natural gas properties in conventional producing areas of the United States. The company creates value by investing only in proven producing wells, thereby substantially reducing investment risk.

TIRR appears to be settling into a routine of sustained and relevant news activity that, in turn, appears to be fueling persistent investor interest, evidenced by fairly good volume for this stock since Wall Street Futures' coverage of TIRR began just over one week ago.

Last week, TIRR announced production and sales results from one of its oil field projects in Karnes County, Texas. Expecting 600 barrels per month, the company produced and sold more than twice that in February and nearly twice that in March, netting the company over US$100,000.00 in revenue, according to a company-issued release.

TIRR also has announced two other projects for which production and sales results are imminent. The first aims to reenter and drill a Schussler gas well and prospect in Erath County, Texas; the second aims to reenter and drill a Binion Parker gas well and prospect in the same county. Additionally, TIRR is negotiating the purchase of an additional 204 acres with Barnett Shale potential, also in Erath County.

Investors typically appreciate a company that communicates sales results quickly, and if this company can continue to report such positive news, TIRR could be significantly undervalued at its current price level. Shares of TIRR closed Wednesday at $0.29, up $0.02 -- or more than seven percent -- on the day.

Wall Street Futures' "stocks to watch" in the energy space also include: Devon Energy Corp (NYSE: DVN), Kerr-McGee Corporation (NYSE: KMG), and Occidental Petroleum Corp (NYSE: OXY).

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