SOURCE: Wall Street News Alert
|
September 29, 2008 09:33 ET
Wall Street News Alert: Finding the Market's Winners on Monday! September 29, 2008
NOTE TO EDITORS: The Following Is an Investment Opinion Being Issued by Wall Street Capital Funding.
WESTON, FL--(Marketwire - September 29, 2008) - Wall Street News Alert's "stocks to watch" this
morning are: Southridge Enterprises, Inc. (OTCBB: SRDG), Yahoo! Inc.
(NASDAQ: YHOO), XTO Energy Inc. (NYSE: XTO) and Occidental Petroleum
Corporation (NYSE: OXY).
To receive FREE Mobile Stock Alerts formatted especially for your cell
phone, text the word "press" in the subject line to 79704.
*** This free service can be discontinued at any time by replying to any
one of the alerts with the word "stop."
There is major news coming from Southridge Enterprises, Inc. (OTCBB: SRDG),
and investors are urged to monitor the stock closely this morning! Early
this morning, the company issued a press release announcing that it has
entered into an ethanol sales agreement with Hong Kong-based Jinsung Ho
Trading Group (JHTG) for the supply of 15 million gallons of ethanol per
year.
Great news for the company! Deliveries are expected to begin in October
2008. The ethanol is being sourced from Petrozilian Energia SA (PES) from
Brazil.
Over the last several quarters the company completed several similar
ethanol sale transactions with European based buyers. However, this new
transaction with JHTG is a direct result of our increased exposure from the
Company's market awareness program in the Asian Pacific Rim. The Company
expects this to be the second of many purchases to come from that region.
Investors are urged to continue to monitor the progress of the company!
The stock closed Friday at over Two cents a share.
Yahoo! Inc. (NASDAQ: YHOO) down 1.4% on 14.9 million shares traded.
Yahoo! Inc. is a leading global Internet brand and one of the most
trafficked Internet destinations worldwide. Yahoo! is focused on powering
its communities of users, advertisers, publishers, and developers by
creating indispensable experiences built on trust.
XTO Energy Inc. (NYSE: XTO) down 4.2% on 10.3 million shares traded.
XTO Energy Inc. is a domestic natural gas producer engaged in the
acquisition, exploitation and development of quality, long-lived oil and
natural gas properties in the United States. Its properties are
concentrated in Texas, New Mexico, Arkansas, Oklahoma, Kansas, Wyoming,
Colorado, Alaska, Utah, Louisiana, Mississippi, Montana, North Dakota,
Pennsylvania and West Virginia.
Occidental Petroleum Corporation (NYSE: OXY) down 0.7% on 6.3 million
shares traded.
Occidental Petroleum Corporation is an international oil and gas
exploration and production company with operations in North America, Middle
East/North Africa and Latin America regions. Oxy is the fourth largest U.S.
oil and gas company, based on equity market capitalization.
Market Commentary:
"Congressional leaders and the White House agreed Sunday to a $700 billion
rescue of the ailing financial industry after lawmakers insisted on sharing
spending controls with the Bush administration," stated Sonja Rudd in Wall
Street News Alert's daily commentary continued at:
http://www.WallStreetNewsAlert.com.
Let Wall Street News Alert help advertise for your company using our
effective awareness campaigns. If you're Interested in telling your story,
we can help. Contact us at info@wallstreetnewsalert.com or see our services
at http://www.wallstreetnewsalert.com/tPage.aspx?PAGE_TYPE=AU
WSNA's email alert service is free to those investors who sign up on the
WSNA home page. The alert service is designed to notify investors of
undervalued and often overlooked stocks. Subscribers are introduced to
Special Situation companies that have the potential of showing increased
activity. The Wall Street News Alert home page has experienced over 100
million hits. To subscribe to this free service, visit the Wall Street News
Alert home page at http://www.wallstreetnewsalert.com and select the "join
now" button.
*** It has come to the attention of Wall Street News Alert (WSNA), that
various persons or companies distribute faxes bearing similar names to Wall
Street News Alert. Wall Street News Alert is not affiliated with faxes
bearing names such as: Wall Street Stock Alert, Wall Street Investor Alert,
Wall Street News Alert or any other fax using various combinations of the
generic words Wall Street.***
Wall Street News Alert is a division of Wall Street Capital Funding LLC
(WSCF). WSCF also maintains a contractual, working relationship with Stock
Market Alerts LLC and its Wall Street Enews brand. WSCF is not a registered
broker/dealer and may not sell, offer to sell or offer to buy any security.
WSCF profiles are not a solicitation or recommendation to buy, sell or hold
securities. An offer to buy or sell can be made only with accompanying
disclosure documents from the company offering or selling securities and
only in the states and provinces for which they are approved. The material
in this release is intended to be strictly informational. The companies
that are discussed in this release have not approved the statements made in
this release nor approved the timing of this release. All statements and
expressions are the sole opinion of WSCF and are subject to change without
notice. Information in this release is derived from a variety of sources
including that company's publicly disseminated information, third parties
and WSCF research. The accuracy or completeness of the information is not
warranted and is only as reliable as the sources from which it was
obtained. WSCF disclaims any and all liability as to the completeness or
accuracy of the information contained and any omissions of material fact in
this release. The release may contain technical inaccuracies or
typographical errors. It is strongly recommended that any purchase or sale
decision be discussed with a financial adviser, or a broker-dealer, or a
member of any financial regulatory bodies. Investment in the securities of
the companies discussed in this release is highly speculative and carries a
high degree of risk. WSCF is not liable for any investment decisions by its
readers or subscribers. Investors are cautioned that they may lose all or a
portion of their investment if they make a purchase in WSCF profiled
stocks.
This profile is not without bias, and is a paid release. WSCF has been
compensated for dissemination of company information on behalf of one or
more of the companies mentioned in this release. For services performed for
Southridge Enterprises, Inc. (OTCBB: SRDG), WSCF has been compensated Three
Million and Five Hundred Thousand shares (Two Million shares for current
services and One Million and Five Hundred Thousand shares for previous
services), by a third party (NorthStar Investment Capital Corporation), who
is non-affiliated and may hold a significant position in the stock. WSCF
holds Two Million of those shares, and intends to immediately continue
selling its shares as this release is being circulated. WSCF may receive
additional compensation for extension of its services. Any additional
compensation will be disclosed at such time that WSCF is aware of a
client's desire to extend the original services. WSCF may have received
shares of a company profiled in this release prior to the dissemination of
the information in this release. WSCF may immediately sell some or any
shares in a profiled company held by WSCF and may have previously sold
shares in a profiled company held by WSCF. WSCF's services for a company
may cause the company's stock price to increase, in which event WSCF would
make a profit when it sells its stock in a company. In addition, WSCF's
selling of a company's stock may have a negative effect on the market price
of the stock.
This release contains "forward-looking statements" within the meaning of
Section 27A of the Securities Act of 1933, as amended, and Section 21E the
Securities Exchange Act of 1934, as amended and such forward-looking
statements are made pursuant to the safe harbor provisions of the Private
Securities Litigation Reform Act of 1995. "Forward-looking statements"
describe future expectations, plans, results, or strategies and are
generally preceded by words such as "may," "future," "plan" or "planned,"
"will" or "should," "expected," "anticipates," "draft," "eventually" or
"projected." You are cautioned that such statements are subject to a
multitude of risks and uncertainties that could cause future circumstances,
events, or results to differ materially from those projected in the
forward-looking statements, including the risks that actual results may
differ materially from those projected in the forward-looking statements as
a result of various factors, and other risks identified in a company's
annual report on Form 10-K or 10-KSB and other filings made by such company
with the Securities and Exchange Commission. You should consider these
factors in evaluating the forward-looking statements included herein, and
not place undue reliance on such statements. The forward-looking statements
in this release are made as of the date hereof and WSCF undertakes no
obligation to update such statements.