SOURCE: Wall Street News Alert

Wall Street News Alert

November 09, 2007 09:41 ET

Wall Street News Alert Reports Friday's Stocks to Watch: PLTG! November 9, 2007

NOTE TO EDITORS: The Following Is an Investment Opinion Being Issued by Wall Street Capital Funding.

WESTON, FL--(Marketwire - November 9, 2007) - Wall Street News Alert's "stocks to watch" this morning are: Platina Energy Group, Inc. (OTCBB: PLTG), Monsanto Company (NYSE: MON), Occidental Petroleum Corporation (NYSE: OXY) and Valero Energy Corporation (NYSE: VLO).

Platina Energy Group, Inc. (OTCBB: PLTG) should have investors closely monitoring the stock closely. Recently, the company issued a press release announcing that it pays $250,000.00 deposit for 47.5% of Bowie Energy.

Good news from PLTG! Platina Energy Group and Bowie Energy intend to complete a $16,000,000.00 producing production transaction on two major leases in Texas. Although the transaction is rather complex, the Platina/Bowie have secured terms for $14,000,000 of the $16,000,000. Joint Venture Term sheets for the balance of the financing, $2,000,000.00, are in negotiations. According to the press release, this aggregated transaction when completed could be worth tens of millions of dollars in revenues to Platina's interest.

Blair Merriam, President of Platina reports, "This transaction has many moving parts but has evolved from initial discussions, to one that we are quite certain that we will be able to close on. All of the parties concerned have made their best efforts to work together harmoniously and in a professional manner in order to conclude this new piece of business for Platina. In addition to immediate production, developmental opportunities on this acquisition are also vast and will make great future prospects for the Company and its strategic partners."

Investors watch this company! Platina Energy is a fast growing E&P Company. Since organization in 2005, it has acquired proven producing and proven non-producing reserves in addition to other possible reserves. The Company also owns rights to oil extraction technology in the R & D phase.

PLTG closed Thursday at Twenty Five cents a share.

For Wall Street News Alert's in-depth profile of Platina Energy Group, visit http://www.WallStreetNewsAlert.com/HotStocks/PLTG110807/default.aspx.

Monsanto Company (NYSE: MON) up 3.9% on 9.6 million shares traded. Monsanto Company is a leading global provider of technology-based solutions and agricultural products that improve farm productivity and food quality.

Occidental Petroleum Corporation (NYSE: OXY) up 1.4% on 9 million shares traded. Occidental Petroleum Corporation is an international oil and gas exploration and production company with operations in the United States, Middle East/North Africa and Latin America regions.

Valero Energy Corporation (NYSE: VLO) down 1.1% on 8.6 million shares traded. Valero Energy Corporation owns and operates 17 refineries throughout the United States, Canada and the Caribbean with a combined throughput capacity of approximately 3.1 million barrels per day, making it one of the largest refiners in North America.

Market Commentary:

"Lackluster retail sales for October were the worst in 12 years. Sales at stores open at least a year rose only by 1.6%, the worst showing since October of 1995, says a report from the International Council of Shopping Centers. Wal-Mart, Macy's, Target, and the Gap all missed expectations. Only Coscto Wholesale Corp. beat October estimates. Wal-Mart is already lowering prices in early November, before the traditional day after Thanksgiving sale date," stated Sonja Rudd in Wall Street News Alert's daily commentary continued at: http://www.WallStreetNewsAlert.com.

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