SOURCE: Wall Street News Alert

Wall Street News Alert

February 17, 2009 08:38 ET

Wall Street News Alert: Stocks This Morning: CLBN - February 17, 2009

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

WESTON, FL--(Marketwire - February 17, 2009) - Wall Street News Alert's "stocks to watch" this morning are: Navajo Wind Energy Corp. (PINKSHEETS: CLBN), Marathon Oil Corporation (NYSE: MRO), Devon Energy Corporation (NYSE: DVN) and SIRIUS XM Radio (NASDAQ: SIRI).

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As the demand for alternative energy continues to climb, Navajo Wind Energy Corp. (formerly Caliber Energy Inc) (PINKSHEETS: CLBN) should have the attention of investors looking to possibly benefit from this explosive industry. Yesterday after the markets closed, the company, a renewable energy company focused on creating electricity from the power of wind, issued a press release announcing that it has secured a new 200 MW wind site located in Xinjiang, China.

Great news for CLBN, as according to the release, the Xinjiang Project is the second announcement of many new acquisitions that Navajo Wind Energy is currently developing as part of the previously announced "China Initiative." This site is situated on 6,200 acres and is in an area with proven, high-energy wind speeds. Previous testing indicates a mean average annual wind speed in excess of 11 meters per second or over 25 miles per hour, capable of generating net operating capacity factors in excess of 50 percent.

China's rapidly growing demand for renewable energy and the scarcity of viable wind farm sites to create the available supply, positions Navajo Wind Energy uniquely in this competitive market place through the utilization of the Company's expertise and industry contacts.

Barry Doyle, CEO states, "There was tremendous competition from the largest players in the investment banking and energy industries to acquire this exact piece of property. Navajo Wind's access to proprietary information dating back to the 1990s allowed the Company to seize this opportunity several weeks before our competition. We are extremely proud of this accomplishment."

Navajo Wind Energy is currently conducting environmental studies to complete the permitting process.

The stock closed yesterday at around Two cents a share.

For an in-depth profile of Navajo Wind Energy, visit http://www.wallstreetnewsalert.com/HotStocks/CLBN021609/default.aspx.

Marathon Oil Corporation (NYSE: MRO) up 0.7% on 7.8 million shares traded.

Marathon Oil Corporation is an integrated international energy company engaged in exploration and production; oil sands mining; integrated gas; and refining, marketing and transportation operations.

Devon Energy Corporation (NYSE: DVN) up 1.6% on 5.8 million shares traded.

Devon Energy Corporation is an Oklahoma City-based independent energy company engaged in oil and gas exploration and production.

SIRIUS XM Radio (NASDAQ: SIRI) up 41.7% on 256.9 million shares traded.

SIRIUS XM Radio is America's satellite radio company delivering commercial-free music channels, premier sports, news, talk, entertainment, traffic and weather, to more than 18.9 million subscribers.

Market Commentary:

Oil News: Light, sweet crude for March delivery rose 11 cents to $37.62 a barrel by midafternoon European time in trading on the New York Mercantile Exchange -- though volumes were limited with U.S. markets closed for Presidents Day. The contract rose $3.53 on Friday to settle at $37.51.

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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 current services performed for Navajo Wind Energy Corp. (formerly Caliber Energy Inc.) (PINKSHEETS: CLBN), WSCF has been compensated Four Million shares, by a third party, NorthStar Capital Corporation, who is non-affiliated and may hold a significant position in the stock. WSCF holds Three Million, Four Hundred Thousand of those shares as of this release, 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.

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