logo

Hot News show next Hot News


Wall Street News Alert: SRDG Is Tuesday's Stock to Watch! August 12, 2008
Tuesday, August 12, 2008 9:53 AM
Symbols: DUK, GE, VLO
enter symbol
enter search string

Bookmark This Article
Wall Street News Alert's "stocks to watch" this morning are: Southridge Enterprises, Inc. (OTCBB: SRDG), GE (NYSE: GE), Duke Energy (NYSE: DUK) and Valero Energy Corporation (NYSE: VLO).

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."

Southridge Enterprises, Inc. (OTCBB: SRDG) has just issued important news, and investors are going to want to monitor the stock closely this morning! Early this morning, the company issued a press release announcing that it has signed a market and investor awareness contract with investment and marketing firm, Kikomaki Corp., to bring exposure to the Asian brokerage community.

Great news for the company! The contract is for a one year period, during which Kikomaki will be featuring Southridge to the retail client bases of a number of large Asian brokerage firm networks. The Asian investment community has shown leadership with its capital placement in renewable energy projects in Brazil. Recently, a trade and investment subsidiary of a major Japanese car manufacturer invested in building an ethanol plant in Brazil's center-west Goias state. In addition, Southridge has received numerous investment proposals from firms in Hong Kong and Japan. Due to this significant interest from the Asian investment community, the Company believes it is a very opportune time to launch a market awareness program.

During the last two years, the Company's primary focus has been on raising investment capital to bring its facilities to the construction phase and bring the Company to profitability. However, based on current market conditions and our under-valued stock price, it is evident that the Company needs to shift its attention to executing a strategic market awareness plan. To that end, Southridge is extremely encouraged that its alliance with Kikomaki should facilitate the necessary investor interest to bring appropriate value to the Company's share price.

Dallas-based Southridge is developing ethanol plants in Mississippi, Texas, El Salvador and Brazil.

Investors are urged to continue to monitor the progress of the company! Southridge Enterprises is a renewable energy company with a mission to become the ethanol producer of choice in the southeastern region of the United States. The Company is focusing its efforts in an area which offers abundant supplies of corn, superior transportation infrastructure and expedited permitting processes. The Company is actively acquiring and developing ethanol production facilities and anticipates start-up of the first phase of these operations in 2009.

The stock closed Monday at around Five cents a share.

GE (NYSE: GE) up 1% on 49 million shares traded. GE is Imagination at Work -- a diversified technology, media and financial services company focused on solving some of the world's toughest problems. With products and services ranging from aircraft engines, power generation, water processing and security technology to medical imaging, business and consumer financing, media content and advanced materials, GE serves customers in more than 100 countries and employs more than 300,000 people worldwide.

Duke Energy (NYSE: DUK) up 1.9% on 11.1 million shares traded. Duke Energy, one of the largest electric power companies in the United States, supplies and delivers electricity to approximately 4 million U.S. customers in its regulated jurisdictions.

Valero Energy Corporation (NYSE: VLO) up 0.4% on 10.3 million shares traded. Valero Energy Corporation is a Fortune 500 company based in San Antonio, with approximately 21,000 employees and 2007 revenues of more than $95 billion.

Market Commentary:

"Oil News: Prices continued to drop, with Light, sweet crude falling 75 cents to settle at $114.45 per barrel on the New York Mercantile Exchange after dipping as low as $112.72, oil's lowest level since early May," 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 current services performed for Southridge Enterprises, Inc. (OTCBB: SRDG), WSCF has been compensated One Million and Five Hundred Thousand shares, by a third party (NorthStar Investment Capital Corporation), who is non-affiliated and may hold a significant position in the stock. WSCF holds One Million and Four Hundred and Fifty 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.

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.

 Contact email: Email Contact URL: http://www.wallstreetnewsalert.com Company: Wall Street News Alert  

SOURCE: Wall Street News Alerttracking

Story Source: MARKET WIRE




Subscribe to Email Alerts rss feed or RSS feeds rss feed for articles from more than 300 contributors and press releases, SEC filings and full text news from thousands of sources.
(0)
No Comments

Fundamental data is provided by Zacks Investment Research, market data is provided by AlphaTrade. , and Commentary and Press Releases provided by Quotemedia