Wall Street News Alert's "stocks to watch" this morning are: Green Star Alternative Energy, Inc. (PINKSHEETS: GSAE), Level 3 Communications, Inc. (NASDAQ: LVLT), Medarex, Inc. (NASDAQ: MEDX) and Coeur d'Alene Mines Corporation (NYSE: CDE).

To receive FREE Mobile Stock Alerts formatted especially for your cell phone, text the word "press" in the subject line to 68494.

*** This free service can be discontinued at any time by replying to any one of the alerts with the word "stop."

For more information, please visit www.WallStreetNewsAlert.com and you can also follow Wall Street News Alerts on Twitter at http://twitter.com/wsna.

Having received an updated Speculative Buy rating with a price target of $5.70 by Beacon Equity last week, Green Star Alternative Energy, Inc. (PINKSHEETS: GSAE) and the company should have the attention of investors looking to possibly benefit from the growing wind energy market. Yesterday after the markets closed, the company issued a press release announcing the hiring of Nikola Vasilijevic as the Company's Wind Farm Designer. Nikola's expertise lies in electrical engineering and computer science; he will oversee the engineering and construction of Green Star's wind farms.

Nikola has worked for EPS, Electric Power Industry of Serbia, and has made significant research contributions to the assessment of wind energy potential in the region. His published work includes "Creating the Map of Vojvodina's Wind Potential Using Linear Interpolation Independent of Direction" (2008); and Nikola was an honorary presenter at the European Wind Energy Conference in Marseilles, France.

Last week, the company issued a press release announcing that it has received an updated Speculative Buy rating with a price target of $5.70 by Beacon Analyst, Victor Sula, Ph.D. In the report, the analyst notes GSAE's recent filing with the SEC to become a fully reporting publicly traded entity on Nasdaq's OTCBB. The analyst also writes, "GSAE is evaluating various locations across Serbia as commercially viable wind farm sites and evaluating potential acquisitions to build its wind farm portfolio... the revenue potential of GSAE's wind energy projects is significant. The Company is pursuing opportunities to develop 300 MW of wind energy and provide clean energy to Serbia and neighboring European countries. During Q2 2009, GSAE began negotiations for a 60 MW wind energy partnership project with Vintim representing $23 million in potential gross revenues annually.

Last Monday the company also reported the installation of the wind measurement tower at the 20 MW Belo Blato site. Miodrag Andric, CEO of Green Star Alternative Energy, stated: "We are delighted to see the first tower in place; but this is only the beginning, as we have other locations that require analysis and development."

The terrain had been carefully analyzed and many months of preparation and licensing have culminated in this deployment. The data gathered will provide Green Star the ability to optimize the wind farm design and efficiency. Wellbury was commissioned to execute the placement and construction of our 60 meter tower.

The stock closed yesterday at $1.70 a share.

For an in-depth profile of Green Star Alternative Energy, visit http://www.wallstreetnewsalert.com/view-company-profiles.php?profile=GSAE_062209.

Level 3 Communications, Inc. (NASDAQ: LVLT) up 15.8% on 29.2 million shares traded.

Level 3 Communications, Inc. is a leading international provider of fiber-based communications services.

Medarex, Inc. (NASDAQ: MEDX) up 12.5% on 24.8 million shares traded.

Medarex is a biopharmaceutical company focused on the discovery, development and potential commercialization of fully human antibody-based therapeutics to treat life-threatening and debilitating diseases, including cancer, inflammation, autoimmune disorders and infectious diseases.

Coeur d'Alene Mines Corporation (NYSE: CDE) up 5.1% on 8.5 million shares traded.

Coeur d'Alene Mines Corporation is one of the world's leading silver companies and also a significant gold producer.

Market Commentary:

Economic worries took its toll on the markets as the World Bank estimated the global economy will shrink 2.9 percent in 2009. It previously predicted a 1.7 percent decline.

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.

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 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 200 million hits. To subscribe to this free service, visit the Wall Street News Alert home page at http://www.wallstreetnewsalert.com.

*** 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 Green Star Alternative Energy, Inc. (PINKSHEETS: GSAE), WSCF has been compensated Thirty Thousand shares, by a third party, ONYX Consulting Group LLC., who is non-affiliated and may hold a significant position in the stock. WSCF holds Eleven Thousand of those shares as of this release, and intends to immediately continue selling its shares as this release is being circulated. WSCF was also compensated for services rendered in 2008. 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.

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

Coeur Mining (NYSE:CDE)
Historical Stock Chart
From Jun 2024 to Jul 2024 Click Here for more Coeur Mining Charts.
Coeur Mining (NYSE:CDE)
Historical Stock Chart
From Jul 2023 to Jul 2024 Click Here for more Coeur Mining Charts.