MIAMI, FL -- (MARKET WIRE) -- 03/12/08 -- Stock Market Alert's performance stock list includes: Nitro Petroleum, Inc. (OTCBB: NTRO), Exxon Mobil Corporation (NYSE: XOM), Hovnanian Enterprises, Inc. (NYSE: HOV), Freddie Mac (NYSE: FRE).

Having recently announced that they have completed the purchase of Buccaneer Energy Corp. oil assets, Nitro Petroleum, Inc. (OTCBB: NTRO) should have the attention investors. Monday after the markets closed, the company issued a press release announcing that the Company has completed the Crown Lease project. This oilfield development project is located in Pottawatomie County, Oklahoma.

This is great news for the company! Nitro will carry out remedial reworks on Crown #1 and #3. The wells will be re-entered and re-equipped in the Hunton, Lime and 1st Wilcox Sand. A third well will be converted into a salt water disposal well. In addition the rework program is to include installing tank battery systems, electrification, and lying of pipelines and all necessary equipment to put the wells back in production.

The company has the availability to drill two new wells on the Crown Lease. Nitro will have a working interest in all future production. Nitro will be the Operator of this project.

As a result of the farm in by Toro Ventures, Inc., Nitro will earn varying working interests in the existing well bores and future offset wells to be drilled. Cash flow from this partnership will enable Nitro to pursue additional Oil & Gas projects.

Watch this company very closely!

For a Wall Street News Alert profile of Nitro Petroleum, Inc., visit http://www.WallStreetNewsAlert.com/HotStocks/NTRO031108/default.aspx

NTRO closed Tuesday at Thirty Four cents a share.

Other Stocks of interest yesterday were:

Exxon Mobil Corporation (NYSE: XOM) up 5.1% on 34.8 million shares traded. Exxon Mobil Corporation engages in the exploration, production, transportation and sale of crude oil and natural gas.

Hovnanian Enterprises, Inc. (NYSE: HOV) up 16.4% on 5.2 million shares traded. Hovnanian Enterprises, Inc., founded in 1959 by Kevork S. Hovnanian, Chairman, is headquartered in Red Bank, New Jersey. The Company is one of the nation's largest homebuilders with operations in Arizona, California, Delaware, Florida, Georgia, Illinois, Kentucky, Maryland, Michigan, Minnesota, New Jersey, New York, North Carolina, Ohio, Pennsylvania, South Carolina, Texas, Virginia and West Virginia.

Freddie Mac (NYSE: FRE) up 15.9% on 34.3 million shares traded. Freddie Mac is a stockholder-owned corporation established by Congress in 1970 to support homeownership and rental housing.

The advertisement is provided by Wall Street Enews, a division of Stock Market Alerts LLC, an electronic broadcaster and publisher of this release, and hereafter referred to as "the company." The company has not received compensation for services performed for Nitro Petroleum, Inc. (OTCBB: NTRO). However, the company maintains a contractual, working relationship with Wall Street Capital Funding, which has been compensated Thirty Six Thousand Dollars for services performed for Nitro Petroleum, Inc., by third party, TI Consulting Inc., who is non-affiliated and may hold a significant position in the stock, for services provided including dissemination of company information in this release. WSCF holds no shares of the stock. Because compensation was received for services, there is an inherent conflict of interest in the company statements and opinions and such statements and opinions cannot be considered independent.

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