Movers & Shakers for Thursday's Stock Market! August 14, 2008

Wall Street News Alert's "stocks to watch" this morning are: Southridge Enterprises, Inc. (OTCBB: SRDG), Kohl's Corporation (NYSE: KSS), Diamond Foods, Inc. (NASDAQ: DMND) and NetEase.com, Inc. (NASDAQ: NTES).

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Southridge Enterprises, Inc. (OTCBB: SRDG) has just issued 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 added the expertise of Brazilian industry professional Mr. Marcio Santos to its Board of Directors.

Mr. Marcio Santos was a founding investor and director of Solmino Renewable Energy, a Brazilian sugarcane ethanol company. According to the release, Mr. Santos worked closely with Solmino management to raise more than $150 million. His involvement in the sugarcane industry dates back to the early 1990s when he advised a Brazilian sugarcane cooperative. He also has experience working with financial institutions, as well as entities engaged in the business of cargo transportation and integrated logistics.

"We are extremely fortunate to have Mr. Santos join the board during this critical period of our Company's development in Brazil. With over 20 years of experience, Mr. Santos will facilitate and expedite the completion of our production facilities and our ethanol export operation in Brazil," said Ken Milken, CEO of Southridge.

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 yesterday at around Five cents a share.

For a recent Wall Street News Alert's in-depth profile of Southridge Enterprises, visit http://www.WallStreetNewsAlert.com/HotStocks/SRDG081308/default.aspx .

Kohl's Corporation (NYSE: KSS) down 3.1% on 8.3 million shares traded.

Kohl's is a family-focused, value-oriented specialty department store offering moderately priced, exclusive and national brand apparel, shoes, accessories, beauty and home products in an exciting shopping environment. Kohl's operates 957 stores in 47 states and will celebrate the opening of its 1,000th store in the fall. A company committed to the communities it serves, Kohl's has raised more than $102 million for children's initiatives nationwide through its Kohl's Cares for Kids® philanthropic program.

Diamond Foods, Inc. (NASDAQ: DMND) up 0.6% on 69,000 shares traded.

Diamond Foods is a leading branded food company specializing in processing, marketing and distributing culinary nuts and snack products under the Diamond and Emerald brands.

NetEase.com, Inc. (NASDAQ: NTES) up 5.9% on 3.1 million shares traded.

NetEase.com, Inc. is a leading China-based Internet technology company that pioneered the development of applications, services and other technologies for the Internet in China. NetEase's online communities and personalized premium services have established a large and stable user base for the NetEase websites which are operated by its affiliates.

Market Commentary:

"Oil rebounded as light, sweet crude for September delivery rose $2.99 to settle at $116 a barrel on the New York Mercantile Exchange, after earlier falling as low as $112.87. However, at the pump, Americans are feeling relief as a gallon of regular gasoline shed on average another penny overnight to $3.787, according to auto club AAA, the Oil Price Information Service and Wright Express," stated Sonja Rudd in Wall Street News Alert's daily commentary continued at: http://www.WallStreetNewsAlert.com .

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