Folks it's been a slog as of late. I've grown disenchanted with some stocks that won't move I'm selling NNBR a little rolling bearing play and ATM play Cardronics CATM and I'm re entering that minefield that is SOLAR.
I have lost money on every solar stock I have ever bought. Blinded perhaps by a wish for a better earth I have taken the plunge a few times. Yet I scored big on backbone solar supplier ASYS. And that's got me to thinking. Solar is a minefield analysts have a lot to chew on it's easy to see or predict a glut and indeed a lot of this stuff becomes commodity like. You might as well just by an in favor commodity stock, so it takes some amount of brass balls to step up in this sector.
PWER- I've been in this name before. It can scare the crap out of you. It's shares are cheap and it's products are in demand. What's nice is this is an American co that is supplying a lot of solar stocks everywhere. The company makes inverters which are inverting something for solar energy (this is stonedinvesting). There is of course a very large short position which adds to the fun. The stock is off it's a high and I think a prime high growth low cost sort of stock that could run into the end of year despite solar stocks in general which seem forever stuck in the mud.
BUY 1000 PWER @ $11.00 area.
JKS- Avid readers of the threads know I longed for JK Solar in the past. It was an $11 CHINESE BASED IPO that just didn't stop going up as all the other one's fell apart. Ar one point I remember laying out all the graphs and JKS was the only one nicely up! Something was and is different about this stock. Eventually the glow faded and the stock fell pretty hard. I remember it at $30 and $28 and $26 and then I lost track of it. This morning I was just reading through a very dry and boring Briefing.com free service and there was a nicely timed PR by the co about expanding production ahead of schedule. It's just tough to put a negative spin on that especially when a good number of those year 2011 orders are in the order book already! JKS is another stock that has a 52 week high above where it is now.
BUY 1000 JKS (if you can 100 is fine too) @ $22.00 area.
At some point investors just refuse to keep buying break out stocks already at highs... value sharks do still swim these oceans... the next move in the market I believe will reward these type stocks. ~stoney
I have lost money on every solar stock I have ever bought. Blinded perhaps by a wish for a better earth I have taken the plunge a few times. Yet I scored big on backbone solar supplier ASYS. And that's got me to thinking. Solar is a minefield analysts have a lot to chew on it's easy to see or predict a glut and indeed a lot of this stuff becomes commodity like. You might as well just by an in favor commodity stock, so it takes some amount of brass balls to step up in this sector.
PWER- I've been in this name before. It can scare the crap out of you. It's shares are cheap and it's products are in demand. What's nice is this is an American co that is supplying a lot of solar stocks everywhere. The company makes inverters which are inverting something for solar energy (this is stonedinvesting). There is of course a very large short position which adds to the fun. The stock is off it's a high and I think a prime high growth low cost sort of stock that could run into the end of year despite solar stocks in general which seem forever stuck in the mud.
BUY 1000 PWER @ $11.00 area.
JKS- Avid readers of the threads know I longed for JK Solar in the past. It was an $11 CHINESE BASED IPO that just didn't stop going up as all the other one's fell apart. Ar one point I remember laying out all the graphs and JKS was the only one nicely up! Something was and is different about this stock. Eventually the glow faded and the stock fell pretty hard. I remember it at $30 and $28 and $26 and then I lost track of it. This morning I was just reading through a very dry and boring Briefing.com free service and there was a nicely timed PR by the co about expanding production ahead of schedule. It's just tough to put a negative spin on that especially when a good number of those year 2011 orders are in the order book already! JKS is another stock that has a 52 week high above where it is now.
BUY 1000 JKS (if you can 100 is fine too) @ $22.00 area.
At some point investors just refuse to keep buying break out stocks already at highs... value sharks do still swim these oceans... the next move in the market I believe will reward these type stocks. ~stoney
