Re: Summary of key solar stocks
in response to
by
posted on
Dec 04, 2007 03:22PM
Creating shareholder wealth by advancing gold projects through the exploration and mine development cycle.
I own ASTI, STP, of that list, sold off SPWR last month having bought in at 50 and then at 77.
When I look up CSUN on Chartsmart, I get Compusonics, a maker of semiconductors and integrated circuits?
SPWR is a strong name, and though I don't watch PE ratios too close, I wonder if 637 might be a tad pricey. As stated before, I bought more CSIQ today, having just run into new high territory with no overhead resistance, increasing earnings and having secured silicone which is important. The one pimple is a couple executives recently resigned. Why???? I actually would've rather bought SOLF but as I said before, it rose so fast through it's all time high, I was afraid to jump in big. It has more than doubled in a week!
ASTI has technology of the future but no earnings. I think it is something that if you bought some and didn't loook at it, you would find you bought the future of solar energy in a couple yrs. I havent' bought any since about 10.50 and not sure where would I feel comfortable gettting in except maybe clearing overhead resistance and hitting 24.50 to 25.00. ASTI is my biggest solar position with an ave price of about $7.40.
I tend to watch the charts on these more than researching the projects etc which seems too daunting. Many of these IPO's jump around in a broad trading range till they clear overhead resistance and they go on strong runs. often, paying 20 percent more than what you planned on is no big deal!
APV is a Canadian company, but early stages. I have been trying to figure out their tech advantaage that they claim to have. Maybe I need an engineering degree instead of a farm!