Friday, May 14, 2010

EARLY MORN

SOEN - solar cells and modules - revs up 300% over last year to $18M. But net loss almost quadrupled to $19M on restructuring.

New Energy Systems Group (NEWN), a China lith-ion batt company, reported rev gains of 750% over last year to $22M. Profit increased 800%. And more. I'd say get in as soon as you can, but if it's already up over 10% you might wait, of course. It's an OB, so technically you can't buy it until 9:15, and then it's a challenge to put the right price in. Happy hunting.

ULBI (lith-ion, other batt and el equip) got a $21M order to add to their $177M projected revs this year. Their stock's been bottom sitting most of a year.

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