Wednesday, May 26, 2010

OVERNIGHT

(stock #'s in %)

COMV's CEO sees profit in 2013. G, how assuring. At least he's honest. Yes, these are trying times. But when do CEO's wake up. Investors need profits. Or walk.

AONE bounced up 11. Bottom processing. BWEN up 4 after hours. CABN was up 17. Q1 reported. Still not 1 dollar in revs. Can you love this market? ECOS was up 17. News. First of all, they are a "network of environmentally-focused technology companies that utilize nanotechnology to develop alternative energy solutions". Today they announced a joint venture in the Netherlands to produce the lithium X battery. This definitely sounds like a company to watch.

ECTY went down 5. They have the plug-in units and $100M from the US gov for the Nissan Leaf and Nissan announced today or yesterday that their entire Leaf production scheduled has been sold. 19,000 or some. Come on. Build the dam things. O yea, Nissan just got a $1.4B US loan to build a lith-ion battery plant in Tennessee for the Leaf and probably other models and makers. The $1.4B is part of the $25B for advanced vehicles passed by Congress in '07. '07. Did I say '07.

GBRC up 17. Broke over their 50-days. Microwave tech to recover fossil fuels from just about anything including oil shale and oil sands. But. Last reported Sept '09 very little revs.

HOKU reported in after close. Bad. Down 10 after.

Morgan Joseph reits its buy on CREE with $100 target. I say buy LSCG.

Cumulative world installed solar PV capacity '00: 1,400MW; '10: 32,000MW; '20 est.: 292,000MW.
Wind: '00: 17,000MW; '10: 200,000MW; '20 est.: 750,000MW.

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