Dow flew up 272. Volume ended up heavy. Oil back up, over $82. Remember the old axiom - oil over $80 is recessionary. Unless there's now a new number for recession. And I assume the market was up on news of a Greek solution in Europe. Or hope of. And I understand there was some kind of short-term solution in Congress so we won't have a shutdown on Saturday. It will be operational through mid-November now. Oy. Russia, China, India, Japan, Brazil, the Sauds, Taliban, al kada (I won't give them the respect of correct spelling) and all the rest must all be falling out of their chairs laughing.
Well, at 3:22AM EST Yahoo has erased all the stock numbers from yesterday's market. So. This will be a little different.
For those of you who caught it, I recommended GTAT at $7.25 around 1:30PM. It closed at $7.66. And they announced a new order late in the day.
I'm not trying to be cagey. I just wanted "A Little History" to stick around another day.
APWR is back. It's now APWR.PK. 31 cents. That should be interesting for a week or so.
ASYS is still a bargain. Of course, It's a solar. And the market is still hating on solar. And who knows where the market's headed. Though that August low held. So far.
BWEN back up to 42 cents. Off of 34 cent bottom in past week.
FSLR ended up a few percent. They got 2 buy ratings. If the solar hating is over, I do recommend GTAT, ASYS and JASO. And NENE as the Beave. (Sorry, a 60's TV junkie I was).
MXWL hit a new high and came back off it.
SPWRA hit a new low. I mean, you look at the price to book and price to sales ratios and you just shake your head. Even price to earnings. They even have earnings. But they may lose a DOE loan guarantee or 2. Who knows. And then there's Chinese solars. And there are a lot of stocks with mind-boggling low P/B's, P/S's and P/E's. I shall make up a list soon.
UBRG went down on their news. P/S of .08. I'm a buyer here.
WEST was back to 80 cents on their news. Solar kits.
Well, tomorrow I promise to be back to usual reports.
Happy trails, pards.
Tuesday, September 27, 2011
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