Friday, May 4, 2012

FRIDAY OPEN

(stock #'s in %)

Market down 119/44/15. Volume normal. Oil down $4 to under $99. Dow just above 50-day lines, S&P at them and Naz under. Labor force shrunk 350K, 115K new jobs, rate down to 8.1%. And sell in May and go away, as inane as it may be, is working again.

IFXY up 77 on nominal volume. Just the way it is. POWI up 16 after reporting Q last night, a zoom off top (50-day) lines. ABAT up another 12 in day 3 of runup, don't know if I would pile on or not. SATC up 10, just over 50-days. AMRS up 7 in bounce back. AONE up 4, tracking under 50's. NTCXF up another 4, almost double from where I bought it back in late March. CLNT up 1.

CRGE down 23, back under 50's. CABN down 16 on nominal volume, normal for them. NFEC down 11, back under $2. HOKU down 9, new bottom. PWER down 9 after reporting Q last night, back off from 50's. FSYS down 9 more on day 2 of plunge that company says "not justified". Join the club. ZOLT down 8 after reporting (turned profit), down to bottom (200) line and covered the gap from Feb. In normal market, I would buy it here. GEVO down 6, fell below bottom line. FSLR down 4, new low, after reporting Q and big loss. MXWL, NENE down 2.

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