Saturday, September 22, 2012

FRIDAY CLOSE

(stock #'s in %)

Market flat and mixed. Volume huge - double normal, options Friday. Oil under $92 says Yahoo.

NGLPF up 56. CSOL up 35. CBWP up 28. HOKU up 27. GERS up 19. ECTY, LEXG, RSOL up 17. ECTY a peek over 50-day lines. LEXG got up to theirs, then fell back. RSOL off their bottom. CSUN, CPWY, XDSL up 16. CSUN at triple bottom going back to Jan. APWR up 15. WTWO up 13. AONE up 12 in turn back up. AQNM up 12. SLMU up 11. KNDI up 10, back to highs. ELON, CERP up 9. ELON starting to climb out. CERP climbing out off double bottom, over 50-days. JASO up 8. SYNM up 7. XSNX up 3. ORYN up 2, climbing out.

PPRW down 42, back under 50's. VNDB down 38, back to bottom. PEIX down 29 on that new issue. Back to bottom (50-day) line. Reverse split wouldn't surprise me. CSGH down 20. LEOM down 16. ZAAP down 13. NENE down 12, another chance to buy. FSLR down 6.

AVRW flat. Announced 1-for-50 reverse split which will put price up near $100. Only $15M valuation. Extremely low P/B and P/S. Will give them only 160K shares outstanding. Maybe they will issue new stock up at that height. Dallas corn ethanol maker, other related products. Revs ~$900M in '11, double from '10. Last reported in March. So there's a problem. Revs only $200M, $22M loss. May be one to watch.

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