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FatalWishes
Administrator
Posts: 5589
Registered: 6/24/2004
Location: Fort Worth Texas
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Mood: Aging Cynic
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EMCORE (EMKR)
| Quote From Source: | EMCORE Warms Up To Solar Energy
EMCORE's warming up fast to the high-flying solar energy market.
On Wednesday, the EMCORE Corp. (nasdaq: EMKR - news - people ) agreed to supply 60 megawatts of solar power systems to be deployed in Ontario, Canada over the next three years.
Shares of the company soared on the news and were exchanging hands at $11.28 in late-afternoon trading, a 19.8%, or $1.86, rise from Tuesday's closing price.
| | Click source url to view entire story. |
Source Forbes
Source URL:
http://www.forbes.com/2007/1...kets27.html?partner=yahootix
On a normal bull day this stock would have jumped 5 bucks.
A thousand bucks would have bought 106 shares at $9.42 so closing up 1.86 is only 197.00 but on a normal day it would have netted you over 500.00.
The lower priced stocks you need to watch are YGE, CSIQ, ENER, EMKR, ASTI, and SOLF. These stocks jump big on good news. The flat out leaders of this industry group are STP, FSLR, LDK, JASO and SPWR. STP is the best solar stock right now.
You do NOT want to be trading in this bear market right now. You can lose your ass....wait until things improve in this market. The last wo days of gains have winded up as losses.....If you buy in the morning you will sit and watch prices go down as it closes lower than you bought it. Either this market is ready to roll over and crash or we will trade sideways for a couple more days and head back up for a bit. This is not a market for new ppl. You should be trading on paper and picking stocks to watch. There are VERY few stocks inching up. If this market rolls over everybody will get nailed. There are relatively very few safe stocks.
Do NOT jump into this market right now if you have never traded before. These are dangerous times.
They should take the warning labels off of everything and let stupidity sort itself out.
Please check out our new website at www.globalwarmingisnotreal.com |
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posted on 12/12/2007 at 21:02
