SOL: A Recycled Solar Burritoby RaginCajun on March 9th, 2008 at 3:00 pm |
(SOL: 7.13 +4.55%) Price 9.15
We have a bunch of solar companies reporting in the next few weeks so I decided to do a little research and find the best opportunity, should the group catch fire.
ReneSolar (SOL: 7.13 +4.55%), (LDK: 19.06 -7.16%) & (WFR: 22.00 -2.57%) all manufacture solar wafers for solar modules. However, ReneSolar recycles silicon and supplies the product at discount prices, thus creating higher margins to its customers (JA Solar, Solarfun, & Suntech Power).
With (JASO: 6.43 +3.88%) reporting on Wednesday, I will be watching (SOL: 7.13 +4.55%). With good volume, this one could make a run.
Here are a few facts:
- Trades on the London Exchange, and now trades on the NYSE as an ADR.
- When comparing P/E ratios, it is the cheapest.
- The stock has a small float of 10 mill, and can get moving quickly.
- Company reports on March 19th
- Video on SOL
Just something to watch.









RUN!!! With FSLR getting it’s legs chopped off, I shorted SPWR heavy. Hope you got out.
March 10th, 2008 at 2:47 pm[...] I gave this to you @ $9.15, no thanks needed. [...]
May 15th, 2008 at 3:49 pm