Username Password
S&P 500: 1,340.35 Change: -0.84%
Viiking
P&P Score: 99.98 | Points: 1297.48 | Accuracy: 65.71 | Average Pick Score: 41.47   Annual Return: N/A  
Open
 
Closed
 
All
 
Commentary
SELL: ENERGY CONVERSION DEVICES INC. (ENER) Rating: 3
Start Price: $10.94
Points: +8.84
Created: 11/13/2009
First point.Institutional holdings of ENERGY decreased significantly. 2. ENERGY missed analyst earnings estimates.I think these are negative news enough for couple month to bend stock price down.

1 Comment(s):

Author Fliujniligui     Date 2009-12-01 22:44:02
This is a cadaver. Shareholders' equity is higher than market cap, giving room to wait many years to recover profitability. However this stock is not a real bargain since competitivity and profitability recovery are not to be taken for granted here.
Want to comment on this post? Sign up now. It's FREE!
Already registered? Log In.

register
Sponsored Links