SunPower's stock has surged 140% since its November IPO.
And it seems that still has more room to grow, especially since the insiders hold more than 80% of the stock, the float is less than 8M & the short interest is up more than 90% in the last month.<g>
However, I would like to wait & see if it is going to test or not support at the 40-41 level & besides, it is beyond my buying range.<g>
STP earnings on the last Q were unchanged in spite of better revenues & it hasn't been popular with the shorts. But the insiders hold more than 50% and EE are almost double for this year and again for 2007, not bad, although I am not sure it is enough to justify its PE.<g>
ESLR had the same loss on its last Q in spite of better revenues, and although it announced a significant contract on Feb.28, the loss for the year isn't expected to be much different as it isn't projected to be on the black until 2007.However, the stock has had a 500% gain since Oct.2004.<g>
EPG's loss in the last Q was almost unchanged & it had lower revenues. It is trying to find support at the 9 level & has a better looking one yet at 8, but the EL for 2005 & for 2006 is larger than the $0.86/shr of 2004.<g> The short position remains low, but increased 200% in the last month. |
