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Non-Tech : Alternative energy

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To: Jacob Snyder who wrote (9662)1/18/2011 5:40:39 PM
From: Jacob Snyder  Read Replies (1) of 16955
 
FSLR: up $7+ today, almost up to $150 (resistance, where it has peaked repeatedly).

It was announced yesterday that First Solar (FSLR) has cleared the last of the red tape needed to get the big 230MW AV Solar Ranch project in LA County off the ground... ...there were fears that this project would be delayed until 2012 due to an appeal by Northrop Grumman which was concerned the project would disturb their secret testing facility in the area. greenstockscentral.com



disclosure: still holding all the FSLR I bought at $125 and $126. I'll probably sell half at $150. Buy back beginning at the 200dma ($130), fully invested at $100 (strong support).
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