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6 pts

Opinion on  Akeena Solar Inc. (AKNS)     Sector: Utilities  >  Industry: Electric Utilities
Bullish on AKNS ...

Feb 05, 2008 09:55 PM GMT

I like this one..I've been to their new offices in Los Gatos, CA. They seem very legit. They're not a producer of solar, but a designer that implements them to homes and businesses. They are opening more operations around the country. Right now, solar upgrades are expensive on the retail end. But eventually, prices will level out. The angle you want to play is this company's growth in market share. New product announcements will drive this stock along with earnings since it is mature enough for it to count. It's not one of those companies that trade just on news alone. The downside is that hedge funds have a big portion of this company. These guys are addicted to doing PIPE deals. They will come out one morning and say they did a deal at $8 bucks when their stock is at $9.50 and it'll drop. They need to find a solid small cap banker to represent them. As far as i know there is no research on the street. Maybe a few small time arm chair research reports. Hmmm...maybe I should write one? I am qualified.


AKNS:  This call was made on 02/05/08 @ $7.4
Rating:   Positive   $7.4 (02/05/08)
Gain/Loss:   -87.03% in 643 days


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