Bookkeeping: New Position in Energy Conversion Devices (ENER)

I am adding yet another name to the solar mix - Energy Conversion Devices (ENER). The stock has now dropped from $83s to $59s in 2 weeks or about 30%. I deemed it too expensive (it is still expensive but it is all relative) at that point [Jun 17: Energy Conversion Devices (ENER) Now Trades on Par with First Solar (FSLR)] so we'll start here with a beginner stake and see if we can get lower prices. If not, at least we have a toehold - this is our 5th solar name in our solar basket and enough for me in terms of "number of names". I'll simply add or subtract exposure by buying or selling shares in the names we already own.

325 shares just under $60 or a 1.8% stake. ENER is one of the most expensive names in the sector but one of the current "favored" sons.

[May 8: Energy Conversion Devices - Is the Turnaround Finally Here?]

Long Energy Conversion Devices in fund and personal account