Remember how information technology became so sexy nine years ago? The price of oil today will drive up the price of especially new issues in the solar, wind and water stocks. SOLR is poised for accumulation in the coming days. Look at how positively the price has reacted in spite of the usual lawsuit news. Now imagine how any positive news will instigate further accumulation by institutions.
GT Solar International, Inc. (SOLR) reported earnings after the close Tuesday. This was the company’s first earnings announcement since becoming a public company on July 24th. The numbers looked very attractive with the company realizing revenues of $57.1 million, good for a 171% increase over the same quarter last year. Net income was $5.1 million [...]
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