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Is Solar Energy DEAD?
Am interesting concept was posted by Jeff Siegal in his FREE newsletter called Wealth Daily in the 2/8/08 article entitled "Bargain Hunting for Solar " He presents an interesting concept for making money in Solar Energy.
Take a look at Daystar Technologies NASDAQ DSTI for instance.
*Change Time period to 1 yr on chart
Had you put $10,000 on DSTI every time it fell below $4.00 in 2007 and sold at $5.00, here's what you would've walked away with:
Date
Entry Price
Sell Price
Holding Time
Percentage Gain
Total gain on 10k
March 7, 2007
$3.94
$5.00
6 trading days
26%
$2,600
May 10, 2007
$3.87
$5.00
17 trading days
29%
$2,900
August 6, 2007
$3.88
$5.00
28 trading days
28%
$2,800
Nov. 20, 2007
$3.91
$5.00
22 trading days
27%
$2,700
Total: $11,000
Now take a look at SOEN.OB
*Change time period to 1 yr on chart
Had you put $10,000 on SOEN every time it fell below $1.00 in 2007 and sold at $1.20, here's what you would've walked away with:
Date
Entry Price
Sell Price
Holding Time
Percentage Gain
Total gain on 10k
Feb. 23, 2007
$0.93
$1.20
13 trading days
29%
$2,900
August 23, 2007
$0.98
$1.20
6 trading days
22%
$2,200
Sept. 20, 2007
$0.99
$1.20
4 trading days
21%
$2,100
November 5, 2007
$0.99
$1.20
34 trading days
21%
$2,100
Total: $9,300
As Of 2/8/08 DSTI closed at $3.35 and SOEN closed at $.90
NOW may be the time to enter both stocks and follow the pattern mentioned above? Any thoughts on these trades...your input would be deeply appreciated . Thank You !
Take a look at Daystar Technologies NASDAQ DSTI for instance.
*Change Time period to 1 yr on chart
Had you put $10,000 on DSTI every time it fell below $4.00 in 2007 and sold at $5.00, here's what you would've walked away with:
Date
Entry Price
Sell Price
Holding Time
Percentage Gain
Total gain on 10k
March 7, 2007
$3.94
$5.00
6 trading days
26%
$2,600
May 10, 2007
$3.87
$5.00
17 trading days
29%
$2,900
August 6, 2007
$3.88
$5.00
28 trading days
28%
$2,800
Nov. 20, 2007
$3.91
$5.00
22 trading days
27%
$2,700
Total: $11,000
Now take a look at SOEN.OB
*Change time period to 1 yr on chart
Had you put $10,000 on SOEN every time it fell below $1.00 in 2007 and sold at $1.20, here's what you would've walked away with:
Date
Entry Price
Sell Price
Holding Time
Percentage Gain
Total gain on 10k
Feb. 23, 2007
$0.93
$1.20
13 trading days
29%
$2,900
August 23, 2007
$0.98
$1.20
6 trading days
22%
$2,200
Sept. 20, 2007
$0.99
$1.20
4 trading days
21%
$2,100
November 5, 2007
$0.99
$1.20
34 trading days
21%
$2,100
Total: $9,300
As Of 2/8/08 DSTI closed at $3.35 and SOEN closed at $.90
NOW may be the time to enter both stocks and follow the pattern mentioned above? Any thoughts on these trades...your input would be deeply appreciated . Thank You !
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