ESLR-Solar Energy

[scrapdaddy]

MrMarketisHuge!!! what do you think about this stock?


Alternative energy is also on the minds of the gurus. Marlboro, Mass.-based Evergreen Solar (nasdaq: ESLR - news - people ), which makes solar power generators, is a new position for the M100, but it's now in the top 5% of their holdings. The stock is up 124%, to $7, over the last three months. Two weeks ago, the company announced that fourth-quarter 2004 revenues were up 564%, to $9.3 million. While Evergreen still ran at a loss for that quarter, the loss narrowed 36%, to $3.8 million, or 8 cents per share.

Forbes article:

http://www.forbes.com/newsletter/2005/03/08/cz_mr_0308gurupicks_inl.html

[scrapdaddy]

it's moving up...nice article in Motley Fool yesterday

http://biz.yahoo.com/fool/050315/1110902400_1.html

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Motley Fool
Clean Energy Cleans Up
Tuesday March 15, 11:00 am ET
By Tim Beyers (TMFMileHigh)


Chalk one up for the glass-half-full crowd. Yesterday, PG&E , California's largest utility, made good on a 2003 settlement with the California Public Utilities Commission that required it to invest in clean energy sources. The deal, which sets aside $30 million for funding start-ups involved with clean or renewable energy technologies, stems from PG&E's 2001 bankruptcy filing. (Talk about making lemonade.)
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The news is striking for two reasons. First, the $30 million is double what was originally earmarked. That signals an interest on the part of the company to earn more profits from renewable sources. Yeah, I know $30 million is barely a rounding error for a $20 billion company. But progress is progress. And $30 million is nothing to sneeze at when you're a start-up, or a small cap like Evergreen Solar .

Second, the fund is attracting the interest of some major venture capital firms. Nth Power, Draper Fisher Jurvetson, and VantagePoint Venture Partners have all signed up to help manage the fund. And Nth Power and Draper Fisher will have skin in the game, matching funds they invest on behalf of the fund dollar for dollar, up to the $8.5 million each will have under management. That, too, signals an important commitment to the sector that should have investors salivating.

Why? Because venture investors have a history of bringing forth huge stock market winners, including current faves Apple Computer and Google . What's instructive is that the Silicon Valley firms that funded Apple and Google had several bets in the same or adjoining sectors. In essence, these capitalists helped erect entire industries and, as a result, helped ensure massive returns for their limited partners.

It's not unreasonable to expect the same for clean energy. As more VCs join the party more money will flow in, creating a sturdy industry that could grow to be worth billions. Will it happen overnight? No, this is still an infantile market. But adolescence is a whole lot closer today than it was yesterday.

For related Foolishness:


We've got more renewable energy investing ideas if you'd like to energize your portfolio.
PG&E's dividend looks fishy. It isn't.

[mrmarket]

I work for an oil company. Maybe you can guess how much I like solar energy.

[scrapdaddy]

Its moving up fast....is anybody else in this?

cmon ppl...get in, its still early...

http://finance.yahoo.com/q?s=ESLR&d=b

no news is out and the last two days the stock has been lifting off...

[Websman]

What are you? A stock pumper?

[scrapdaddy]

who's your daddy?

no, i am your daddy.


Scrap...Daddy that is.

[Websman]

no, i am your daddy.


Scrap...Daddy that is.

Good comeback. You'll fit right in. Welcome to the board!

[scrapdaddy]

LOL, cool...thanks

ESLR was just highlighted on CNBC price target $15-$20

Personally, I would'nt be surprise if we see a new trend in these earth saver stocks (Renewable energies).

DSTI is another one.

[Websman]

LOL, cool...thanks

ESLR was just highlighted on CNBC price target $15-$20

Personally, I would'nt be surprise if we see a new trend in these earth saver stocks (Renewable energies).

DSTI is another one.

That's a heck of a price target, considering it's now at $7.81. I'm assuming you own it.
I'll be taking a closer look at it.

Thanks,

[scrapdaddy]

Yeah, I thought $20 was high too...I do own it, bought it two weeks ago.

It could get legs...if speculation ramps it up....let me know what you think.

Thanks.

[Jaws57]

Interesting stock. I might buy some if it pulls back. I own ENER which makes thin film solar PV cells, among other things. The alternative energy field is a good place to put some money in on a speculative basis. I have had some success with FCEL and QTWW.

I have some solar cells in my back yard to power the lights and whatever else I plug in back there. There is even enough power there to plug in my smaller fridge and keep my beer cold when the power goes out!!! It is more of a hobby than an attempt to save money. If the price of the PV cells can get to $1.00/watt then that would be huge.

[kelloggs]

Dsti, Spwr, Xsnx

Solar Power stocks are starting to get noticed. What do you think of SPWR, DSTI, and XSNX all of which have made big gains recently. Do they go higher?

[kelloggs]

XSNX is pushing a new 52 week high today with very heavy volume. Must be institutional buying?

[DSteckler]

XSNX is pushing a new 52 week high today with very heavy volume. Must be institutional buying?

Doubtful that insitutions are buying a BB stock. Hedge funds can but mutual funds cannot.

[Lyehopper]

I sometimes short trade ESLR.... this stock is way overvalued imo.... as is DSTI and ENER.

I have made out ok shorting it.... but I must admit that ESLR (short) has burned me very recently and made me gun shy....

These alternative energy stocks kinda remind me of some biotech and experimental drug stocks.... Very speculative and very dangerous.