Issue: 6/2/2008

 

Foreign Stocks

APWR @ $23.43 (A-Power Energy) is a Chinese provider of distributed power generation systems to factories and users in China. Revenues have increased 55% during the last four quarters as earnings grew 100%. They are expected to announce earnings on Friday, so we will establish half a position here and add the remaining half after their earnings announcement, hopefully on a pull back to the $20 level. Our stop loss will be set at $18.


 

 




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Posted 06-02-2008 9:11 PM by Dave Dispennette
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