Tag Archives: boone pickens

Broadwind Energy (BWEN) Feeling The Canceled Pickens Wind Turbine Order

There’s a good piece from Eric Savitz over at Barron’s discussing the loss of business Broadwind Energy (BWEN) faces following the cancellation by Boone Pickens of half of that large, $2 billion wind turbine order from GE.  Broadwind supplies parts to GE for these turbines and the stock is getting hit as a result.  The selling picked up yesterday and continues today with record sell volume.  A return to the November lows appears inevitable.

Savitz … Read the rest