As I mentioned last night, Veeco (VECO) reported earnings about inline, but their guidance was extraordinary and it led to a decent gap up open in the stock this morning, despite being way overextended. However, it’s giving it all back due to overall market weakness, profit taking and news that Citigroup has removed the stock from its Top Pick Live list. However, Citi still maintains its Buy rating. Hat tip to Street Insider for … Read the rest
All posts by Tate Dwinnell
Converted Organics (COIN) Surging With Volume After Reporting Same Store Sales Increase of 129%
Converted Organics (COIN) is rocketing higher this morning with very heavy volume after announcing moments ago that same store sales increased 129%. COIN sells its organic fertilizers at Whole Foods, Walmart, Sam’s Club and Big Box retailers.
The company has been aggressive in its marketing campaign and credits the advertising with driving sales. The campaign has involved in store merchandising, direct mail, magazines, email, text messages, social media (youtube, twitter, facebook, linked in) as … Read the rest
SunEdison (WFR) To Develop Up To 3 MW For The Remington Group
MEMC Electronic Materials’ SunEdison just announced that it has been selected to develop and construct as many as 14 rooftop solar PV systems for The Remington Group in Ontario, Canada. The systems, with an expected total capacity of up to 3 MW, will be build on top of Remington facilities and the power produced will be purchased by the Ontario Power Authority.
===> Click Here For Your FREE MEMC Electronic Materials Analysis
In a press … Read the rest
GT Solar (SOLR) Announces New Solar Ingot Furnace, Initiated With Outperform At Pacific Crest
GT Solar (SOLR) is seeing just a bit of positive pre-market action on news it has released new high performance ingot growth furnace for the solar industry providing 15% increased throughput, energy efficiency and higher quality. The new DSS450HP ingot furnace begin shipping this month and are expected to be installed at customer sites in May.
===> Click Here For Your FREE GT Solar Analysis
“Our DSS450HP furnace delivers a new level of performance that … Read the rest
Lazard Capital: Fisker Presents Significant Opportunity For A123 Systems (AONE); Thomas Weisel Starts At Market Weight
Lazard Capital noted that on Friday, the DOE’s big $528 million loan to Fisker Automotive for the development of its Karma and Nina electric vehicles closed. As the only battery supplier to Fisker, it represents a big opportunity for A123. Lazard maintains a Buy rating on the stock. On April 12th, Lazard confirmed that Chrysler will use A123 lithium batteries in its Fiat 500 line of electric cars which Lazard believes could be a … Read the rest
Veeco Instruments (VECO) Reports About Inline, But Shares Surge On Guidance
The LED revolution is treating Veeco Instruments (VECO) kindly as well.. almost as kindly as Cree Inc (CREE). The stock is up nearly 20 fold in just the past year and it’s up another 5% in after hours trading after posting earnings that were ahead of analyst estimates by a penny, while revenues were slightly below estimates. The company reported an EPS of .49/share which is a whopping 323% increase over the year ago quarter. … Read the rest
Green Stocks Central Begins Coverage Of Biofuels Play Codexis (CDXS)
Codexis (CDXS): This is an interesting, albeit speculative, biofuels play that debuted with an IPO just a few days ago on April 22nd. The company produces custom biocatalysts (aka “super enzymes”) for the biofuel and pharma industries. They are involved in a big research project with oil giant Shell (which also has a stake in the company) to develop advanced biofuels, where the super enzymes provide a catalyst in production. Greentech Media has an excellent … Read the rest
Green Stocks Central Begins Coverage Of LED Lighting Play Nexxus Lighting (NEXS)
Green Stocks Central also begins coverage of LED lighting play Nexxus Lighting (NEXS).
Nexxus Lighting (NEXS): Nexxus designs and manufacturers LED and fiber optic lighting for landscaping, pool, architectural, signage and commercial lighting applications. It’s a small, thinly traded company that has never posted a profit, but traders have been bidding up the stock in recent weeks on continued optimism for the LED industry. Nexxus isn’t what you’d call a top tier LED company, … Read the rest
Green Stocks Central Begins Coverage of Sensata Technologies (ST)
The green stocks universe continues to grow and I’m pleased to announce that we’ll begin coverage of three new green stock plays – one an LED play, another a speculative biofuels play and the other, a parts player in the solar and CNG vehicle industries. The first I want to highlight is Sensata Technologies (ST). The others in posts to follow..
Sensata Technologies (ST): Sensata debuted with its IPO on March 11th and has … Read the rest
Raser Technologies (RZ) To Begin Drilling At Lightning Dock, New Mexico In May
Raser Technologies just announced that it has chosen Barbour Well, Inc., of Henderson, Nevada as its drilling contractor for the Lightning Dock, New Mexico project. Drilling is expected to begin next month, in May. They will start by re-entering an old well drilled in 1984 and left idle waiting for development that never happened.
Raser expects the Lightning Dock project to qualify for a grant of approximately $22 million under the American Recovery and Reinvestment … Read the rest