Hoku (HOKU) was up nearly 14% today and looks ready to attack the 200 day moving average around 8/share in the coming weeks following news that the company signed a $455 million supply contract with Solargiga Energy Holdings.

Under terms of the deal, Hoku will supply polysilicon to Solargiga over a 10 year period and up to $455 million may be payable to Hoku during the 10 year period, subject to product deliveries and … Read the rest