3SOF

As much as I like ESLR, I'll have to give a caution here...ESLR has been "Cramerized" That would probably also account for the action today?

Cramer "Mad Money" Recap

On Friday's edition, Jim said to buy Wynn Resorts (WYNN) on Monday and sell it Tuesday after it reports. Cramer said he recommends this trade because some unofficial numbers came out from Macau, and if they are true, they could translate into big gains for Wynn. Cisco (CSCO) could report a "blowout" quarter next week, he says. He says it's a buy before it reports on Wednesday. He is also bullish on Four Seasons (FS) and Walt Disney (DIS) before each reports. He also favors AIG (AIG) due to the lack of hurricanes. Finally, he rates Evergreen Solar (ESLR) as an alternative-energy play Monday and says to sell on Wednesday.

Cramer was bullish on Yamana Gold (AUY), Mattel (MAT), Hasbro (HAS), Philadelphia Consolidated Holding (PHLY), Schering-Plough (SGP), Johnson & Johnson (JNJ), AES (AES) and LSI Logic (LSI).

Cramer was bearish on Newmont Mining (NEM), Anthracite Capital (AHR), Pfizer (PFE), Oshkosh Truck (OSK), Qualcomm (QCOM), Applied Materials (AMAT) and Chico's (CHS).

ESLR is trading in the 9s and looking better by the day  . David or Michael should do a anaylsis on ESLR.

1) please merge all ESLR threads

2)
Evergreen Solar initiated with "buy"
Wednesday, November 22, 2006 10:11:51 AM ET
Needham & Co
NEW YORK, November 22 (newratings.com) - Analysts at Needham & Co initiate coverage of Evergreen Solar Inc (ESLR.NAS) with a "buy" rating. The target price is set to $12.

3)
Chart

Quote from: la-onda on November 22, 2006, 11:10:19 AM
1) please merge all ESLR threads

Okay, Oliver, I merged them (I hope). 

From now on, I won't make a separate post when I merge folders, but we'd all appreciate it if members would use the SEARCH function at the top of each board, before starting a new folder.

If anyone forgets to use the SEARCH function first , before starting a new folder, I'm turning you over to Setravis, and he can do whatever he wants with you.

IT WON'T BE PRETTY.   

Hey guys, anyone here had a look at SPWR (SunPower)?

Another rapidly growing solar cell manufacturer, the chart looks good, and I picked up some on Wednesday.  The thread is here...

http://www.3stocksonfire.org/trading/index.php?topic=7420.0

Just interested in other opinions...

cheers, and hope you all had a nice Thanksgiving 
ST

Quote from: Melf Elf on November 24, 2006, 07:27:33 AM

Quote from: la-onda on November 22, 2006, 11:10:19 AM
1) please merge all ESLR threads

Okay, Oliver, I merged them (I hope). 

From now on, I won't make a separate post when I merge folders, but we'd all appreciate it if members would use the SEARCH function at the top of each board, before starting a new folder.

If anyone forgets to use the SEARCH function first , before starting a new folder, I'm turning you over to Setravis, and he can do whatever he wants with you.

IT WON'T BE PRETTY.   

LOL    "It won't be pretty" 

Looks like today is a good buying oppertunity for ESLR.

ESLR closed lower today in the low 8s, it still hasnt turned around. ESLR may bleed another few weeks till it settles at support possibly in the 7s. Keep a eye on ESLR it may be a good stock to buy in january and ride up in 2007.

 

how low will ELSR go ?

Given the fact ESLR is in the same industry as DSTI which hit huge today, would one expect or assume a similar pattern? I would like to hit ESLR the same as I did DSTI but not sure of the long term growth for either. Anyone have an opinion?

ESLR has 2 factories I believe outputing products. It is also making money, while DSTI is still in a developement stage. So I would say ESLR is the safer investment of the two and a more solid company to invest in. I dont know how much lower ESLR can go it seems to be suffer from investors cutting their losses from last year and the oil dropping below $55 a barrel. I believe now is a good time to get back into ESLR (it is near the range before the run up happened.)

Quote from: nullzero on January 11, 2007, 01:41:18 PM
I dont know how much lower ESLR can go it seems to be suffer from investors cutting their losses from last year and the oil dropping below $55 a barrel.

nullz,

Yeah, those factors have been hurting it, as well as the technical break of the Symmetrical Triangle, on December 7.

Quote
I believe now is a good time to get back into ESLR (it is near the range before the run up happened.

The 7.27 target MADE.  It didn't Double Bottom there though, and closed below it on Tuesday.  It's back above 7.27, and on a Bullish Engulfer, so we'll see.

Given the bearish patterns, failures at resistance, and the fact that all of the downside targets since the H&S Top last spring have MADE, I'd want to see ESLR do something bullish since 7.27 support was broken, and since 6.10 still is IN PLAY.

BTW, Needham made an untimely call for $12 in late November, when ESLR was at $9.  It would be interesting to know if that's still their target, with ESLR at $7.

ESLR remains in a downtrending channel.  Not looking too nice.  But it does look like it may have some support at 7.10, and may be trying for a W-bottom reversal here.  To confirm this interpretation it needs to get above 7.85 resistance, and ideally get back  into the $8 reange.  Might be a good entry here for bottom fishers.

hey Scot - good call on this, applaud to you! I read your post last week and liked the bottoming pattern too, so took a position at 7.50 on Thursday's pullback. Hoping it gaps over the trendline at the open.

ESLR sitting slightly below resistance at 9.25. Volume has been picking up which way will it go . It looks like it has a good chance of breaking out.