Thursday, February 21, 2008

HOKU bucks trend

How did Hoku Scientific buck the declining solar sector today? HOKU up 4.3% to 9.59 while the sector fell off a cliff. Shares were below 9 in the final hour, but big buying in the last few minutes pushed it up. The news? There is no news.

I almost bought some yesterday, but decided to wait for 8.50 or even 8.00. I'll be patient here. HOKU will be a winner in 2009. No price target here, but that's my expectation.

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