Wednesday, February 13, 2008

Suntech to knock it out of the park?

Though I have a soft spot for Hoku Scientific (as a local company), Suntech Power also has my attention. Even with today's insane surge (15%), STP is way, way, way off its high of 90. At 53, STP is off it's high by 41%. Suntech reports next week (Feb. 20). The stock is above its 200-day SMA (47), below its 100-day SMA (60). Volume was huge today. The stock ain't cheap, but it's still a reasonable price. Might walk out of DIS to get some STP.

No comments: