Tuesday, March 31, 2009

STP 's sunny run

Financials back under the spotlight the next couple of days. It feels bullish, but that could also mean nothing more than a big letdown could be ahead. I've seen it before with beaten-down, longshot stocks. One day, I'll refrain from such things and stick with the reliables.

A new reliable (sort of) is the China stimulus package, which means a $30 billion infusion into the solar industry there. That's why STP is on fire and has been the past few days. I'd love to get a few shares on a dip. STP is the whole package when it comes to solar and they will not have competition from anywhere else. That's right, Big Brother rules there. Apparently, BB rules here, too.

No comments: