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Holding: APWR

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Symbol Sector Return Exposure Trades Last Trade Status
APWR Heavy Construction 5.66%  n/a 9  23-Oct-08  Prior Holding
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06-Jul-08

Why I’ll Never Buy Stocks That Are Breaking Down, No Matter How Much Kool-Aid Is Involved

Holding Rationale for APWR.

No matter that oil continues hitting its highs, nearly all of the recently hot energy stocks–from the strung-out junkie-like wannabe real alternative energy plays like Capstone Turbine Corporation (CPST), Quantum Fuel Systems Technologies (QTWW) and A-Power Energy Generation Systems, Ltd. (APWR) to piece of crap AMEX plays like Fieldpoint Petroleum Corporation (FPP) and Pyramid Oil Company (PDO)–have faded quite nicely over the past few days. People are scratching their heads and thinking, oil is high, these stocks should rebound, right?

Unfortunately, this gutter of a niche with the worst companies in the world, isn’t that simple. I’m not bashing–I have no positions in any of these stocks–it’s just the reality, these companies will fail and/or their stocks will return to pre-exponential rise prices over the next few months and years. Maybe one or two will stabilize, but that’s pushing it. All their little earnings reports that show such strong growth and profits, ALL of them can and have been manipulated to appear great. Creative accounting, works like a charm, stings investors like a bee.

And that’s why these stocks can … [visit site to read more]

Tagged Stocks: CPST, FPP, PDO, APWR

 

Posted at 12:23 in Holding Rationales  |   Permalink  |   Comments ()     |  Top

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TimothySykes

APWR Out
Rank 10/60
Return 5.66% at 2008-12-03
Rank 10/60
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