Our Performance

Jun 03, 2008
Author: SCP Editor

June 3, 2008 - Since we re-launched the Small Cap Pulse on April 24, we have made several recommendations and want to take the time to contrast our performance with the indices. As of this morning, we are up 10% (on 12 recommendations) while the DJIA is down 2%, the Nasdaq is up 4% and the S&P is up 1%. Here are the companies we have recommended and a related comments:  

  • LDK Solar (NYSE:LDK) – recommended on April 24 at $31. The stock is at the $44 level this morning (up 44%). Our 2008 target price is $57 to $64.
  • EnerNOC (Nasdaq:ENOC) – recommended on May 5 at $14.36. The stock is at the $14 level this morning (no change).
  • Verenium (Nasdaq:VRNM) – recommended on May 5 at $2.98. The stock is at $2.35 this morning (down 21%). Our 2008 target range is $3.50 to $5.30.
  • Conmed (OTCBB:CMHM) – recommended on May 7 at $2.00. The stock is at $2.05 this morning (up 2%). Our takeout target is $4.00.
  • Hydrogenics (Nasdaq:HYGS) – recommended on May 14 at $0.73. The stock is at $0.90 this morning (up 23%).
  • A-Power (Nasdaq:APWR) – recommended on May 16 at $22.59. The stock is at $23.90 this morning (up 6%). Our 2008 target price is $32 to $42.
  • Composite Technology (OTCBB:CPTC) – recommended on May 21 at $0.92. The stock is at $1.09 this morning (up 18%). Our 2008 target price is $2 to $3.
  • Arabian American Development Co. (Nasdaq:ARSD) – recommended on May 22, 2008 at $5.90. The stock is at $5.50 this morning (down 7%). Our 2009 target price is $12 to $13.
  • Echelon (Nasdaq:ELON) – recommended on May 23 at $12.00. The stock is at $14.38 this morning (up 20%). Our 2008 target price is $15-$16.
  • Yingli Green Energy (NYSE:YGE) – recommended on May 30, 2008 at $19.94. The stock is at $20.30 this morning (up 2%). Our 2008 target price is $27 to $29.
  • Akeena Solar (Nasdaq:AKNS) – recommended SHORT on June 2, 2008 at $6.60. The stock is at $6.41 (up 3%). Our 2008 target stock price is $3.50.
 As is probably apparent by now, we are pretty focused on the renewable energy and clean tech industries, and believe with rising oil prices and pending legislation that this sector will continue to outperform for the foreseeable future.  Disclosure Note: SCPEditor is Long LDK, VRNM, APWR, ELON and YGE.  




HOME | PROFILES | ALERTS | RESOURCES | QUOTES/NEWS | CONTACT US

Seacoast Advisors, Inc. is a publisher. We are not registered as a securities broker-dealer or an investment adviser either with the U.S. Securities and Exchange Commission or with any state securities regulatory authority. The material provided on the website is for general informational purposes only. No information on the website is intended as securities brokerage, investment, tax, accounting or legal advice, as an offer or solicitation of an offer to sell or buy . . .

Click here to read more. 

 

Our focus at Small Cap Pulse is to provide our readers with timely and insightful stock ideas and market information that is value-added. Some of the companies that we introduce our clients, and our only axe to grind is making their story better known. Most of the companies that we discuss are just companies that we think you should know about, as well as the fundamentals that we think will drive their stock prices higher, and in some cases lower . . .

Click here to read more.