Thursday, January 10, 2008

Everything Expected, sans BAC & CFC...

I expected today to go green... Ben and his promises being my basis... but the sentiment is so bearish... the market needed the BAC report to go positive, i would have thought Ben could do that for the market. As it is...l say that CFC being bought out by BAC will be my way of say Hello to BAC puts. And yet, if this thing doesnʻt go through, we all know where the market is headed from there.

The State of Hawaii plans to purchase a bunch of Solar to help with rising energy costs. HOKU, being local, will no doubt get some of the action... how can it not, when they will eventually pump the money back in tax dollars. So, as a spec HOKU may be a nice position to hold out of the solars... the worry is can a smaller shop like HOKU have the necessary resources to handle initial expenses (polysilicon is not cheap)

AAPL as i daily mention. will hopefully close flat... i donʻt need it bleeding... just flat...
Jan 15... action and suspense awaits... and alot of $ flying

1 comment:

Gio said...

Hoku! ... I hate them. Haha. But any news can bring hoku up in a blink. U really gotta time hoku right, cuz its a $5 stock in my mind. Hoku is 99 percent naval contracted, so if they do go consumer base, then the stock is already priced in. I've watched hoku from its ipo... Its a low float stock with a lot of manipulation.