Re: 25% drop in SP
in response to
by
posted on
Feb 04, 2009 04:18PM
high performance solar technology
A Bright Future Leveraged by High-Efficiency ARISE PV Cells
I hesitate to say it can't go much lower, as the only real floor any stock has is zero! However, I continue to feel that this company has some tremendous potential, and if the major indexes weren't half of what they had been a few months ago, that potential would be valued in the market.
We are in an area that has great future demand, we are producing, hitting milestones and are not desperate for cash. We have facilities in the solar energy hotbed, Germany. I think if we turned off our computers for a year or two, our biggest regret when we fired them up in 2011 to check our PF would be not buying more. I am not pleased about this drop, however I still plan on buying more APV for my TFSA, I will just buy an extra thousand for the same money.
Hey, look on the bright side, We can confidently say it will not drop more than 31 cents... we couldn't say that this time last yr! Also, we held at or above lows set in Nov, and hopefully this level is truly the bottom.
Cheers.