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IBDvalueinvestin (98.55)

Chances Oil breaks $100+ again in 2011 are great



November 15, 2010 – Comments (1) | RELATED TICKERS: ASYS , LDKYQ , FSLR

When Oil breaks $100+ in 2011 at some point, thats when all the attention will turn to the alternative energy stocks again.

Solar, Wind, Thermal, 

Today solar stocks just get shorted everytime they report earnings , does not matter if they crush earnings. Examples LDK last week and CSUN & ASYS today.

2011 though may be a different mood for wall street as they see oil shoot over $100+ for the first time since the crash. ASYS will be one company that will be taking advantage of the mood shift in Solar as it guided to $200M sales in 2011. 

Today though, ASYS is up +1.55 but thats a far cry from what it could have been up if this was 2011 right now and oil over $100+. 

In 2008 when oil hit $147 , Solar stocks would soar to dizzy highs if they reported estimate beats on the percentage surprise that ASYS just reported today. Oh well , I guess we have to wait out till the sentiment shifts in Solar with the spike in oil in 2011.

1 Comments – Post Your Own

#1) On November 15, 2010 at 2:55 PM, Joshberko (< 20) wrote:

$100 oil would definitely benefit the rails. 

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