Evergreen Solar, Inc. (NASDAQOTH:ESLRQ)

CAPS Rating: 1 out of 5

The Company develops, manufactures and markets solar power products enabled by its proprietary String Ribbontm technology that provide reliable and environmentally clean electric power throughout the world.

Recs

1
Player Avatar NYCRuss (< 20) Submitted: 1/29/2009 3:43:26 PM : Outperform Start Price: $13.02 ESLRQ Score: -237.43

Evergreen is currently experiencing growing pains due to credit availability. They have a several quarters of production already sold. The Obama administration's agenda promises to lift companies such as ESLR.Most importantly, this stock has been so battered in recent trading, that technical indicators make this a buy at $2.17 (as of this posting.)

Member Avatar XMFCinco (29.79) Submitted: 6/10/2009 10:52:42 PM
Recs: 0

HELLO? Is no one concerned that this company over the last 4 years is just losing more and more money? i mean, even though they've slightly increased sales, they keep LOSING MONEY! Like crazy amounts of money. I just dont see how this company will survive. I don't see how several quarters of production would make any difference when they lose more money the more sales they make. Unless the Obama administration just gives them oodles of money (which i dont think they'll do, they just don't strike me as very intelligent people) i don't see this stock going anywhere long-term. Short term they may rise a bit because people still haven't caught on that this company will fold within a few years.

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