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Recs
Today I have a new Trading Idea for you to look at.
I'll get straight to the details about today's Trading Idea so you can take a look for yourself at this brand new company in one of my favorite sectors.
Company Name: Magnolia Solar Corporation
Trading Symbol: MGLT
Yahoo! Finance: http://finance.yahoo.com/q?s=MGLT.OB
Company Website: http://www.magnoliasolar.com/
Keep in mind that this company is pretty new, and doesn't have much of a trading history. Stocks like this can literally EXPLODE, and show huge gains, but you need to keep your trading rules in check! That being said, I've personally witnessed some of the biggest intra-day % gains in my life, on new companies like this, so be sure to put it on your watch list.
I first noticed this company a few weeks back, and since that time I have been conducting some due diligence on it. The more I delve into this company, the more potential I notice, so I wanted to share with you what I've found so far.
Beginning from MGLT's short term potential of providing shareholders with immense profits as well as having the necessary industry and corporate structure to make it a long term investment, I find that MGLT just may be in the right sector, at the right time, with the right management team... This can be a very strong recipe, that has the potential of showing us extraordinary gains.
About Magnolia Solar Corporation (MGLT)
(MGLT) develops and produces low cost, high efficiency, thin film solar cell modules.
(MGLT) technology addresses three primary goals:
• Efficiency -(MGLT) employs multiple approaches using nano/micro materials processes and a proprietary composite design to a broader spectrum of light energy.
• Cost - Unlike high cost multi-layer triple junction solar cell design, (MGLT) technology uses a proprietary inexpensive materials and process to reduce cost per unit power.
• Manufacturing - Their solutions are developed to enable scalable manufacturing strategy at lower cost per unit.
(MGLT) has a well defined strategic approach that includes:
• Seasoned executive management and technical team
• Extensive industrial experience with advanced degrees
• Key technology development funded by DARPA, DoD, and NASA
• R & D base in Micro and Nano technology for solar cell
• A robust network of technology partners
Recent News:
Magnolia Solar Corporation Completes Phase I Milestones and Progresses to Phase II of NYSERDA Contract for the Development of Low-Cost, Nanostructured, Thin-Film Solar Cells
I wanted to wet your appetites with some intermediary information about this new Trading Idea, so be sure to check out their website: http://www.magnoliasolar.com/ and I will be bringing you much more information tomorrow morning before the opening bell.
ChartPoppers
Find the members with the highest scoring picks in MGLT.
TMFStockSpam (27.56) Score: +424.84
The Score Leader is the player with the highest score across all their picks in MGLT.
Top Pick |
Member Name |
Member Rating |
Start Date |
Call |
Time Frame |
Start Price |
Stock Gain |
Index Gain |
Score | Commentary |
---|---|---|---|---|---|---|---|---|---|---|
TMFStockSpam | 27.56 | 11/18/2010 | NS | $0.60 | -90.00% | +334.84% | +424.84 | 1 Comment |
See what the Wall Street professionals think, according to their public statements and filings.