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Last post 07-22-2008, 5:43 PM by Chrisr84. 12 replies.
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  •  07-02-2008, 8:56 PM 32900

    AKNS wow

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    AKNS, along with the rest  of the solar sector, went down today ending the day at 4.5 dollars a share. This is a price that hasnt been seen in quite some time! It was weird seeing it so low today because the only news i came accross was actually possitive.
  •  07-03-2008, 5:46 PM 32959 in reply to 32900

    Re: AKNS wow

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    I found this article that explains the drop more: http://seekingalpha.com/article/83631-the-problem-with-solar-companies-is-not-really-a-problem?source=yahoo.  I think it may have been more of what was said by Motley fool.  Plus the market was down yesterday, and the solar names follow the Nasdaq it seems.  Most of the bigger (by market cap) solar names were up today (FSLR, TSL, STP, JASO, SPWR, ESLR) and the smaller names seemed to be down (AKNS, HOKU, CSUN, ASTI).  I looked into AKNS, but I went with ESLR instead because they have a bigger market cap and a better EPS (although still negitive).  I also like the fact that ESLR makes the actual cells, panels, wafers, and final PV product themselves.  AKNS is just an installer.  Plus ESLR is ramping up production with a new factory and the soon will be profitable (early to mid '09 is what they have said).  They also are one of the most efficient users of silicon and produce thin-film which I think is the future. I think it has alot of upside potential. 
  •  07-03-2008, 9:18 PM 32974 in reply to 32959

    Re: AKNS wow

    Reply Quote
    Yeah i noticed that everyone in the sector was down too. The thing with AKNS though is that they have openned a few new locations and the ceo has been on the news. It is a company that i feel greatly about bbecause they benefit directly from credits in places like san francisco. Sure the price tag of the system may be X but with the credits it is becoming more appealing as days go by. The truth is solar isnt for everyone. Not everyone has thousands to throw at owning solar panels. I like to compare it to home owners vs renters in that it doesnt make sense to rent instead of own over the long term but people do it and mostly because they just cant afford the investment. Solar panels arent for every tom dick and harry but instead for those who 1 have the money and 2 see that owning solar is a great way to save money over the long term. regardless of how you feel about solar and solar technology they are just installers. They do not make the panels from scratch themselves. For me at this price it seems like a buy and infact i bought some yesterday. Sure the stock may drop some more over the short term but i am thinking about the stock a year down the road and where i think it should and very well could go.
  •  07-03-2008, 10:59 PM 32982 in reply to 32974

    Re: AKNS wow

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    Glad you believe in ANKS, and its wicked to see someone else who is invested in the solar industry.  Not every one has the money to buy the panels.  AKNS would probably beneift from any further introduction of credits.  I read an article on the Andalay technology they developed, sounds really interesting.  Seems like the stock is on sale, good thing you loaded up yesterday.  Once this company turns a profit you will be stoked you got into them.  Good luck on the trade. 

  •  07-05-2008, 8:00 PM 33049 in reply to 32982

    Re: AKNS wow

    Reply Quote
    The new panels are more energy efficient and look nicer. I think once the new president is in theoffice we could see alternative energy interest spike. riught now solar panels are pretty efficient but no where near where they can be  when a new president is installed and the economy picks up. Id be really interested in seeing how these panels evolve as public interest grows even more with $5 a gal gas.
  •  07-06-2008, 5:54 PM 33060 in reply to 33049

    Re: AKNS wow

    Reply Quote
    Yeah, the panels are getting more efficient, it won't be long until they reach "grid parity".  Efficiencies will only improve as time goes on.  With as much money thats being invested in solar companies now, I can only imagine how many millions and billions are put into them in the future.  And with either Obama or McCain becoming prez,  both talking about capping greenhouse gas emissions.  This will be an even bigger infusion of cash and interest come a new administration.  There is so much potential since less than 1% ( 0.1% actually ) of power is produced from solar. With a 35% growth rate, and a goal of 10% of electrical energy production by 2025, solar is the future. I hope the solar names go up on Monday.
  •  07-07-2008, 1:58 AM 33066 in reply to 33060

    Re: AKNS wow

    Reply Quote

    lets hope... i bought all the shares i plan to on thursday.

  •  07-13-2008, 11:32 PM 33439 in reply to 32900

    Re: AKNS wow

    Reply Quote

    it looks like people think akns is going to go up tomorrow. 75% has voted towards the stock rising.

  •  07-14-2008, 1:16 AM 33442 in reply to 33439

    Re: AKNS wow

    Reply Quote
    Would be nice if all the solars would rally. Looks like the markets are in for a positive open, since the Nasdaq and Dow Futures at this current time are up.   But, we have yet to see what crude does .......
  •  07-17-2008, 7:58 PM 33730 in reply to 33442

    Re: AKNS wow

    Reply Quote
    i suggest everyone google akeena solar and check out how they are expanding. This stock is one of my favs.
  •  07-17-2008, 11:37 PM 33744 in reply to 33730

    Re: AKNS wow

    Reply Quote

    Are you gonna be buying anymore of it?  Or was the the last purchase still the last time you plan on picking more up? Looks like the report earnings on Aug 6th.  Time to load up !

  •  07-18-2008, 7:03 AM 33758 in reply to 33744

    Re: AKNS wow

    Reply Quote

    if it dips below my average significantly enough i might buy $1500 more but i am earning a decent return on other stocks like mrk atm so i dont think i will risk losing profit by switching towards a short term speculation play. I am comfortable with selling akns for a decent profit 6 months down the road.. the the time between for all we know may dip lower. i refuse to be scared... they arernt going anywhere. always remember diversity is VERY important.

  •  07-22-2008, 5:43 PM 34074 in reply to 32900

    Re: AKNS wow

    Reply Quote
    oh man today's gain was sweet!
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