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ENERQ.PK Message Board

  • techxpit techxpit Feb 22, 2010 6:14 AM Flag

    looks like its headed lower

    I bought ENER around 10.50 and sold 12.50/13.00 4 times.

    Last one took a loss. and again one more loss. and then a third one.

    I did'nt want to break anyone's heart, i myself am down 45% in last 3 weeks with the latest market plunge. Since then Dow has come back but not my stocks, specially the solars.

    Now, I dont know whats good buying price. I am still positive in ENER from one trade. I thought I will make a good money with my buys at 8.25 and 7.75 (I never imagined 7.75 btw)

    Their quarterly is 3 months away, market's not doing any better, the solar hype is being flattened. so, whats there to look forward to in solar stocks like ener.

    given all the and putting all the hype aside, what is the realistic low value for ener. Honestly, I dont see ener going up much until next qtrly, and, just see the downside. My view, and only my view, it could be in 4's or low 5's. But I have been wrong many times (actually more wrong the right). but given the conditions, and market, i see possibility of 4's. sorry,

    all IMHO. no offence pls.

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