CSKH - waiting for the sun to shine
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Barcharts says sell, but what do they know
http://www.barchart.com/quotes/stocks/CSKH
They'll put a strong buy after it pops like they did with with this one...
http://www.barchart.com/quotes/stocks/ALAN
Funny how NITE can always entice the buyers. Poor old ARCA got stepped in front off, lol.
I wish money was no object, I'd like to put a bid in for a million shares at .02 to see if they would take the bait. But I'd never do that unless I could bug the office to see just what really is going on behind the curtain.
They said they were expecting shipment of panels in 10-14 days back on may 11th. Ok, did they get these panels? Have any of these panels been installed? Did they buy a large quantity to get discount pricing? Was it 20 panels, 200 panels or 2,000 panels?
How about a photo of them in a warehouse. Do they have a warehouse? Do they have a box truck with Clear Skies Inc. plastered all over it to get the panels to a job site, or do they rent a ryder truck? Do they own a genie lift to get the panels from the truck to the roof or do they rent that over and over too?
Questions questions questions. I wonder if someone asked the CEO if there was anyone on any roof today installing panels for clear skies, would he say yes? Would he say that there are Clear Skies jobs going on an a daily basis?
If they are actually doing installs how about telling shareholders who have been supporting this company and its stock price for a very long time.
Just tell us, yes or no!
The chart is very sick looking now
I don't think any penny stock CEO cares about the the pps. I doesn't matter to them. They can just print all the shares they want.
Solid profitable companies however desire an ever increasing pps as incentive to retain top notch employees via stock options.
Do you think management cares their .025 options are basically worthless?
Are we going below two cents tomorrow?
will this stock ever see buying pressure?
Maybe they are paying the new auditor in shares
NITE was offering .0205 after the 99k print, but I missed it on the screenshot.
I think they're at an air conditioned bar having drinks and watching L-II on their ipads, having a golly good laugh as well.
500k at 2 cents is only $10 grand (I have 6x's that in this POS)
The summer solar season is officially underway
Chris Meehan
Jun 27, 2011
Summer’s officially here, and with it, the solar market is staying hot. There are plenty of new projects and more money flowing back into the industry. There’s also a new sweepstakes intended to help people go solar.
SunPower’s Solar Discovery Game is a sweepstakes with the grand prize of a $25,000 photovoltaic array. It’s certainly not the most important piece of solar news out there, but it’s pretty exciting for homeowners interested in going solar. People can sign up for the sweepstakes via SunPower’s Facebook page. Participants are automatically entered into its weekly drawings, but the sweepstake’s grand prize winner will be the person that gets the most points by answering a series of weekly solar trivia questions right.
In larger news for the industry, CleanPath, LLC, announced it will invest up to $800 million in solar projects over the next five years through revolving loan funds. The company and its investors plan to support more than 1 gigawatt of new projects. The fund is an early indicator that a solar equity market could arise again. Following the economic meltdown of 2008, the once-growing market disappeared, meaning that private equity investment in utility-scale solar projects all but dried up.
Still, the federal government’s loan guarantees and other programs remain essential to supporting more solar adoption. Last week, a consortium of companies—Bank of America Merrill Lynch, NRG Energy and Prologis—announced Project Amp, a bid to put 733 megawatts of photovoltaics on Prologis warehouse rooftops across 28 states in the U.S. The project wouldn’t have been possible without a $1.4 billion conditional loan guarantee commitment from the Department of Energy, the companies said.
Training programs, like You Save Green’s program, are important to making sure that solar installers can keep pace with demand. The company is working with City University of New York and with adults who participate in Nassau County’s green-job subsidized employment program to help train installers in the field.
Even in places where fossil fuels dominate the local economy, solar power is making inroads. For instance, Rifle, Colo., home to natural gas and oil shale extractions, last week unveiled a new community solar array, and the town now has nearly 3 megawatts of solar power in operation.
Camp Pendleton in Southern California, a Marine Corps base, unveiled a 936-kilowatt carport solar array installed by Independent Energy Solutions. It’s part of a larger Department of Defense effort to generate 100 percent of its power needs onsite using clean and renewable energy sources.
1600 Pennsylvania Ave., in Washington, D.C., aka the White House, hasn’t lived up to its plans to install solar by the start of summer. The Department of Energy said it is still in a competitive procurement process. But 350.org, which led the Put Solar Back on the White House campaign, said that the Obama Administration’s efforts were somewhat lackluster.
In lighter news, Samsung is bringing what is likely the first solar-powered netbook to market in the U.S. The device is capable of charging its batteries on sunlight, and the manufacturer said with eight hours of sunlight, it can operate for up to 18 hours a day. It will be available in the U.S. on July 3.
Solar installer Astrum Solar snags funding from Baltimore utility
June 27, 2011 | Matthew Lynley
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Constellation Energy, a holding company for Baltimore Gas & Electric, said it’s investing an undisclosed sum in Astrum Solar, which will provide solar panels for around 1 million of the utility’s customers.
Astrum, one of the largest residential solar panel providers on the East Coast, will install systems on around 2,000 homes this year. The average price for a home solar system is around $30,000 for an array that generates 10 kilowatts of power, based on a dozen or so quotes made through the site’s price calculator.
Solar panels on homes can help reduce some of the strain on power grids during peak usage hours, as when homes draw more electricity for air conditioning or electric car charging. It’s part of a “distributed solar” power strategy designed to reduce electricity demands on local power grids.
Interest has also been growing in companies that lease out and maintain home solar panels. Google recently invested $280 million in SolarCity, a provider of residential solar panels. SunRun, the largest provider of home solar panels, also won General Electric’s Ecomagination Challenge. That award came with an investment, though the company wouldn’t specify how much funding it received from GE.
A study done by the University of California at Berkeley found that home values increase an average of $17,000 more per house when solar panels are installed.
any chance you could post the tape?
what was the volume?
http://www.ariva.de/quote/simple.m?secu=100618553
There were others, that 100k was not mine.
ACRA always displayed a large offer (for months) of 500k, but it was never the best offer. Somehow they are getting away with displaying only a "50" or 50 hundreds (5,000)
I'm assuming an 8k is on the way telling us peons another another round of share financing was completed. When that happened back in march just before the late 10k was released telling us we'd been had, sellers unloaded in the .03 to .05 range and then used the raised cash to do another round of investing at .025, lol.
Yes its restricted share private placements, but as those restrictions lift its perfect timing to sell and re-up.
What I don't get is how they are making any money selling at .0225 but what do I know. With the pps this low it means the next round they will be getting cheaper shares and more of them. So maybe that's why they are putting the stock on sale.
50 = 5,000
500 = 50,000
5000 = 500,000
Notice ARCA's 500k offer this morning after he gave me a 22,750 partial and threw me on the bid (I only added 45k this morning)
I'm going to help ARCA out, lol.
ARCA offering .0225 (stepping in front of AUTO at .0235)
UBSS has the best bid at .021
Sellers are getting antsy, selling CHEAP
I should have waited after adding at .026 ten or so days ago
Q2 closes out this Friday, I hope the CEO will throw us bone soon as the bid support has thinned noticeably (hence the sellers getting antsy)
I don't think the DTC just spins the roulette wheel to see what company's stock they will put a "chill" on. There has to be a reason. The sinister part is they won't tell the public what the reason is. Since their business has to do with exchanging shares (from daily trades) it only stands to reason it has to be something to do with the company's shares.
Maybe the DTC feels they were becoming part of money laundering scheme since CBAI's printing press was able to multiply 40M shares into 6.95 billion? (and the printing press continues to run in spite of this chill)
I'd like to hear anyone else's speculation as to why the DTC put a "chill" on the electronic transfer of CBAI's shares.
I still believe that it is paperwork foot dragging at the gagged TA that is the result of people not getting their shares exchanged. After all this is where all shares originate from, the TA, not the DTC. On July 9th it will have been two months. I have a feeling 2 months will be the magic number.
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on a brighter note stem cell technologies are certainly on the cutting edge....
http://www.time.com/time/magazine/article/0,9171,2078130,00.html
no salary sounds great, but where are his day to day living expenses coming from?
It would be awesome if Jim could pull a rabbit at of the hat for all his shareholders that went down with the ship!
The SEC is chipping away at non-reporting companies...
http://sec.gov/litigation/suspensions/2011/34-64612.pdf
Betting on Big Solar
By Bryan Walsh Monday, July 04, 2011
Sun rise GE is set to produce thin-film solar arrays — like this one on its Schenectady, N.Y., campus
GE Energy
It's good news for solar advocates and bad news for competitors: General Electric is breaking into the solar business in a major way. In April, GE announced it had built a solar module with the highest publicly reported efficiency rate for cadmium telluride thin film — the most popular low-cost solar technology. The commercial module topped out at 12.8%, according to independent testers at the National Renewable Energy Laboratory — nearly 3 percentage points higher than the industry average. (The efficiency rate is the percentage of the sun's energy a solar panel can convert to electricity.) Those record-breaking solar modules will eventually be manufactured at a U.S. facility set to open in 2013 that will be the biggest solar factory in the country. The news means GE — which already has a wind-energy business worth some $6 billion — could be ready to dominate solar much as it leads the way in wind. "This is the beginning of what we see as a global competition," says Victor Abate, GE's vice president of renewables.
Despite GE's experience in the energy business — its founder did, after all, invent the lightbulb — the multinational behemoth will be entering the solar race behind its rivals. Those include Arizona-based First Solar, which began life as a small start-up before investments from John Walton of the Walmart family helped it become one of the most successful renewable-energy businesses in the world, with manufacturing facilities that produce 2,300 megawatts' worth of cadmium telluride thin-film solar modules a year. For now, GE's manufacturing capacity — including the planned new plant in Colorado, which is expected to employ 400 workers and create an additional 600 jobs — still makes it at best a medium-size player in the industry. (See the top 20 green tech ideas.)
But GE is GE, and it can bring resources to bear on renewable energy that no other corporation can — as its competitors in the wind-turbine industry already know. In 2002, GE grabbed the wind-power assets of Enron after the energy-trading company went bankrupt. At the time, Enron was the only major U.S. wind-turbine manufacturer left standing. On-and-off U.S. federal support had ceded the lead to European firms like Vestas and Gamesa. Today, though, GE is the third largest turbine maker in the world. "Our wind business was just a couple of hundred million dollars in 2002," says Abate. "Now it's a $6 billion platform. GE knows how to scale."
That's exactly what the solar industry needs. Solar power had an excellent year in the U.S. in 2010, growing by a remarkable 67%, faster than any other energy source. The U.S. Energy Information Administration predicts that over the next decade solar generation will expand more than fourfold. But solar can grow so fast, in part, because the market is so tiny: less than 1% of U.S. electricity comes from the sun. For that to change — for solar to become a game changer, not just a rounding error — it has to get radically less expensive. That improvement must come from innovation. Earlier this month, GE announced that a new power-plant design will integrate natural-gas electricity generation with both wind and solar as complements. Though GE has yet to reveal its cost structure for solar manufacturing, the company is confident that its efficient panels — and turnkey manufacturing — will rapidly bring down the cost of solar energy. Mark Little, GE's global-research director, has suggested that within five years solar could be cheaper than fossil-fuel power in regions with expensive electricity. "The leverage we have is our improving efficiency," says Abate. "Once you have a leading technical position, you can scale up and drive down cost." (Watch "The Truth About Solar Power.")
That's the hope, anyway. But the solar business in 2011 isn't the same as the wind industry was a decade ago, when GE began churning out turbines. Chinese companies like Suntech Power and Trina Solar can undercut their American competitors, thanks both to rock-bottom labor costs and steady government assistance of the sort not likely to be coming from Washington. American manufacturers like GE will struggle to beat the Chinese on sheer cost, though the company expects to reduce expenses on solar development by 50% over the next several years, Abate says. GE will need to win instead on innovations that take advantage of the company's scope and its experience at making the right bet at the right time. For all their usual preferences for the small and local, greens should hope for GE's success. If they want solar power to win big, they need the biggest player in the game.
http://www.time.com/time/magazine/article/0,9171,2079474,00.html#ixzz1QPfXwz00
I like your crystal ball !!
A breakaway gap and run is definitely in the cards here.
Your example mirrors CSKH's chart in its consolidating range bound phase, I like it.
imo, breakout is not a question of if but when. Panel prices are dropping, the number of installations are very robust in 2011, and CSKH is right in the thick of it!
Solar electricity produced at the point of use, no transmission losses.
installers should be benefiting from lower polysilicon prices
Solar Silicon Price Plunges to Six-Year Low, Helping Trina
By Alex Morales and Marc Roca - Jun 17, 2011 7:14 AM ET
Solar-Panel Raw Material Plunges to Six-Year Low
The current price for polysilicon, which also is used in semiconductors, is the lowest since 2004. Source: Porda Internatrional (Finance) PR Group via Bloomberg
Polysilicon, the main raw material in solar panels, has plunged more than 33 percent in the spot market during the second quarter, lowering production costs in the $35 billion global market for the photovoltaic devices.
Prices for immediate delivery fell to an average $50 to $53 a kilogram as demand dropped after European nations slashed clean-power subsidies, said Rupesh Madlani, a renewable energy analyst at Barclays Capital in London. The bottom of that range is the lowest in more than six years, and a drop from $78.90 in March, according to Bloomberg New Energy Finance data.
“People are getting rid of stock that’s been on the floor, in some cases actually below cost,” Andrew Lee, head of international sales at Sharp Corp.’s European solar division, said in an interview from Wrexham, Wales.
Cheaper prices for silicon crystals that turn sunlight into electricity may benefit Chinese panel-makers JinkoSolar Holding Co. and Trina Solar Ltd. (TSL) because they buy mostly on the spot market and the material makes up more of their costs than at European and U.S. rivals, Jefferies Group Inc. analysts said.
Unlike its competitors, First Solar Inc. (FSLR) of Tempe, Arizona, the world’s largest maker of thin-film solar panels, shouldn’t benefit from the drop because it uses cadmium telluride as raw material instead. First Solar may feel margin pressure, according to Min Xu, a Jefferies analyst.
Cuts to subsidized power rates in Italy and Germany doomed many solar projects in those nations, provoking developers to cancel panel orders. That crimped demand for polysilicon, which is manufactured by putting silica from sand or quartz through a series of chemical processes.
Italian Subsidy Cuts
Italy on May 5 approved rate cuts for the second half by 1 percent to 31 percent, depending on the size of the installation. “There were massive projects in Italy that were put on hold or canceled because of investor lack of confidence,” Lee said.
New Energy Finance today said that its June survey of silicon prices showed a drop in average prices to $53.4 per kilogram from $74.40 last month. That’s still slightly above the $52.50 registered in February last year. The energytrend.com website, an arm of market researcher Trendforce Corp., yesterday put this week’s average price at $52.28 per kilogram, down 39 percent since the end of March.
"Overall the industry anticipates further prices declines," said Martin Simonek, a New Energy Finance analyst. "Producers are preparing for a painful consolidation that could see several players exit the solar industry."
Profit Margins
Profit margins will be squeezed at all polysilicon makers, though it may benefit the newest competitors, such as Hong Kong- based GCL-Poly Energy Holdings Inc. and Korea’s OCI Co., Jefferies’ Xu said in a phone interview from New York.
“The price declines are tough for everyone, but better for new entrants such as OCI and GCL, which are expanding capacity aggressively and will take the opportunity to lower prices to take market share,” Xu said. Overall margins may decline to a 40 percent to 45 percent range from more than 60 percent, he said.
Providers regarded as the “highest-quality,” such as Germany’s Wacker Chemie AG (WCH) and Hemlock Semiconductor, majority- owned by Dow Corning Corp. of the U.S., are more reluctant to renegotiate contracts, he said. Hemlock, based in Hemlock, Michigan, and Wacker of Munich are the world’s largest producers by factory capacity, New Energy Finance said.
The price for polysilicon, also used in semiconductors, peaked at about $400 a kilogram during a boom in the Spanish market in 2008 before collapsing and then edging up again last year to about $100 as the Italian and German markets heated up
Most companies are ramping up production capacity. GCL, China’s biggest polysilicon-maker, said in March it will more than double manufacturing capacity to 46,000 tons this year. OCI in April announced plans to build by 2013 a new plant with a capacity of 24,000 metric tons. Wacker is expanding plants in Germany as well as constructing a new facility in Tennessee, where Hemlock is also building a $1.2 billion plant.
Wacker spokesman Christof Bachmair said the Munich-based company “never comments on prices.” He said “well under” 10 percent of its sales are on the spot market.
Jim Stutelberg, Hemlock’s vice president of sales and marketing, said the company’s business model “is to allocate a high percentage of our production to long-term agreements with fixed pricing.” He said in an e-mailed response to questions that Hemlock “continues to sell all of its polysilicon.”
Big Six
The four manufacturers of the material, which is derived from tiny silicon crystals, largely share the global market with No. 5-ranked Renewable Energy Corp. of Norway and St. Peters, Missouri-based MEMC Electronic Materials Inc. (WFR)
Smaller “newcomers in Taiwan and China have a lot of sales on the spot market and may suffer more,” said Arthur Hsu, solar research manager in Taipei at energytrend.com. He declined to name companies.
Hsu and Madlani at Barclays Capital both said the main reason for declining polysilicon prices is a drop in Italian demand for solar panels amid uncertainty about incentives known as feed-in tariffs. Italy last year became the second-largest photovoltaic market behind Germany, prompting government subsidy cuts and a new law to further reduce the burden on consumers for the above-market rates.
“In the first half of the year, the Italian market has disappeared, and polysilicon makers are running down their inventories,” Hsu said in a telephone interview.
German Subsidies
Italy in 2010 installed about 5.9 gigawatts of solar panels and 2.3 gigawatts of those were connected to the grid, according to the grid operator GSE. New construction may total 4 to 6 gigawatts this year, said Pietro Radoia, an analyst at New Energy Finance, assuming GSE’s figures are correct. He said about half the parks GSE said were built last year may not have been, and may instead be completed this year.
Germany has also announced subsidy cuts this year, as have France and the U.K. The global market for new installations in 2011 may shrink to 13.3 gigawatts after more than doubling last year to 16.6 gigawatts, according to the European Photovoltaic Industry Association.
http://www.bloomberg.com/news/2011-06-16/solar-panel-raw-material-plunges-to-six-year-low-helping-trina.html
Nice digging. Phillip Everitt worked for Centrosolar America
Centrosolar America, Inc. is a wholly owned subsidiary of Centrosolar Group AG, a publicly traded company on the Frankfurt Exchange. The company is a global solar technology manufacturer headquartered in Munich, Germany with worldwide revenue exceeding $400M. Centrosolar specializes in manufacturing and marketing photovoltaic modules, solar glass, and a line of patented roof-mounting systems.
Centrosolar America Inc., markets residential and commercial rooftop PV systems to solar integrators as well as skilled trades such as electrical, HVAC, and roofing contractors throughout the US.
http://www.linkedin.com/pub/phillip-everitt/23/4a5/486
looks like rock bottom
looks like linkedin.com makes you join before allowing anyone to view profiles. Now that's stupid.
I'll take Calsmart's word he's there.
Mr. John Conte, to serve as the Company's National VP of residential sales
Mr. Allen Sosis, to serve as VP of sales and marketing
This is from my neighboring town
Dartmouth projects $2.9M in solar farm revenue
By Curt Brown
cbrown@s-t.com
June 21, 2011 12:00 AM
DARTMOUTH — A San Diego-based developer is planning to construct a 6,266-solar panel farm on a portion of the former Russells Mills Road landfill under a 20-year lease with the town.
Under the agreement, Dartmouth would lease about 10 acres of the landfill for $1 to Borrego Solar Systems Inc. The town would buy the electricity produced at the 1.45-megawatt facility for 8 cents per kilowatt hour and sell that power to NStar for the net metering rate or 12.5 cents per kilowatt hour, according to David G. Cressman, the town's executive administrator.
Cressman said projections indicate the solar farm will generate $2.9 million in new revenue for the town over the life of the lease and it would be the first private facility on municipal land in SouthCoast.
The Select Board praised the project and Cressman for his work on the lease and voted unanimously at its meeting Monday night to authorize the administrator to sign the agreement for the town.
Cressman said the hourly rate the town would pay Borrego is fixed for the 20 years of the lease, but the hourly rate that NStar would pay the town is not.
He called the agreement "a great deal" for the town.
Joe Harrison, Borrego's senior project developer, said the company anticipates starting construction in November and expects the facility will be operational by late March or early April, if weather permits.
He said the solar farm would be constructed on the landfill's "crown," which faces the south.
The former landfill sits at the back of the Department of Public Works' facility on Russells Mills Road. Cressman said the solar farm would co-exist with the DPW's transfer station and Highway Department yard at the site.
Borrego's project would be the third solar project in Dartmouth. Borrego also has plans to lease 5 acres of land near the former sports dome off Reed Road from Peter Hawes of Dartmouth for development of a 6,900-solar panel farm.
And Con Edison Development of New York constructed the largest solar farm in New England — an 8,000-panel farm — on the Dartmouth side of the New Bedford Business Park.
Cressman said Dartmouth issued a request for proposals for the former landfill in November and received six bids. Three finalists were interviewed, and the town decided to enter into a lease with Borrego.
He said the town discussed whether to charge a much higher price than the nominal fee of $1 for the lease or to realize new revenue by purchasing the power at a reduced rate and then selling it to the utility at a higher rate.
"After we saw the numbers we thought it was more advantageous to do it on the power purchase," he said.
Harrison said Borrego still must obtain a permit from the state Department of Environmental Protection to build on a former landfill and also reach an interconnectivity agreement with NStar.
http://www.southcoasttoday.com/apps/pbcs.dll/article?AID=/20110621/NEWS/106210327