Hey I got this from www.superstockprofits.com
? Category: news ? Published on Wednesday, 30 July 2014 17:39 ? Written by Richard Tiagata
There is nothing like a good earnings quarter to get the price of a stock moving. And when it’s a micro cap, it makes an even bigger difference as we all know that there is always some impetus needed in this market.
Solar3D, the Santa Barbara based Solar Cell developer, saw quarterly revenues reach $7.5M with profits in excess of $700,000. And increase over 600% on the previous quarter and perhaps a sign of things to come.
Shares of (SLTD) have been changing hands at about $0.14 and have doubled since last week on substantial trading volume. At this point we don’t see a campaign happening, which is obviously a good thing as the stock is being rewarded for good news. With a 52-week high of $0.18 and the company experiencing a landmark shift in business, expect the stock to break through imminently.
Be warned there is a lot of stock out there and the float is large. However, a continuation of good news and earnings from the company will counter any of the negative effects you might expect. Debt is a very manageable number of around $700,000 and for a company like this is expected.
This is more about the ability of sustainability programs to get through to the public and the affordability of these programs. Everyone will be happy to use solar energy if its’ affordable and is as efficient as electricity.
For now this is a trade and on the back of solid numbers investors can move into (SLTD) with renewed confidence. This could be one of the top performing micro caps for 2014.
Stock Current Performance
SLTD - Solar3D Inc / Current 0.1497 / High 0.175 / Low 0.013
SLTD Solar3D Inc 6 month chart
Go SLTD, Long!
