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Saturday, 08/06/2022 11:43:19 AM

Saturday, August 06, 2022 11:43:19 AM

Post# of 649994
I would be the last to dismiss the possibility of an outsized mania rally for Pineapple Energy (PGY). First off, my rationale it is simply the next New New Thing in the sector of public traded solar energy companies.
The Republicans will fight the legislation tooth and nail in hopes of delaying its passage for as long as possible. Since Democrats control both houses of the Congress passage is inevitable.
The news that Manchin and Sinema decided to back the bill in the Senate created an eruption in the pricings of solar energy stocks.
So let's have a look. Barchart provides a list of stocks from the sector along with a comprehensive weighted alpha average which can be viewed at the top of the webpage.
https://www.barchart.com/stocks/quotes/CSIQ/competitors?quoteSectors=-SOLA&viewName=main&orderBy=weightedAlpha&orderDir=desc
I have a position in one of the top ranked stocks, ARRY, which has returned me 50 percent since purchase.
Now let's paste in charts of the bottom six tickers from the sector, if for other reason than the traders figure they have the best chances of running 200 to 500 percent in a single trading session. It should be pointed out the bottom five are money losing operations compared those higher up in the rankings, all of which have a nasty habit of actually making bottom line profits from operations.
(all charts are for three-year weekly pricings and volume)
ISUN

HLGN

FTCI

SPI

SUNW

VVPR

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