InvestorsHub Logo
Followers 8
Posts 1902
Boards Moderated 0
Alias Born 05/14/2007

Re: None

Monday, 08/04/2008 4:41:08 PM

Monday, August 04, 2008 4:41:08 PM

Post# of 247
maybe some news around the corner:
(from yahoo board)
Re: Do you think that oegy would do 2-Aug-08 09:03 pm

Ther have been no negative changes. The end of May the stock was at .30. Then a filing to sell 4.2 million shares from the SRS stockholders. With them selling and the current market conditions it has put downward pressure on the stock and also created panic selling. It's not just this stock. There are a lot of start up solar stocks near 52 week lows.
You were correct as far as their new product. They are developing a solar asphalt shingle which is due out this summer. As long as they introduce it by october 1st Eagle will increase their commitment from the April to December 82,500 tiles by another 11,000 tiles. They will also be introducing brown colored tiles with colored solar cells.
There are a lot of good things going on with this company right now but they have been quiet. Maybe they are waiting to put out press releases untill the shares in the filing are sold off. In the meantime i'm adding to my position. Rating :
(1 Rating)Rate it:
sanderman87



this is only my opinion and it's usually not my opinion very long because I CHANGE MY MIND FREQUENTLY

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.