A-Power Energy Generation Systems, Ltd.(fka APWR)

[Ecomike]

I am still not crazy about the price tripling on future order news, while the earnings go to a loss last 2 quarters.

Look here:

http://ih.advfn.com/p.php?pid=financials&btn=quarterly_reports&ihsymbol=&ihpagelist=Quote&mode=&symbol=NASDAQ%3AAPWR

Look at the operating profit last 4 quarters on the quarterly page, under the income statement section, and most specifically at the "net income (total operations)" section, and then tell me this stock is worth $20/share, 3 times what it sold for 3-4 months ago! All I see so far is income going in the wrong direction, FAST. I smell a huge new stock float, issue, huge OS increase coming any day now to cover their new capital needs for the announced new capital projects. Mark my words! Warning Will Robinson, danger approaching, LOL.

I still like the company, but I think it will be much cheaper again before it goes higher again. I made a lot of great gains this year on other stocks, and held too long thinking long term, only to see my gains turn into losses. Don't wait too long to sell this one. It will not stay this high forever.