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adelevet

03/25/10 8:31 AM

#14 RE: Beestop #13

Glad you asked. I'm seeing a market cap of around 30 million, with a float of ~8 million with revenues of about 80 million (up massively from a few years ago). The CEO owns 26% of the stock and large funds like invesco and federated investors hold significant amounts. There are government contracts in place and stimulus money is benefiting Spire in more than one way. While I don't necessarily share the CEO's extreme optimism in regards to the American market growing faster than any other in the world (in terms of solar production capacity), I do believe that the growth opportunities here are solid (you may want to take the time to look at the numbers presented in the most recent presentation at Piper Jaffray -- see where you see this going).

From a technical perspective I see the trading range tightening up over the past and would like to believe that the summer with inevitably rising oil prices will bring more attention to the energy sector and solar in particular. I'm not too worried about timing here, because I know this will move fast when it does decide to move. I have shares of this in my IRA, so I'm not looking for quick profits here...

GLTY