Replies to post #636 on Dr PennyStock - Technical Analysis and Penny Stock

[Silversurfer1]

life,

Found the following which might contribute to your dilemma.

On February 14, 2012 Energy Conversion Devices, Inc. (ECD) and its subsidiaries, United Solar Ovonic LLC (USO) and Solar Integrated Technologies, Inc. (SIT) filed for bankruptcy in the U.S. Bankruptcy Court for the Eastern District of Michigan. ECD took these actions to facilitate a sale of the USO business in a manner that enables USO to be competitive and viable for the long-run. During the bankruptcy and sale process, USO will continue to operate and serve its customers while moving forward on its development of advanced nano-crystalline silicon photovoltaics.

http://www.energyconversiondevices.com/restructuring.php

Unfortunately, solar is getting pounded right now with the tax breaks expiring and the threat of tariffs on Chinese imports. Solar is an interesting long term investment and I we hold positions in FSLR, TSL, and ASTI.

As with everyone else posting here, this is not advice but merely my humble opinion. DD is in order.

Cheers,

SS1

[Dr PennyStock]

Very risky, I don't see a recovery to above .20.