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Schweinemeister

03/18/14 10:08 PM

#576 RE: squashjohn #575

Squashjohn, Thank you for bloggin me today and in the past. Generally speaking I have to have a margin of safety for my stock ownership. I don't mind being down, but I have to make money as I live on my retirement investments. I don't see that being a certainty here, but that is me. On the positive side the pps held the 200dma and is the support that would be there tomorrow, it is not too far off 5.31. I got out at 5.42 today. I was in YGE when it made its huge push from ~2.70 to roughly 7 and could never figure it out after that. All of my research and efforts to understand this company was put forth to try to gage its recovery going into this quarter. Last quarter was better and seemed to put them on the road to recovery, but I believe they are a loss leader and couldn't spell out what they want to do in their guidance; at least clearly enough for me to have confidence. Good news they didn't close near the low of the day and above the 200dsma. I think they will consolidate here and I may get in again when I feel their prospects have changed. The only thing that I see they have going for them today are these contracts (again they have to be low bidding) and a possibility they will follow the other major solars players into power generation. I am no pro and I wish you well! You may be able to be more patient and thorough than I, but again I must survive and grow my nest egg at a faster clip than most. Cheers and again I wish you the best of luck!!