The Motley Fool finally had something good to say about an alternative energy stock. It just so happens to be for one I purchased earlier this morning.
Don’t look now, but Energy Conversion Devices might just prove to be that rare bird an alternative energy play with actual products and a reasonable chance of living up to lofty investor expectations. … It would appear to me that hybrid vehicle batteries are the biggest near-term opportunity. Although the company didn’t specify the customers, it has acknowledged receiving production orders for battery packs. [ more ]
They say that timing is everything. I just wish everything I touched worked out this well. Look at the daily chart for today’s trading in ENER. Now that I’m in, hopefully its nothing but up from here (knocking on wood.)