Cowen’s Stone Remains Downbeat on Energy Conversion Devices (Nasdaq:ENER)
09/01/2010 by SCP Editor in Articles
September 1, 2010 – Analyst Comments – Cowen’s Rob Stone maintained a NEUTRAL rating this morning on Energy Conversion Devices (Nasdaq:ENER), which is currently trading around 0.6x book, citing execution and dilution risk. ...
Auriga’s Bachman Maintains HOLD on Canadian Solar (Nasdaq:CSIQ) Ahead of Q2 Report
09/01/2010 by SCP Editor in Articles
September 1, 2010 – Analyst Comments – Auriga’s Mark Bachman maintains a HOLD rating on Canadian Solar (Nasdaq:CSIQ) and a price target of $13, ahead of the company’s earnings report for Q2 which will be out tomorrow. He said Q2 ...
Bachman Reiterates BUY on Trina Solar (NYSE:TSL) - Raises Price Target
08/26/2010 by SCP Editor in Articles
August 26 – 2010 – Analyst Comments – Auriga’s Mark Bachman reiterated Trina Solar (NYSE:TSL) at BUY yesterday morning, raising his price target to $41, on the heels of the company’s Q2 earnings results. Bachman increased ...
Stocks Set to Move Higher - Weekly Jobless Claims Less Bad Than Expected
09/02/2010 by SCP Editor
September 2, 2010 – The futures are indicating higher openings this morning as the Street breathes a sigh of relief on the ‘less bad’ than expected weekly jobless claims and looks for a follow through on yesterday’s rally ahead ...
Stocks Set to Open Higher on China Growth - ADP Reports Worse Than Expected August Numbers
09/01/2010 by SCP Editor
September 1, 2010 – The futures are indicating higher openings this morning, although coming off their highs on an employment report for August. The media is spinning the relative strength in the markets as perhaps a new-month, a new ...
Stocks Set to Open Lower Ahead of Key Economic Data
08/31/2010 by SCP Editor
August 31, 2010 – The futures are indicating lower openings again this morning as the Street continues to grapple with dismal economic data and lower expectations for the second half, with the possibility of a so-called ‘double ...
The Media is Dumbing Down The Economy - We See Potentially Disastrous Consequences
08/13/2010 by SCP Editor in SCP Blog
August 13, 2010 - The financial media continues to exacerbate the problem by lame thinking. We listened to a reporter on Bloomberg this morning talking to a fund manager about the potential for a double dip. The fund manager forecasted ...
Our Take on the New Normal - Adjust for Downside Risk Now
08/12/2010 by SCP Editor in SCP Blog
August 12, 2010 - We continue to think that the Street has already priced in, if not overpriced in, the impact of relatively strong earnings season. It has, up until yesterday, been largely ignoring the implications of all of the ...
Time to Get Agressive on Renewables?
07/26/2010 by SCP Editor in SCP Blog
An investor asked us the following question this morning:
Do you think it is time to go big time on margin into renewables, thinking they will catch up here to the market finally???
Our ...
This Morning’s Key Economic Data - Weekly Jobless Claims (week ended August 28, 2010)
09/02/2010 by SCP Editor
September 2, 2010 – This Morning’s Key Economic Data – Weekly Jobless Claims for the Week Ended August 28, 2010 – The number came in slightly better, or ‘less bad’ than expected, at 472,000. Sure, it could have been worse, ...
This Morning’s Key Economic Data - GDP Revised for Q2 2010
08/27/2010 by SCP Editor
August 27, 2010 – This Morning’s Key Economic Data – Revised GDP (Q2 2010) – the number came in ‘less bad’ than expected, at 1.6% (expectations were for 1.4%). At this point, the Street will be happy to have anything that is ...
This Morning’s Key Economic Data - Weekly Jobless Claims (week ended August 21, 2010)
08/26/2010 by SCP Editor
August 26, 2010 – This Morning’s Key Economic Data – Weekly Jobless Claims – The numbers came in better than expected, but still are in dismal territory. Expectations were for weekly jobless claims to come in at 490,000, while ...
