August 6, 2008 A-Power

Aug 06, 2008
Author: Administrator

August 6, 2008 – A-Power (Nasdaq:APWR) had a volatile trading session yesterday, opening at $21.68, then trading down as low as $18.91, or almost 13%, before closing up $1.32, or 6% to $23.00. Trading volume was 320% greater than average, with more than 3.3 million shares traded. We took the downward volatility as an opportunity to accumulate, and our conviction in the midst of what looked like a selloff was based on the fundamentals:

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