Good potential? 17 Mar 2011 15:15
Buy. think solar energy will get a boost now, 'PVCS is expanding its production in Japan, Germany and the UK'.
From today's news:
"Pricier alternative energy companies are likely to receive a boost, notably solar suppliers, and we would highlight PV Crystalox Solar which gets 25% of its revenues from Japan," the broker says.
& German Chancellor Angela Merkel said on Thursday she aimed to accelerate Germany's move away from nuclear energy after the crisis in Japan.
'.......................as we want to reach the age of renewable energy as quickly as possible," she said. (Reuters)
I m new to PVCS, think they ve good potential, especially in Japan & Germany. Looking at their 5yrs chart, their bottom is around 45-50?, so I think buying @50-60 is not a bad move, right? :) well, will see if I m right...or not...