I apologize for not having updated this blog for several weeks, I will not do a short update on my current holding and outlook.
In the last few weeks, I was lucky enough to make a short-term gain with SolarFun (NYSE: SOLF). Bought 110 at $17.98 when it was still climbing. Then sold a few days later when it topped around 27. I sold at $25.30, far from maximum profit, but any profit is a good profit.
Right now I have 310 shares of ESLR averaged at $10.33 per share. Today the stock ran up again due to an upgrade from an analyst at Lehman Brother's. The stock was trading at around $12.40 through out the whole day, however there was a strong sell-off at the last hour of the market and it closed at $12.07. Depending on the volume tomorrow, this open high then close low trend might continue for a few days. However, fundamental of this stock is still good, the CEO projects positive profit Q1 of 2009. Given the CEO's historically conservative estimation, that's a really good news.
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