another Cramer Pick bites the dust

Discussion in 'Stocks' started by MVP, May 22, 2006.

  1. MVP


  2. ha! the 'stocks under 10$' newsletter, which i just recently cancelled, jsut reccommended it a buy.....
  3. Ha,

    I remember being in this at 2.40 and getting stopped out. Just couldnt handle their financials at the time, did not realize that these companies are being valued by institutions with 30-50 year lifespands in mind. My mistake and a big one.

    ESLR and SPWR are pretty much profitable. Reneable energy gets a premium so at least 30 forward P/E. Good buy below 10, wait for the shake out. Lot of hedge funds and institutions involved, as well as smart investors.

    Long term buy, without a question.