The Smiley

Piece scanning for some “fresh” stocks, I came up crossways Colloidal solution. That’s ReneSola Ltd, that trades on the Big board. This is a recent Initial offering, that priced itself on Jan 29 at USD 13 per Advertizings share. The float for it is but 10 000 000 shares.

Some ground on Colloidal solution:

Colloidal suspension is the Inexpensive solar drama extinct there based on PE proportion. Current earnings run rate of about USD 1 per share (based on Q4 2007 projects of USD .23 - USD .27) and should realize USD 2 per share in 2008. If Colloidal solution had got like forward PE as JASO it would be precious near USD 60!

Hard cash and stock list at about USD 4 per share (Advertisings).
Colloidal solution just economic value = USD 4 + 30 PE X USD 1 current earnings run rate = USD 34

I consider that when Colloidal suspension acquires noticed by the larger participants, it has a full chance to run into the USD 18-20 country. This companionship locomoted public when the market places were not in a full humour with the solar stocks. But in recent hours with the outstanding earnings of FSLR and SPWR, these stocks are over again getting down to boom

In Wednesday’s market, Colloidal solution derived all over 15% on its sec overweight mass solar day since moving public. Although the chart is “very immature”, this is what we understand.

Occupy an aspect at charts of JASO, AKNS, SOLF, STP, YGE and ASTI. Notice how they “all of a sudden blew up” upwardly? I have an opinion that Colloidal suspension will be making this sometime very shortly. With a float of only 10 000 000 shares, this stock can locomote very dissolute.

Please do your own due industry earlier purchasing any shares of Colloidal suspension. I started my own place on Wed. Will be appending on, as it maintains climb.