I’m ENER-gized
By TheWild1 at 18 June, 2008, 12:01 am, Categories : Stock Recommendations
Occasionally I like to refocus on picks I made a couple months ago and track their journey. It is a good way to learn from what you did right or wrong. Some fluster away, while many seem to go on and prosper, so why not brag about it?
Energy Conversion Devices (ENER)
Back when I first mentioned this stock it was sitting at $27. Now the stock is current floundering at a pathetic… $75!
In February (when I first picked it), it was one of my typical beaten up stocks. Once it eventually broke past my $32 price target, the chart just wasn’t allowing it to come back down. Combine that with eventually raising their 2008 guidance, and we have a recipe for success.
The following is the first chart used 3 months ago. The second is a current 6 month chart.
I’m ENER-gized. Are you?
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