BloggingStocks http://www.bloggingstocks.com BloggingStocks http://www.blogsmithmedia.com/http://www.bloggingstocks.com/media/feedlogo.gif BloggingStocks http://www.bloggingstocks.com en-us Copyright 2012 Weblogs, Inc. The contents of this feed are available for non-commercial use only. Blogsmith http://www.blogsmith.com/<![CDATA[Suntech Power: Downgraded to Hold]]>http://www.bloggingstocks.com/2009/10/27/suntech-power-downgraded-to-hold/http://www.bloggingstocks.com/2009/10/27/suntech-power-downgraded-to-hold/http://www.bloggingstocks.com/2009/10/27/suntech-power-downgraded-to-hold/#commentsFiled under:

Suntech Power Holdings' (NYSE: STP) stock has 'totally misbehaved,' from a technical standpoint, since first recommended on July 28, 2009 at a price of $19.24. Hence, I'm putting a Hold on the shares.

Back in July, the calculation was that Suntech would benefit from China's solar subsidy program, as well as from U.S. government initiatives to invest in renewable energy. Further, reduced selling prices moving forward were expected to increase demand for Suntech's products. The First Call FY2009/FY2010 EPS estimates for STP are 21 cents to 57 cents.

Continue reading Suntech Power: Downgraded to Hold

Suntech Power: Downgraded to Hold originally appeared on BloggingStocks on Tue, 27 Oct 2009 15:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>bear hugSTPSuntechTue, 27 Oct 2009 15:00:00 EST<![CDATA[Supervalu: Closing position, due to bear hug chart ]]>http://www.bloggingstocks.com/2009/08/18/supervalu-closing-position-due-to-bear-hug-chart/http://www.bloggingstocks.com/2009/08/18/supervalu-closing-position-due-to-bear-hug-chart/http://www.bloggingstocks.com/2009/08/18/supervalu-closing-position-due-to-bear-hug-chart/#commentsI'm closing my recommended Buy position with Supervalu (NYSE: SVU), first recommended on April 22, 2009 at a price of $14.98.

Grocer/food distributor Supervalu's shares have drifted lower over the past six months, and traded below its 50-day moving average for more than a month twice -- a bearish sign.

Continue reading Supervalu: Closing position, due to bear hug chart

Supervalu: Closing position, due to bear hug chart originally appeared on BloggingStocks on Tue, 18 Aug 2009 17:50:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>bear hugBearHugstocks to sellStocksToSellSupervaluSVUTue, 18 Aug 2009 17:50:00 EST