Saturday, April 05, 2008

Saturday Rock Blogging: Spirit in the Sky (JASO)


Now here's a stock thats headed up to the spirit in the sky, Chinese solar cell maker JA Solar (JASO) which you have heard me talk about time and time again. It is my favorite solar stock and I first thought it might be a good buy at $8 (split adjusted). The stock made a monster move (+17%) Friday and the weekly chart looks great. On the other hand, there was no news to justify such a huge pop and I would wait for a big pullback to the $17 area before buying/adding it. But wow, what an amazing run since that IPO.

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