Claymore/MAC Global Solar Energy (NYSE: TAN) at $6.38 is down 4.35%, and the PowerShares WilderHill Clean Energy (NYSE: PBW) is down 4.56% at $8.44.  Many of the component companies in these ETFs and some of the other alternative energy stocks we follow in our own universe of stocks in the sector are down well over 5%.  We wanted to take a look at ten of the biggest losers in our alternative energy universe:

LDK Solar Co. Inc. (NYSE: LDK) is down 5.10% at $5.58.

Evergreen Solar, Inc. (NASDAQ: ESLR) is down 5.66% at $0.91.

JA Solar Holdings, Co., Ltd. is down 5.5% at $4.84.

Canadian Solar Inc. (NASDAQ: CSIQ) is down 3.67% at $11.56.

Akeena Solar, Inc. (NASDAQ: AKNS) is down 8.25% at $0.89.

Hoku Corporation (NASDAQ: HOKU) is down 5.41% at $2.80.

Zoltek Companies, Inc. (NASDAQ: ZOLT) is down 7.8% at $9.68.

FuelCell Energy, Inc. (NASDAQ: FCEL) is down 9.87% at $2.10.

Capstone Turbine Corporation (NASDAQ: CPST) is down 10.3% at $1.04.

American Superconductor Corporation (NASDAQ: AMSC) is giving back some as well with shares down a surprising 6.8% at $28.78.

This is not always the case, but generally the riskier the alternative energy company the more  the company has to lose in general with fossil fuels getting cheaper and cheaper.  The more solid players tend to have more and more orders in place where at least the existing orders already on the books are deemed less at-risk.

The odd thing is that some of these moves are on somewhat weak volume, so some is just a buyer’s strike while each is trying to find equilibrium (if that really exists).  Still, throw in European woes (large alternative energy clients) and a growing sense that there is a higher chance that the contagion will make economic recovery much less than expected and you have a ballgame.

JON C. OGG

Abercrombie & Fitch (NYSE: ANF) is up even though the apparel retailer said its loss narrowed in Q1 as sales improved.  The apparel retailer loss was wider than analysts expected.  Shares are up 2.3% at $41.74 on thin trading volume.

Akeena Solar, Inc. (NASDAQ: AKNS) is soaring after announcing that it has partnered with Westinghouse to Create Westinghouse Solar.  Shares are up a whopping 50% at $1.40 on over 500,000 shares.  The 52-week range is $0.89 to $1.98.

Ambac Financial Group Inc. (NYSE: ABK) had a disappointing earnings report.  The company said its first quarter loss rose to $690.1 million, up from a loss of $392.2 million a year ago.  Ambac shares were up big from lows this year.  Shares were down 7% at $1.36 on over 1 million shares so far this morning.

American International Group, Inc. (NYSE: AIG) is trading up on thin volume this morning.  The AIA sale for Asian operations appears to be on after the Prudential plc rights offering news yesterday.  Shares are up 1.4% at $39.55 on over 10,000 shares in the pre-market.

Cell Therapeutics, Inc. (NASDAQ: CTIC) is up… The news from the company is that Pixantrone was associated with up to a 4-fold reduction in severe cardiac toxicity when compared to Doxorubicin in a CHOP-R regimen.  Shares are up 9.7% at $0.51, although this one has been so volatile in the past that a 9% move may feel like a normal day at the office.

Fidelity National Information Services (NYSE: FIS) is trading down after its private equity deal blew apart.  The company wanted more than the bid and Blackstone has reportedly backed away.  Shares are down almost 6% at $27.20 on about 600,000 shares this morning.

Home Depot, Inc. (NYSE: HD) is after a disappointing Lowe’s report yesterday. Earnings were up 41% but rather than lowering guidance it raised its 2010 guidance.  Shares are up 1% at $35.91 on over 50,000 shares.

Netflix, Inc. (NASDAQ: NFLX) is down after Best Buy’s online video service is set to debut.  Shares are down 2% at $104.21 on almost 25,000 shares this morning.

Spreadtrum Communications, Inc. (NASDAQ: SPRD) in China said that it made $0.17 adjusted EPS versus a loss last year.  Shares closed at $8.18 yesterday and shares are trading up almost 20% at $9.80 on about 230,000 shares.

Wal-Mart Stores, Inc. (NYSE: WMT) is rare to have as a pre-market most active but it is active after earnings were mixed.  Earnings were $0.88 EPS, up from $0.77 EPS a year ago and up from $0.85 EPS expected from Thomson Reuters.  While guidance is mixed, shares are indicated up marginally.  Shares are up 1% at $53.25 on almost 300,000 shares.

You can join our free daily email distribution list to hear more about dividend trends, analyst upgrades and downgrades, top day trader and active trader alerts, news on Buffett and other investment gurus, IPOs, secondary offerings, private equity, and more.

JON C. OGG

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Ciena Corporation (NASDAQ: CIEN) is down about 3% after earnings failed to please.

Apollo Investment Corporation (NASDAQ: AINV) is down less than 1% on a secondary offering.

Gartner Inc. (NYSE: IT) is down over 6% on an insider sale secondary offering.

Akeena Solar, Inc. (NASDAQ: AKNS) is up even more than the 46% gain earlier report on a solid retail distribution pact.

Netlist, Inc. (NASDAQ: NLST) is at it again with a 3% gain after yesterday’s gain.

You can join our open email distribution list to hear more news on key analyst calls, top day trader alerts, mergers and acquisitions, Buffett and other investment gurus, IPOs, secondary offerings, private equity, and more.

JON C. OGG

Delete    ABRAXAS PETROLEUM CORP. (AXAS)
Delete    AKEENA SOLAR INC. (AKNS)
Delete    AMERICAN OIL & GAS INC. (AEZ)
Delete    BMB MUNAI INC. (KAZ)
Delete    CALLON PETROLEUM (CPE)
Delete    CANO PETROLEUM INC. (CFW)
Delete    CAPSTONE TURBINE CORP. (CPST)
Delete    DOUBLE EAGLE PETROLEUM (DBLE)
Delete    ENERGY XXI (BERMUDA) LTD. (EXXI)
Delete    FLOTEK INDS INC. (FTK)
Delete    GEOGLOBAL RESOURCES INC. (GGR)
Delete    GEOMET INC. (GMET)
Delete    GREENHUNTER ENERGY INC. (GRH)
Delete    MERIDIAN RESOURCE CORP. (TMR)
Delete    MITCHAM INDUSTRIES INC. (MIND)
Delete    NATIONAL COAL CORP (NCOC)
Delete    PACIFIC ETHANOL INC. (PEIX)
Delete    QUEST RESOURCE CORP. (QRCP)
Delete    RAM ENERGY RESOURCES INC (RAME)
Delete    TRI-VALLEY CORP (TIV)
Delete    TRICO MARINE SERVICES (TRMA)

There will be updates to this list today and next Friday with the final decision list posted on Monday, June 29.  Of course, that means that some of these deletions might not get deleted in the final list.  A couple were tied to alternative energy in our minds, but were listed by Russell  as ‘consumer’ or ‘producer durables’ rather than in the broad “energy” group.

Jon C. Ogg

The near- and medium-term profitability of the PV solar sector may not attract as many conference attendees as futuristic discussions of solar domination, but the day may come when government subsidies for solar won’t cover the losses.  Maybe the conference ought to spend a few minutes on what happens then.

Paul Ausick
April 29, 2009

The company listed the use of proceeds as being for general corporatepurposes.  This may include the repayment or refinancing ofindebtedness or the acquisition of complementary products orbusinesses. 

No underwriters were listed.  Akeena shares are down over 8% at $2.06today, and the stock’s 52-week trading range is $1.50 to $14.15 and itsmarket cap is currently $60 million.

Jon C. Ogg
January 7, 2009

• Akeena Solar, Inc. (AKNS)… down in sympathy with others, more speculative name in solar.

• American Electric Power (AEP)… becoming habitual.
• CompuCredit Corp. (CCRT) down over 10% more after another post-earnings sell-off.
• Edison International (EIX) making another appearance.
• General Growth Properties (GGP) making another appearance.
• LSI Industries (LYTS) killed on earnings and warning.
• Power Medical Interventions, Inc. (PMII) very poor earnings.
• Spreadtrum Communications (SPRD) lost 1/4 of its price on poor earnings.  The silly company name doesn’t help.

Jon C. Ogg
August 14, 2008

We broke these down by the stock with the date and we showed a comparison of both the May 30 date and what the related changes were at that date as well. 

First Solar, Inc. (NASDAQ: FSLR)
AS OF DATE    Short Int.    Change
06/13/2008      4,183,584      20.16%      
05/30/2008      3,481,565     -1.03%    

SunPower Corporation (NASDAQ: SPWR)
AS OF DATE    Short Int.    Change
06/13/2008      16,804,676      6.46%
05/30/2008      15,784,486      3.63%

Evergreen Solar Inc. (NASDAQ: ESLR)
AS OF DATE    Short Int.    Change
06/13/2008      29,219,334      20.92%
05/30/2008       24,164,046     9.23%

Canadian Solar Inc. (NASDAQ: CSIQ)
AS OF DATE    Short Int.    Change
06/13/2008      4,634,187      8.23%
05/30/2008      4,281,924     -0.68%

Akeena Solar Inc. (NASDAQ: AKNS)
AS OF DATE    Short Int.    Change
06/13/2008      3,718,884      10.32%
05/30/2008      3,371,093       2.77%

Hoku Scientific, Inc. (NASDAQ: HOKU)
AS OF DATE    Short Int.    Change
06/13/2008      3,031,978      10.80%
05/30/2008      2,736,325     -19.45%

Jon C. Ogg
June 25, 2008

As you have seen, most of these are solar plays, but some aren’t.  Fuel Tech helps power plants burn cleaner coal, and it has had more problems over the last year on making its earnings numbers.  Otter Tail is a diversified "General Eclectic" but it has become more well known for making wind towers of late; and it hasn’t hurt that Bill Gates has been a holder for quite some time.  Capstone Turbine has been our largest winner in our weekly "10 Stocks Under $10" newsletter in the sector with a 200% gain; and it is still an active hold in that group.  We also just featured Akeena Solar over at VSinvestor.com for a highly unusual volume spike alert.

These are the ones we screened with the largest short interest increases in the sector seem to be more speculative names, although there were some that saw decreases and we excluded those from this list.  Out of the alternative energy or "cleaner" energy stocks we follow, these were the ones with the largest increase in the short interest.

You can join our open email distribution list to hear about other issues in short interest, secondary offerings, IPO’s, private equity, special financings.

Jon Ogg
May 28, 2008

We’d note that Fuel Tech (NASDAQ: FTEK) is soon to report earnings, this weekend we issued a full earnings preview.  Also, we’ll see earnings out of Trina Solar (NYSE: TSL) on Tuesday.

Cnet News ran a great piece today showing how the American Council on Renewable Energy organized the press conference for Tuesday to publicly lobby for extended tax breaks and credits for renewable energy firms beyond 2008.  Well-known energy investors and business people from General Electric (NYSE: GE), Credit Suisse (NYSE: CS), Google (NASDAQ: GOOG) and others are said to be involved.

SCHOTT AG of Germany broke ground today on a $100 million initial investment for a 200,000 square foot manufacturing facility outside of Albuquerque, New Mexico for its SCHOTT Solar, Inc. unit.

A boutique research firm called Global Hunter initiated coverage of Solar Power (OTCBB: SOPW) and Akkena Solar (NASDAQ: AKNS) with a neutral rating on each.  In another call, Zacks.com showed an interview with one of its analysts talking up JA Solar (NASDAQ: JASO) and Canadian Solar (NASDAQ: CSIQ), as well as Energy Conversion Devices (NASDAQ: ENER).  That can be seen at Zacks.com

Capstone Turbine Corporation (NASDAQ:CPST) announced that RSP Systems completed installations of New York’s first microturbines in four location under the City’s new rule for residential and commercial use.  This stock is up roughly 50% since we added this one to our "10 Stocks Under $10" newsletter, and we haven’t yet taken our foot off the gas…. nor off the turbine.

As a reminder, whether you prefer the term "Global Warming" or "Climate Change" is not the issue as far as 247WallSt.com covers it. Green business has become big business, and this affects many public companies today.

Jon C. Ogg
March 3, 2008