Posts for Ticker ‘RSOL’

A Green Business Investing Conference (ASTI, DSTI, HEV, LDK, RSOL, STP, VLNC, VRNM)

solar-panel-pic20A conference on clean and green technology sponsored by ThinkEquity LLC opened yesterday in San Francisco. It is billed as a gathering for industry executives, investors, influencers and policy makers within the cleantech and alternative energy industry.  Some of the public companies presenting at the conference include Ascent Solar Technologies, Inc. (NASDAQ: ASTI), DayStar Technologies, Inc. (NASDAQ: DSTI), Ener1, Inc. (NASDAQ: HEV), LDK Solar Co. Ltd. (NYSE: LDK), Real Goods Solar, Inc. (NASDAQ: RSOL), Suntech Power Holdings Co. Ltd. (NYSE: STP), Valence Technology Inc. (NASDAQ: VLNC), and Verenium Corp. (NASDAQ: VRNM). That’s quite a list, especially if you consider how far these companies are down from their 52-week highs (as of yesterday’s close):
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Posted on: March 25, 2009 – 9:39 am in Alternative Energy, Green Biz, , , , , , , ,

Real Goods Solar In The Shade (RSOL, GAIA)

Real Goods Solar (NASDAQ:RSOL) came public in May at $10.00 per share (at the bottom of the $10 to $12 range) yet its trading high is only $9.25 this year.  It has been dropping ever since. It closed yesterday at $4.37, only a dollar above its all-time low. But lack of support for its share price hasn’t stopped Real Goods from acquiring more assets.

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Posted on: October 16, 2008 – 9:47 am in Alternative Energy, Apparel, Entertainment, ,

Growing List of Damaged Post-IPO’s (SB, NM, RSOL, RAX, IPI, WES, PSE)

Down_arrow_redWe would be reporting the economic numbers from the government’s Department of Redundancy Department if we said it is an ugly bear market and if we told you that the IPO market was all but dead.  But what is amazing here is the absolute poor performance we have seen out of the 2008 post-IPO companies.  Many of these companies are still doing well, and some are not.  But in our screen of the big IPO’s there is an astonishing number of post-IPO’s that are trading much worse than just busted IPO’s by being under the IPO price. 

Our list of 2008 IPO’s here was 30% and a somewhat active stock volume.  Below is the list of post-IPO’s we track with shares down more than 30% from the IPO price:

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Posted on: October 7, 2008 – 4:17 pm in Uncategorized, , , , , , ,

Top 10 Pre-Market Analyst Calls (ALU, ATHR, HUN, LVLT, MAA, RSOL, TER, TEVA, TWTI, WFMI)

These are ten of the analyst calls we have seen in the early hours of trading this Monday morning:

  • Alcatel-Lucent (NYSE: ALU) Raised to Neutral from Underperform at Merrill Lynch.
  • Atheros Communications (NASDAQ: ATHR) Raised to Buy from Neutral at Piper Jaffray.
  • Huntsman (NYSE: HUN) raised to Hold from Underperform at Jefferies & Co
  • Level 3 Communications (NASSDAQ: LVLT) Cut to Sell from Hold at Citigroup.
  • Mid-America Apartment (NYSE: MAA) raised to Outperform at Robert W. Baird.
  • Real Goods Solar (NASDAQ: RSOL) started as Perform at Oppenheimer.
  • Teradyne (NYSE: TER) Raised to Buy from Neutral at Piper Jaffray.
  • Teva Pharmaceuticals (NASDAQ: TEVA) raised to Overweight at HSBC.
  • Third Wave (NASDAQ: TWTI) Cut to Neutral at Piper Jaffray.
  • Whole Foods Market (NASDAQ: WFMI) Cut to Neutral from Buy at UBS.

Jon C. Ogg
June 30, 2008

Posted on: June 30, 2008 – 6:04 am in Analyst Calls, , , , , , , , , ,

Solar IPO FILING: Real Goods Solar (RSOL, SPWR)

Real Goods Solar, Inc. has filed to come public via an initial public offering.  For filing purposes the company has a proposed maximum offering set at $57.5 million.  It will have the proposed NASDAQ ticker of "RSOL."

The lead underwriter is ThinkEquity and additional managers in the deal at Canaccord Adams and Broadpoint.

Real Goods Solar is a residential solar energy integrator.  It is ranked number one in California, which is nearly two-thirds of the total U.S. market for grid-connected solar energy systems. Services offered are design, procurement, installation, grid connection, monitoring, maintenance and referrals for third-party financing of solar energy systems. Its first sale was in 1978 of the first solar photovoltaic panels in the United States, and it has sold more than 2,400 residential and small commercial solar energy systems and some 30,000 various customer products.

For fiscal 2007 the company generated net revenues of $32.7 million, with a 30.0% gross margin and $1 million of income from operations.  It sells PV modules from Sharp, SunPower (NASDAQ: SPWR) and Kyocera Solar.

Jon C. Ogg
February 7, 2008

Posted on: February 7, 2008 – 9:03 am in Alternative Energy, IPOs, , ,