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| Discussions for Akeena Solar, Inc. | View all discussions |
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| What do you guys know about this stock? | ||
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I got in at 14.00. Its what is known as being LOOOONNGGGG on a
position. Say you buy 5k more at 4.00. You then break even at 5.33 for the whole 10k. It will hit 5.33 way before 8. It is being shorted now and the shorts are over the 13 day threshold. It has to bounce soon. Im in for more when it gets to 3.50.
gac...@gmail.com wrote:
> Please give me guidance, cause i bought 5k when it was $8. So you can > imagine how much i've lost already. I got an equity line of credit > from my house and put it in the market. Im loosing 50% already. Any > suggestions. Should i sell or wait to pick up a bit and then sell. |
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People are making money by shorting the stock and hoping that it does
bad. AKNS is in an industry that deals with home and real estate in the US only so ultimately its price might be related too a dreadful housing market. I bought in at 5.50 and you just have to hold out. Akeena might ultimately be one of those stocks that gets bought out by an energy company that is struggling within their own solar sector, which in a bigger industry alternative energy that might be a possibility. No way would I sell at this moment. Just like 99% of the stocks out there you just have to wait it out. |
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I am in heavily at $6.5, and that's after averaging in and selling on
the spikes from going in at almost $9. I got caught on a swing trade before I could set my stop-loss...so be it. When it hits $4.25 I will double up and sell on the next spike. I think that this stock is in the dumps for a while, but with that
Akeena is in the tough California market with a small lifeline to it's
You've done many things wrong already if your post is sincere - eggs
Good luck! And read any books that you can by Peter Lynch if you want
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I'm sitting on 500 with an average of 7.26.. I could average down
fairly easily with a little more cash. Akeena's stock has a history of doing this, then it rises like a phoenix out of the ashes. solar's been cold for a long time and is just starting to heat up with earnings.. the whole market should heat up with the election.. patience pay$ |
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