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AGORACOM WIRE - MONDAY MAY 28TH, 2012

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Message: nice gains today

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Re: nice gains today

in response to nice gains today by QQ_Girl
posted on Nov 15, 07 12:16PM

Today was down across the market in all sectors. APV was no exception. A combination of factors - subprime jitters, continuing unwinding of yen-carry trades, profit taking, people on margin calls forced to liquidate, shorters trying to push down prices with a view of picking up cheaper rates. Here is a news release from AFA. Last month, Norway's Renewable Energy Corporation (REC) said it planned to invest more than 3 billion euros (US$4.3 billion) to build a manufacturing plant in Singapore for solar wafers, cells and modules. APV is in the right niche market with good growth potential that will gain share of the solar market from Q2 2008.

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