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Thursday, November 17, 2005

Sunpower IPO (SPWR)

Sunpower officially began trading today on the Nasdaq: ticker symbol (SPWR). The stock priced at the high end of the range and then ran up 41% today to close at $25.45. I had owned Cypress Semiconductor Jan 15 Call options for this play. I sold all of them a few days ago for $2.00 each. I think you have to let Sunpower (SPWR) come in a little bit if you wanted to buy some shares.

Once I hear where Under Armor's (UARM) stock prices at I will let you know. Congratulations to all that have seen nice gains in Sunpower (SPWR) and IntercontinentalExchange (ICE).

2 Comments:

Blogger FreeStocksTips said...

Solar power is about to get billions of dollars in support on January 12 when the CPUC votes. Buy spwr, xsnx, and dsti to make 1000%+ in 2006.

1/03/2006 8:35 PM  
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