OPEC supply cuts and alternative energy stocks

Looks like the recent slide in oil prices should be coming to an end. Perhaps it is a good time to take a look at some alternative energy stocks which have taken a beating recently.

The NOV 22.50 call options for Suntech Power (NYSE:STP) definitely looks attractive to me now! A quick swing to the 30s after earnings annoucement looks very possible.

Advertisements

3 Responses to “OPEC supply cuts and alternative energy stocks”

  1. Paul Meyer Says:

    You are very right and I agree on a beating on oil and energy sector has stopped and now in full upswing. I carefully watch SWN, EOG, and OIH and am convinced they are moving much higher. What do you do for a living and how long have you been trading for?

  2. xcalibus Says:

    Hi Paul!

    Welcome to my blog! Its nice to be having visitors.. šŸ™‚

    I’ve been trading for about 5 years now and have just quit my job as an IT consultant to do web publishing full time.

    I am very much into Solar stocks, especially STP. Bought another ten 22.5 MAR 07 contracts last week… I’m very much convinced that this Chinese company is going to announce great earnings quarter after quarter for the whole of next year!

    What about you? How did you chance upon this blog of mine?

  3. Antibush Says:

    Bush is forever saying that democracies do not invade other countries and start wars. Well, he did just that. He invaded Iraq, started a war, and killed people. What do you think? Why has bush turned our country from a country of hope and prosperity to a country of belligerence and fear.
    If ever there was ever a time in our nation’s history that called for a change, this is it!
    The more people that the government puts in jails, the safer we are told to think we are. The real terrorists are wherever they are, but they aren’t living in a country with bars on the windows. We are.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s


%d bloggers like this: