Stock Alert: BWEN, CREE, RGSE
by Harris Roen Editor
Roen Financial Report
Friday, June 26, 2015
Today’s Alert:
Broadwind Energy Inc (BWEN)
Cree, Inc (CREE)
Real Goods Solar, Inc (RGSE)
Large price and volume movement on a solar stock, a wind stock, and an LED manufacturer.
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| Broadwind Energy jumps 4% on large volume after announcing a $50 million order for new wind towers. BWEN stock remains down 53% for the year, and is still 72% below its highs reached in 2011. | Market Watch |
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| Cree, Inc. drops 10% on the largest volume in 9 months. The LED lighting company announced a major restructuring plan along with a $500 million stock buyback. This volatile stock is down 43% for the year, but is 35% above its lows reached in 2011. | Press Release |
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| Real Goods Solar surges 33% in two days on news of a plan to convert debt to common stock. At the same time, analysts at TheStreet rate the stock as a sell. This speculative solar stock has almost doubled in the past month, but is down 93% for the year. | The Street |
IMPORTANT INFORMATION
Individuals involved with the Roen Financial Report and Swiftwood Press LLC do not own or control shares of any companies mentioned in this article. It is also possible that individuals may own or control shares of one or more of the underlying securities contained in the Mutual Funds or Exchange Traded Funds mentioned in this article. Any advice and/or recommendations made in this article are of a general nature and are not to be considered specific investment advice. Individuals should seek advice from their investment professional before making any important financial decisions. See Terms of Use for more information.
Remember to always consult with your investment professional before making important financial decisions.
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