Thursday, September 27, 2007
Sector Spotlight: Food and Beverage
It's in my blood, fuckface.
Naturally, every once in awhile, "The Fly" loses money on purpose, just to know what it feels like to be a loser. But, for the most part, the bull is my bitch.
Thus far, the market looks strong. I really like the action in the food and beverage sector. I believe the recent success of HANS and CMG will draw money into the sector.
Right now, KKD, JSDA, SAM, SFD, FMX and CSG look good. Possible long shots in the sector include: REED, FIZZ, ADY, TXRH, DENN, COSI and SMBL.
As you know, my favorite is BWLD.
Finally, as the Chinese melt up continues, I warn you against holding these names too long. However, there are really good companies, unlike the solar shit, that are relatively inexpensive, such as CN (position of mine) or ADY.
Right now, ERTS, SNDK, BWLD, iiG and NTRI are my favorite destinations for new money.
So I thought I'd offer a list of excellent movies, just for fun. Hope you can access it.
Take a look at a daily chart of FXI and compare it to RIMM, price patterns look very similar.
Cigars, I am picking up some XFML here since it hit my trigger of moving down to 200 ema on the daily chart. Sold partial position at 9.80 yesterday, picking up shares today at 8.40. Will pick up another group at gap close if it gets down there (7.88). Just don't want to be left behind if it valuts from here.
Solar thermal electric means lots of reflectors and plumbing, and mechanisms to keep the mirror arrays pointed at the sun, so it is a lot messier than PV. The advantage is that it is easy to store thermal energy, so you can generate "solar" electricity any time of day or night, and you can augment the solar heat with gas burners.
That makes the power dispatchable, which makes it more valuable.
Ausra, the solar power company supplying the equipment, has improved the solar thermal concept by introducing Fresnel reflectors in place of the parabolic reflectors used in most earlier systems. The Fresnel reflectors a more compact and less fussy and fragile than the parabolic reflectors.
Solar thermal-electric systems benefit from scale in the field - these aren't for your rooftop.
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