Here Comes The Sun.....

May 30th Update
Sold for Gain DNE - $12
Sold For Loss SYNM - $25
Total Loss - $13

What a difference a day can make. Just yesterday it looked as though the reduction in solar subsidies would eclipse the solar stocks, today we had a reversal. As reported by the AP...

NEW YORK (AP) -- Shares of solar power companies rose Friday after German lawmakers reached a tentative agreement on a milder reduction in state subsidies than some investors had feared.

Before dawn Friday, lawmakers agreed to cut the nation's so-called feed-in tariff that obliges utilities to buy electricity from solar sources at fixed, above-market rates for 20 years. The subsidy has made Germany a magnet for solar energy investors.

So Let There Be Light. I was long in LDK and CSUN since Wednesday only to be in the red all day Thursday. Today we were in the green and so I'll be staying long to see some nice profits roll in if this trend continues.

After getting back to green I just missed an opportunity to get into LGND today when my limit order was missed by a penny for a nice 30% gain as it was a rocket straight up. (Lesson...use market orders when it shoots up that fast) Check this chart out! HELLO!

This miss only proved one of the three axioms I have learned in trading...Timing and Speed is everything... the third being Patience. A triangle similar to the business model of Fast, Cheap and Quality, you cant have all three, but you can always have two. I just happen to be a big believer in the Power of Three as you can see in a blog I wrote here.

So having missed that one and not having had the best week (no big gainers) I decided that being Friday I would liquidate several holdings for a wash to set up for next week. So I sold all of my remaining shares of SYNM and DNE when I saw JBLU go to 3.97 so I doubled down with the new capital. Call me cheap, but I just had to push all the chips from one account to the table for this one especially when I saw the AH volume.

After Hours Time (ET)	After Hours Price	After Hours Share Volume
19:59	$ 3.96	1,000
19:50	$ 3.96	1,900
19:45	$ 3.96	500
19:43	$ 3.96	1,000
19:38	$ 3.96	149
19:31	$ 3.97	500
19:31	$ 3.97	254
19:18	$ 3.99	500
18:32	$ 3.99	1,000
18:31	$ 3.98	1,500
17:58	$ 3.98	1,000
17:26	$ 3.97	191
17:18	$ 3.97	250
17:10	$ 3.97	1,717,378
16:51	$ 3.9663	15,254
16:43	$ 3.97	1,872
16:40	$ 3.97	559
16:38	$ 3.9665	15,254
16:34	$ 3.98	500
16:25	$ 3.9924	2,600
16:18	$ 3.9867	351
16:16	$ 3.97	11,100
16:14	$ 3.97	3,100
16:14	$ 3.9867	300
16:08	$ 3.97	694,000
16:08	$ 3.97	574,300
16:08	$ 3.9985	1,400
16:08	$ 4	478,600
16:08	$ 4	406,800
16:07	$ 3.97	5,000
16:00	$ 3.98	25,000

So we will see how this works out this next week..
it's a gamble but with little downside risk and heavy upside...
I'm in!
As Buffet says, when there's blood in the streets that's the time to go in.

Edit - 5-31

The comment made me realize that as I posted in an earlier blog I had been waiting for EEE to breath. It finally did so I took a position with the dip. We'll see how this plays out as well.