Solar Materials Play - Toronto Exchange

[Bman409]

Found a recent IPO on the Toronto Exchange that looks very promising

The company manufacturers high purity materials used in the semiconductor and solar celll markets... Things like cadmium telluride, etc

They also run a recycling business for these materials, manage of which are toxic.


The stock is VNP.TO

and the website is

http://206.41.92.188/index.php?lang=english

[Bman409]

I read somewhere that FSLR is one of their biggest customers.. I'll see if I can verify that

[Bman409]

up about 11% so far today.. I have a short term target of $10 on this... in a few weeks

[Bman409]

we're looking at a strong close here.... up about 15% ... volume coming in.. should close at $8 or above

Up gap on Wed

[Bman409]

VNP gapped up about 10% today.. .nearing $9 now

$10 soon

[knowmuchless]

Your picks have been pretty solid. Do you have a physics or env background.

Btw, 5N Plus looks very interesting. Why don't they have a named website)?

[knowmuchless]

Bman,

I cannot buy any of your picks (IPOs from my etrade account until 30 days pass).

How are you buying API.TO, KCL.TO and importantly VNP.TO?

Thanks!

[Bman409]

VNP.TO trade up over $9.25 at one point but now its back to about $9...

I'm looking for a strong close to about $9.45 or so, with an up gap to my targat at $10 tomorrow

I'll probably sell into that up gap if it goes down that way as the stock is getting a little pricey at $10

of course I always underestimate how high the market will take a stock that has momentum, so for all I know.. it might go to $15

[kingfisher]

Your exit target may be reached sooner than expected? Good call

[Bman409]

Your exit target may be reached sooner than expected? Good call

Let's hope so!!