Odyssey Marine Down But Not Out

When the courts ruled the Odyssey Marine (OMEX) should return the sunken treasure to the Spanish government on June 4, 2009 Odyssey's stock price lost nearly half its value in a single trading day. Without a doubt this is a huge blow to Odyssey, but the fight is not over. Anyone in their right mind would realize that Odysesey Marine should at least be given a massive finders fee for discovering, recovering and preserving this historical find.

If you caught the program on the Discovery Channel called Treasure Quest you can see that this company is serious about finding treasure. There is a lot of different shipwrecks in the sea and it is only a matter of time before they discover another big find like the Black Swan. Sure this stock is risky, but not as risky as it was at $4. Think of buying this stock like a ongoing lotto ticket, you never know when you are going to strike it rich, but you have a chance and a pretty good one if you ask me at this bargain basement prices.

What do you think about Odyssey Marine's stock, are they a good buy at these levels or do you think they could sink even lower?

Will Evergreen Solar Fly High On Investor Day?

"Once we get into the first quarter of next year we should start making money. We should go into the black and hopefully stay there," Chief Executive of Evergreen Solar Richard Feldt.

(ESLR) has only a 1.24 billion dollar market cap, a strong connection in Germany and a 1.85 billion dollar sales backlog as of the middle of May 2008, this company's stock is certainly worth taking a look at.

The Marlboro, Massachusetts-based company reported a first-quarter net loss of $25,000, or break-even on a per share basis, compared with a loss of $6.2 million, or 9 cents per share, in the year-earlier quarter.

Their new Devens plant opens this month and will be capable of producing 80 megawatts of wafer cells and panels a year based on Evergreen Solar's estimates.

Here is what you can expect on Thursday, June 18, 2008 from the press release...

Evergreen Solar Chairman and CEO Richard M. Feldt, Chief Financial Officer Michael El-Hillow and other members of the executive team will provide a strategic overview of the Company's business through a series of presentations. The meeting will be followed by a factory tour of the company’s new state-of the-art wafer, cell and String Ribbon™ solar panel manufacturing facility.

Just like Energy Conversion Devices (ENER), this stock could easily make a substantial move upwards once it begins consistently breaking into the black. I think it will even make a nice move on Thursday, as they show off their superior manufacturing capabilities during investor's day.

Now, I am not one for charts but you can obviously see the double top below, if you follow the company though, you would know that financial are in a much better position then they were even a year ago. Not only that, their recent stock offering which dilutes the shares artificially, have kept the share range bound. This dilution also makes it harder for any stock to go up in value initially.

Evergreen Solar looks to me like it is poised for a breakout, and this investor day could easily trigger it. Then again, I am a bit bias since Evergreen Solar has been one of my favorite long term stock picks...
What do you think of Evergreen Solar's stock?

Fueling The Winds Of Change With Zoltek

First of all, I just want to say that the market has been very hard to take the past month or two. What you need to remember, is that we are in it for the long haul. If you are an investor that thinks long-term, you should be drooling over all of the values out there in the market today. Even with an "economic slow down" here in the states, it really doesn't change the global growth stories of plenty of companies out there today.

For instance, Intel just reported today only 2 cents under estimates yet it is hammered in after hours. The market is overreacting and focusing on any negative news, without even considering a tomorrow. Now is the time to be concentrating on the future, a long term investor needs to be ready to buy at these moments, not panic like some many people tend to do.

That being said, my next long term pick is the carbon fiber producer Zoltek (zolt). This company is the leading producer of the carbon fibers that go into producing wind turbines, a growing source of green energy. This relatively small company (1.26 Billion Market Cap), has signed long term supply contracts with the top manufactures of wind turbines in the entire world! Gamesa Group of Spain, DeWind and the world's largest producer Vestas Wind System will be begin to be reflected in Zoltek's bottom line very soon.

In case you missed the figures wind energy is projected to grow at 25% per year worldwide, and I personally think this is a pretty conservative estimate. As I stated earlier with Evergreen Solar and Ormat Technologies, green energy is going to become the next multi-year bull market.

Zoltek is in one of the sweet spots, and appears to have a near monopoly on a key area of this growing trend. Their revenues have been growing at a very impressive rate and should only continue to do so with it's recent announcement that it had purchased the Guadalajara, Mexico-based Crysel Acrylic Fiber.

As if that weren't enough reason to own Zoltek, they also have the potential to be huge in the automotive market as their light weight carbon fiber could easily be used in the manufacturing of more fuel efficient vehicles. Think about it, the government is just beginning it's push to increase fuel standards, and as oil rises the process will only speed up.

Yeah the market is pretty bearish right now, but there is always plenty of companies to pick up on sale at this level. Always, don't buy all at once and focus long-term... as with all things, this will pass...