Green Energy Investing; Renewable Power Penny Stocks
Here are some alternative energy companies trading at $1 or less as of the close of market, Tuesday, September 7th, 2010:
(Investing in penny stocks is for high risk investors, as there is a reasonable possibility that any single investment can go to zero. Prudent investors should allocate less than 5% of their total portfolio to speculative issues.)
Lithium One Inc. - LI - $1
Zongshen PEM Power - ZPP - $1
EMCORE Corp - EMKR - 0.94
Valence Technology - VLNC - 0.93
US Geothermal - HTM - 0.76
Clipper Windpower - CWP - 45p
Nevada Geothermal Power - NGP - 0.53
Suzlon Energy - 532667 - 51.70r
Hy-Drive Tech - HGS.V - 0.195 (Disclaimer: I own shares in this one)
Cleanfield Energy - AIR - 0.19
Shear Wind Inc - SWX - 0.18
It's probably best to own a few different green energy stocks, and not fall in love with them. Competition for sales will be fierce, so when you have a solid profit at a strong sales multiple, keep the exits in mind. Of course, some of these may go on to be the next Vesta or First Solar, but most won't; Happy hunting!!!
More Green Energy Investing links:
