Insiders Bought Today = Hold on to yer hats tomorrTSX Venture Exchange
| Company Name : OPEL Solar International Inc. |
Last Updated: March 2, 2011 |
| Date |
Symbol |
Insider
Buys
Volume |
Insider
Sells
Volume |
Insider
Buys
Value $ |
Insider
Sells
Value $ |
Insider
Buys
Transaction |
Insider
Sells
Transaction |
Currency |
| 03/02/2011 |
OPL |
591,000 |
0 |
373,655.00 |
0.00 |
36 |
0 |
CAD |
Well boys and girls, I'm glad we finished strong as I was away after lunch. I'll behonest I bought as soon as the news came out but I have no intention onselling this one for a long time. I don't post any stock unless it haspotential behind it.
1. First a few words about OPL: With OPEL Solar, Inc. o
perations headquartered in Shelton, CT and the
headquarters office in Toronto, Ontario, Canada, OPEL designs,manufactures and markets high performance concentrating photovoltaic("HCPV") panels to transform solar energy into electricity for worldwideapplication. OPEL's high performance photovoltaic concentrating panelsgenerate up to 40% more kilowatt-hours than conventional flat platesilicon solar panels, resulting in more cost effective electricitygenerated from the sun. OPEL also markets a complete line of dual andsingle axis solar trackers to mount solar panels for the optimum poweroutput. OPEL designs infrared sensor type products for military,consumer, industrial and commercial applications.
2. The news today was regarding its chip /semiconductor technology which is a frosting on the cake( a bigfrosting) particularly because the government is so interested in it.That means that financing will be a lot easier and a buyout price willbe a lot bigger.
3. The real meat and potatoes is Opel's solar energy aspect of the business . First of all it has an operations head office in the U.S. - which is already huge means they can capture the U.S. market that is a lot bigger than our Canadian one here.
Second of all, you should not ignore the news on 15 December 2010 because also capturing the Asian market and China is huge.. As I said before
China relies heavily on dirty coal energy, that is why a lot of people wear face masks there - the air is very polluted... If China can get away from this dirty coal energy and move to clean solar energy, they will do it in a blink of an eye in my opinion.
The mission of OPEL Solar Asia Ltd. is to market OPEL HCPV productsthroughout East Asia. The primary country targeted for CPV marketpenetration is China. "With Ecotech, OPEL Solar found a well-establishedpartner to advance our business into East Asia. In fact, according to arecent posting on New Energy World Network, China's photovoltaic marketis one of the largest in the world and has a robust growth projection,"said Frank Middleton, COO of OPEL Solar, Inc. "
OPEL chose to enter thismarket with Ecotech because of their profound regional knowledge andclient base, with the added advantage that since Ecotech is established,it serves to minimize our start-up expense," Frank added