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Evergreen Solar Inc. (ESLR) [hlAlert]

Reduce ESLR
down 69.87 %

Evergreen Solar, Inc. (ESLR) downgraded to Reduce with price target $1 by Ardour Capital

Posted on: Friday,  Nov 6, 2009  10:25 AM ET by Ardour Capital

Ardour Capital rated Reduce Evergreen Solar, Inc. (OTCBB: ESLRQ) on 11/06/2009. Previously Ardour Capital rated Accumulate Evergreen Solar, Inc. (OTCBB: ESLRQ) on
09/17/2008., when the stock price was $4.78. Since then, Evergreen Solar, Inc. has lost 69.87% as of 11/06/2009's recent price of $1.44.
If you would have followed the previous Ardour Capital's recommendation on ESLRQ, you would have lost 69.87% of your investment in 415 days.

Evergreen Solar Inc. develops, manufactures and markets solar power cells, panels and systems that provide reliable and environmentally clean electric power throughout the world. The company's sales are composed of primarily solar panels. The company is preparing to begin large-scalemanufacturing of its solar power products in its manufacturing facility. The company believes the proprietary and patented solar power technologiesthat the company has developed and are currently developing will give the company significant cost and product design advantages.

# A leading institution in Energy Technology/Alternative Energy & Power/Clean & Renewable Technologies. # Publish in-depth company research and extensive technology-focused reports. # Provides a wide range of financial services for both public and private companies. # Ardour Global Indexes ( a family of pure-play alternative energy indexes. # Sponsors annual invitation-only Energy Technology Conference. # Member of FINRA/SIPC.
as of 1/1/0001
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(*) Stock Price at the time of the recommendation.
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