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More small-caps slaughter

January 30th, 2010 · No Comments

Pretty amazing, actually…

What to think about SmartHeat (HEAT), it’s right there on the support trendline while being crushed from 18 to 11 in, well, just over a week..

It’s a very interesting company, we don’t have time to do the write up now, but it’s gotten quite cheap all of a sudden. We still want to see whether the support holds next week (or if it doesn’t, the supportĀ  below, the 200 day moving average), but picking a few up already won’t hurt in the long-run.

Here is another one and we did write about recently: NEP

It sits just at it’s 50 day moving average, still 50% above the 200 day. The fundamental story is one we like very much.

Tags: HEAT · NEP