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  • Optimism Blowing In The Wind For Renewable Energy Stock Zoltek (NASDAQ: ZOLT); Trades Up Over 40% On First Quarter Report  1 comment
    Feb 3, 2012 10:41 AM | about stocks: ZOLT
    New York, NY, - February 3, 2012 - (Investorideas.com renewable energy/green newswire) Investorideas.com, a leader in renewable energy stock research for independent investors, issues an investor alert for wind stock, Zoltek Companies, Inc. (Nasdaq: ZOLT). The stock is trading up at $13.52 4.05(42.77%) 10:28AM EST on over 2 Million shares on first quarter earnings.

    Zoltek Companies, Inc. (Nasdaq: ZOLT) reported financial results for the first quarter of its 2012 fiscal year.

    Zoltek`s net revenues for the quarter ended December 31, 2011, totaled $47.0 million, compared to $32.9 million in the first quarter of fiscal 2011, an increase of 43.2%. On a sequential quarter basis, net sales for the latest quarter increased $3.9 million, or 9.1%, from the fourth quarter of fiscal 2011.

    According to the Company pres release ," Zoltek believes that the prospects globally for wind energy will continue to be positive since it is the only clean zero CO2 emission renewable energy source that is cost-competitive with fossil fuels. Moreover, carbon fiber is the only material that delivers the necessary stiffness and strength per pound of weight to ensure the structural integrity of the super-long blades that power these turbines."

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  • Wall Street Teacher
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    Comments (408) | Send Message
     
    ZOLT announced automotive partnership @ the Paris Auto Show. This could get interesting. Long here for a nice speculative trade given the size of the short. Recent favorable lawsuit ruling also provides a "Hail Mary" shot at an unexpected payday. odds are still long on that one since the US Government is a tough Nemesis in court.
    29 Mar 2012, 01:15 AM Reply Like
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