APWR has been on a major northward tear in the last month up from $8 to $14.50 today and rising fast on basically zero news besides two new biomass contracts. Why is APWR moving so much so fast??? Answer is Shenyang Power Alliance which is a chinese government sponsored consortium headed and planned by APWR and handling power stimulus jobs and contracts for the Chinese people to build green power while employing green consortium alliance employees.
APWR with the GE partnership is almost a given homerun due to the expansion of GE into China for wind power using APWR as a '''inside China''' partner. When APWR finally completes its initial first wind turbine construction, APWR is sure to rocket north given the immense 14 billion per year wind power revenue potential going forward to 28 billion in 2010. Buy and hold with $19 2009 price target going to $38 in end of 2010!
Disclosure ::: LONG APWR