I have just bought Suntech in a personal account and Fusion Portfolio will buy 3000 shares at the same price of $9.96. Earnings are out in two days on Thursday, my preview is here. I had butterflies in my stomach when placing the order and realise that current investor and sentiment will pound STP if they have a substantial miss or negative guidance. This investment has a 1-3year horizon, a short term investment for me.

Opportunity provided by a J.P. Morgan analyst who wrote in a note to clients. “As a result we believe 2008 reflects a peak in solar energy subsidization with risk of cuts going forward.” read more->

I will update the Fusion Portfolio soon. I have to insert the appropriate currency conversions. Time to get the kids ready for the day ahead. Have a great day everyone.

Related posts:

1. FI Fund buys STP and GE
2. Fusion Investing Portfolio Buys Biota
3. Suntech Achieves 1GW and 1MW
4. Fusion Portfolio Buys Westpac
5. Fusion Portfolio Update
6. Suntech Power’s Day in the Sun