WFR - MEMC Electronic Materials, Inc. (NYSE Stock) - Stock Market Forum, Penny Stocks, FOREX, NASDAQ, AMEX, NYSE, Live Chat

**BadThad** · #1 10-23-2007, 09:42 AM

I've been doing some DD into this area, silicon wafers are in HUGE demand and all mfg's cannot keep up. Almost every player in this area is adding more capacity. Personally, I don't see demand ever going away, CPU's and solar power are in vogue and that won't change for a long, long time. This company seems to be the major player.

WFR on Google Finanace

Not only a positive business going, the chart is setting up for a reversal IMO:

Chart

I'm not in this one yet, but I'm getting serious.

Today's Price: $59.17

**Grizzums** · #2 11-08-2007, 05:03 PM

Good day today.

Been in on this one for awhile....I wish I had some more solar exposure but at least I had been adding here last month as crude was on the rise.....correlation told me to.

**BadThad** · #3 11-08-2007, 05:08 PM

Not many stocks had a good day today. LOL

I sold off 70% of my portfolio for fear of another summer 07 a$$-kicking. Moved heavily into CVX, oil is going up and they're paying out a divy soon.

**Grizzums** · #4 11-08-2007, 05:14 PM

Quote:

Originally Posted by BadThad

Not many stocks had a good day today. LOL

I sold off 70% of my portfolio for fear of another summer 07 a$$-kicking. Moved heavily into CVX, oil is going up and they're paying out a divy soon.

I hear ya....I didnt sell off, but did buy some downside protection this morning...

As far as oil....I have some exposure for certain, mainly infrastructure areas w/ co's that have long term contracts in place....but I might be more inclined to look at getting short oil (if I played it directly which I dont).......tough call...

Interesting article on oil in business week...Ill post it in CVX thread.

**greencat** · #5 12-27-2009, 09:39 PM

WFR has a low level inverted head and shoulder pattern. These patterns are reversal patterns.

WFR Chart

thegreatgate · #6 01-05-2010, 12:33 PM

Up 4.4% today to $14.46....looks like huge amount of upside

This was one of those really expensive stocks in 2007-08 that got hit hard by the recession...almost $100/share at one point:

thegreatgate · #7 01-05-2010, 01:35 PM

Looking for an entry, last $14.49....I have an open order to buy at $14.20 but it won't fill today....

**BadThad** · #8 01-05-2010, 04:41 PM

I might buy some at market, I think this is going to move.

thegreatgate · #9 01-12-2010, 02:50 PM

Last $14.3

Still looking for entry on this. It could produce some nice gains over the next few months. Here is the daily chart with Ichimoku Clouds:

**BadThad** · #10 01-12-2010, 05:22 PM

I think this is a great play, especially with the market pull back....worth watching close for an entry if we see another pull back tomorrow or even the rest of the week.