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This stock has been real good to me over the past months and probably still has some runs left in it. When builders begin to use Power Glass windows instead of regular windows this stock should perform nicely. XSNX produces clear solar films that are put into glass and makes the glass turn into a solar panel. A 20 story glass building could product 30% of its electricity from its windows.
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XSNX.OB Named 2005 World Technology Award Winner. XSNX Captures First Place in Energy Category at Gala Event in San Francisco. http://biz.yahoo.com/pz/051117/89983.html
About the World Technology Network-
The World Technology Network (WTN) is a global meeting ground, a virtual think tank, and an elite club whose members are all focused on the business and science of bringing important emerging technologies of all types (from biotech to new materials, from IT to new energy sources) into reality. The WTN's membership is comprised of over 700 individuals and organizations from more than 50 countries, judged by their peers to be the most innovative in the technology world.
Posts: 31 | Registered: Sep 2005
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I like this stock after checking out their website and doing a little homework on them. Today looks like a good day to buy on a dip. However, I have one question. To whom do they market the Power Glass solar panels?
Posts: 5 | Registered: Dec 2005
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Their product Power Glass is not solar panels but a clear solar film that would be placed in the glass during the manufacturing process. A glass manufacture could use the same process they use for tinting windows. All they have to do is take out the rolls of tinting film and replace them with rolls of solar film. Any building that uses glass could just install power glass instead of regular glass.
Posts: 31 | Registered: Sep 2005
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The stock price is now up to .60. XSNX has done well since my last posting and it will continue to do well. This is a long term buy, not just for the daytrader. News was released after the bell today. Look for a good entry point and get in early when alternative energy is finally getting support from the government with more support on it's way.
Posts: 5 | Registered: Dec 2005
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Well, we took a little dip down which was a great time to load up again. .55 is not bad. We're going to be above $1 by early next year.
Posts: 5 | Registered: Dec 2005
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Very heavy volume trading right now. Up almost 30% to .83. XSNX will be above $1 soon. And, then it's going to really take off from there.
Posts: 38 | Registered: Jan 2006
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Went all the way up to .87 and almost 7 million shares were traded. It's going to be a very exciting week for XSNX.
Posts: 38 | Registered: Jan 2006
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The vote in California with the CPUC is in 2 days. Cramer even mentioned this on Mad Money yesterday. Look for XSNX to trade up along with other pure solar panel plays like DSTI, SPWR, and WWAT
Posts: 38 | Registered: Jan 2006
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I bought yesterday * 0.747. Today its up 9.40 %. Good start. I usually dont buy otcbb stocks but this seems to good to miss. I see huge potential in Power Glass.
Posts: 7 | Registered: Jan 2006
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Very wise buy. We saw .89 today with almost 8 million shares traded. Tomorrow with news of the CPUC vote making headlines we will see even stronger volume and $1+
"It's Official!" CPUC Approves $3.2 Billion Solar Program
Landmark Vote Creates Nation’s Largest Solar Roofs Program and Puts California on Pace to Become a World Solar Power Leader
SAN FRANCISCO—Today, the California Public Utilities Commission (CPUC) approved the California Solar Initiative (CSI), committing a combined $3.2 billion in incentive funds to drive consumers toward solar power over the next 11 years. The CSI, modeled largely on the Million Solar Roofs bill that ran aground in the state Legislature last year, is designed to provide rebates for homeowners, businesses, farmers and government projects investing in rooftop solar. It aims to install 3,000 MW of solar power regaining California’s position as a world leader in solar energy.
“Its official!” celebrated Bernadette Del Chiaro, clean energy advocate for Environment California, a nonprofit, nonpartisan environmental advocacy group that has been pushing for a large-scale solar incentive program for several years. “It is about time California got serious about tapping into our abundant, homegrown solar power resources.”
Today’s decision adds $2.5 billion in rebate funds, available from 2007 through 2016, to the $300 million made available in December for 2006 and the $400 million already earmarked for solar power in the Public Goods Fund. The combined $3.2 billion program is the largest investment in solar power in the country. By increasing demand 30-fold, the CSI promises to cut the cost of solar by 50% within 10 years, creating a mainstream, self-sufficient solar market.
“With the high energy bills shocking California ratepayers this month, there is no better time to jump start an affordable solar power market bringing true independence from our over-reliance on natural gas,” praised Del Chiaro. “Today’s vote promises to ultimately eclipse dirty and expensive fossil fuels with clean and efficient solar power.”
Leaders of the solar industry also had words of praise for today’s vote. “The CPUC should be congratulated in creating a decade-long initiative that will drive the U.S. solar industry to invest in technological innovation and scale up manufacturing,” said Rhone Resch, president of the national Solar Energy Industries Association. “California will be a leader in the next great high-tech growth industry – solar energy.”
The California Solar Initiative establishes a 2006 rebate at $2.80 per watt and requires an annual decline by approximately 10%, in line with the expected reduction in the cost of solar power. The rebate program will sunset at the end of 2016, at which point it is predicted that the cost of solar will be cost-effective without a direct rebate.
The typical California home today installs a 2.5 kilowatt system. With today’s rebate level, the average $20,000 price tag for the system would be reduced by $7,000. In addition, over the next two years, homeowners can take advantage of a federal tax credit reducing the total cost by an additional $2,000. When combined with low interest loans, lowered electric bills and the ability to get a credit for excess electricity generated by the solar system, California homeowners could expect a return on their estimated $11,000 investment within the first month.
The CPUC anticipates it will fund the $3.2 billion program without raising electricity rates. Instead, the money would come from existing funds already earmarked for solar power and a small surcharge that the CPUC says can be absorbed into existing rates. According to a staff report prepared by the CPUC last summer, this $3.2 billion investment in solar could save California ratepayers an estimated $10 billion from a reduced need to build two dozen peaking power plants or to purchase expensive electricity during peak summer hours.
Other benefits of investing in solar power include cleaner air and more jobs. For every solar roof, at least one ton of global warming pollution is reduced each year. In addition, for every megawatt of solar installed, seven times more jobs are created compared with the equivalent in natural gas power plants. Environment California Research & Policy Center research estimates 15,000 new California jobs will be created from this new solar market.
The PUC program comes at the request of Governor Schwarzenegger and mirrors the bulk of the governor-backed Million Solar Roofs bill (SB 1), authored by Senator Kevin Murray (D-Los Angeles), and broadly supported by the state Legislature. The other policy elements contained in SB 1, such as net metering and making solar panels a standard option on new homes, still require legislative approval in 2006.
Major Elements of the California Solar Initiative Program:
• The complete California Solar Initiative program will invest a total of $3.2 billion over 11 years for consumer rebates. This number includes the $300 million added on December 15, 2005 and the $400 million already available through the Public Goods Fund.
• All small-scale solar technologies will be eligible: e.g. photovoltaics, thermal, hot water, etc.
• The rebate will start at $2.80/watt and declines 10% per year. It will be phased out at the end of 2016.
• Low-income ratepayers up to 260% of federal poverty levels will not pay into the fund and 10% of the fund will be set aside specifically for low-income and affordable housing projects.
• The program will be administered by the CPUC with administration of a rebate program specifically earmarked for new construction run by the California Energy Commission.
• The fund will be created from a small surcharge on electric and gas customers within PG&E, Edison, San Diego Gas & Electric and So. Cal. Gas Company territories. The PUC estimates the surcharge will be absorbed into existing rates without any discernible impact to energy bills.
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I've been watching this stock for the past week now and it can only go higher. I bought in at $1, I think anything under $2 is a good deal. This stock will jump early tue then trickle down slightly between 12-2pm, then take off again to close with it's highest %gain yet. I only wish I had more to invest in this stock, and gotten in on the already impressive gains.
-------------------- Success is having the time and money to enjoy all of life's wonders... Posts: 2083 | Registered: Nov 2005
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XSNX is holding, trading right now at 1.38. We saw 1.56 earlier. 8 million shares traded already.
Posts: 38 | Registered: Jan 2006
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All-Guts, I believe I called it, if you look at my post from the 15th. I don't see a post from you anywhere? I do think your pps by friday is a good guess, I'll say 2.29 pps. GL
-------------------- Success is having the time and money to enjoy all of life's wonders... Posts: 2083 | Registered: Nov 2005
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Come spring, manufacturing is up and running, I'd just about bet the nextupside down pie pan has just been invented. Someone with the insight to buy deep and hold tight ,...well, you get the idea.
-------------------- TI AKERS , WHERE ARE YOU!!! Posts: 899 | From: FT. Wayne to Raleigh-1986 | Registered: Feb 2003
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Im still holding and have no plans to sell anytime soon. I think this company has huge potential.
Posts: 7 | Registered: Jan 2006
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There are zillions of acres of glass windows on skyscrapers worldwide waiting for the solar power film that XSNX will be markteting this April. XSNX will be $10 by then. By now before it jumps again.
Posts: 38 | Registered: Jan 2006
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Looking for a good up day for XSNX since the presidents speech last night called for energy on the rise. The building will be complete for manufacturing in March. C'mon XSNX!!!
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