I'm thinking about investing in this company. Anyone know any reasons why I shouldnt?

Question

CONERGY AG
http://finance.google.com/finance?hl=en&q=CONERGY+AG+&um=1&ie=UTF-8&sa=N&tab=we

Answer 1

I can't get a chart on this company from my US based broker or Yahoo.com.

Solar right now is "red hot". I just got out of JASO and FSLR (US Symbols). Both in the same "hot" market. It's been very profitable.

If the chart was good I'd consider this one (after a correction). Needles to say this is the type of company that could drop 60% in two days or premarket. Therefore the max I'd put into it is less that .005% out of my well planned "asset allocation".

I'm still in Dry Ships (DRYS). They're still "underpriced" to value.

Answer 2

The last person said it looked good. That is a reason not to invest. Historically, the better an investment is described on the Internet as being, the worse it performs. This is because any positive mention on the Internet, such as you have caused, results in a temporary increase in the stock price, meaning that you will pay more per shares than if you had not asked the question, but will not obtain more per share when you sell.

Answer 3

I invested in the company 2 years ago, and my investment has more than tripled

They are a solid company with good management and good financials.

Deals are slow in coming in that sector which makes it a long term hold for me.

The one issue I do have with the company is that they aren't doing more outside of Europe to sell their products. They started a plant in Pennsylvania earlier this year, but I have not heard a lot since.

Answer 4

Be really careful, I think this stock has capped for several reasons, do due diligence.
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Answer 5

Looks good but you need to look at the debt ratio and their projected 2008 earnings before investing.