Yesterday's strange dip in the price of GOOG stock was certainly weird, but the actual stock is looking rather attractive without any artificial drops. We think that Google's growth will continue, perhaps not at the same pace, but given the level of sales and cash flow it is just too cheap and value like this usually does not last.

Fifty years ago, the world used about four billion barrels of oil a year, and the average new oilfield discovery was around 30 billion barrels.

Today, those numbers are roughly reversed. The last really big (30 billion barrel) find was Mexico's Cantarell field, way back in 1976.

Is this a good time to buy? Nope! There's no reason to buy when a stock is still in a confirmed downtrend, that's how people get burned. What's helpful if trader's look at multiple time frames. For example, during the day I would have up 120 mins (1 min increments), 1 day (5 min inc.), and 3 day charts (10 min inc.). That way I get the entire picture.

Research in Motion has had one heck of a day, dropping more than 27% after a disappointing earnings release. We are starting to like the posibilities that are represented by this growth story that all of a sudden is attractively priced.

Aehr Test Systems (AEHR), a supplier of semiconductor test and burn-in equipment, announced financial results for the first quarter of fiscal 2009 this afternoon after the close. Revenues rose to $9.7 million, an increase of 27% from $7.7 million for the same period of fiscal 2008. Income from operations was $1.4 million, an increase of 89% from $717,000 a year earlier.

China Sunergy Co., Ltd. (CSUN), a manufacturer of monocrystalline solar cells in China, announced this morning that it has signed a seven year sales contract with Wuxi Guofei Green Energy Source Co., Ltd., a Chinese solar energy company.

Open Energy Corporation (OEGY.OB), a California-based solar power development company, announced Thursday that it has completed installation of its largest solar electric project to date, totaling 17,000+ square feet of glass panels embedded with photovoltaic cells, for the California Academy of Sciences, a soon-to-open science museum in San Francisco.

California-based XsunX Inc. (XSNX.OB) is a thin-film photovoltaic company. The company has focused on the development of thin-film amorphous technologies and products due to the inherent advantages of amorphous silicon over other solar absorbers.

China Sun Group High-Tech Company (OTCBB: CSGH) announced that its wholly-owned subsidiary, Dalian Xinyang High-Tech Development Co. Ltd. (”DLX”), has entered into two one-year contracts with Shenzhen Haoran Battery Co., Ltd.

EarthLink's strategy of being the premier provider of premium dial-up Internet service is a long-term loser, but a lean operating structure and good cash flows should allow it to hold on until a buyer comes along.

Yesterday the Senate passed an 8 year $18B extension of the 30% investment tax credit [ITC]. Sources close to the discussions in the Senate had seen a shift away from the large House of Representatives omnibus bill (now in debate) to a smaller ($) one specifically addressing the solar and wind More here http://stocktoprofit.com/alternative%20energy%20stocks.html

A-Power Energy Generation Systems, Ltd. (APWR), China’s largest provider of distributed power systems and a recent entrant into China’s wind energy market, this morning announced that it has signed a sales contract with China National Control System Corp. (“CACS”) for five 2.7-MW wind turbines for delivery during the fourth quarter of fiscal 2008.

Westport Innovations engages in the research, development, and marketing of high-performance engines and fuel systems. Headquartered in Vancouver, British Columbia, their engines use gaseous fuels such as compressed natural gas (CNG), liquefied natural gas (LNG), hydrogen, and hydrogen-enriched compressed natural gas (HCNG).

Worldwide Energy and Manufacturing USA Inc. (WEMU.OB) is an engineering-oriented firm specializing in PV panel, mechanical, electronics, and fiber optic products manufacturing. The company’s worldwide customer base includes the following industries: solar energy, wireless communications, aerospace, medical equipment, and automobiles.

After the Senate finished grilling the Wall Street bailout triumvirate of Bernanke, Paulson, and Cox, it got to work passing HR 6049, the Renewable Energy and Job Creation Act of 2008, aka the Investment Tax Credit [ITC]. More here http://stocktoprofit.com/alternative%20energy%20stocks.html