Checking In

Well, well, well, it has been a long time since I have posted to this particular blog. Please, I apologize... I know, I know... the masses have been anxiously awaiting my next big post. My three readers - me, myself and I - are pumped for this new post. I'm glad nobody views this blog because he/she could probably see I was pretty much dead wrong about green stocks catching fire with the inception of the Obama administration. Since then most green sectors have gone nowhere! The real estate & bank meltdowns did not help matters. Investors ran to commodities such as silver, gold and oil, and not to solar, wind, geothermal, etc. The focus became bailing out big investment banks, and they certainly took their money and ran. What else is new - big banks, big business, big interests sticking it to the little guy. I can go on and on about what the majority is feeling about the BBBig BBBank BBBailout. It probably had to be done to keep the entire global banking system from shutting down. The sad thing is, they gobbled up the bailout money, turned around and basically said, "Screw you, we're not loaning anything back out to the little guy." Thanks, thanks for sharing.

Anyway, I might not have called the entire green sector right but, in checking back on the performance of the companies I highlighted back on April 30, 2009, my intuition proved to pan out some decent total returns thus far, with the exception of SunEdison (who never went public). Their parent company, MEMC, who acquired them 11/23/09, has struggled within the Semiconductor - Integrated circuits industry:

Duke Energy Corp -$13.96 to $18.64 = +33%
MEMC (obtained SunEdison 11/23/09) - $12.58 to $9.09 = -29%*
American Elec power - $26.94 to $37.13 = +38%
Xcel Energy - $18.39 to $24.24 = +32%

Total returns as of May 1, 2009-June 15, 2011
*as of Dec 1, 2009-June 15,2011