Friday, November 22, 2013

Spire (SPIR) Remains Open For Business

Spire (SPIR) reported 3Q'13 results after the market closed on 02013.11.19. SPIR closed on the 19th at $0.61. The day SPIR opened down a penny, but hit an intra-day high of $0.65 before closing down a penny at $0.60. Yesterday (02013.11.21), SPIR opened down four pennies (down 6.67%) and stayed there for the entire day.

Spire issued a press release yesterday having the following headline: Spire Installs Turn-key PV Module Line in Partnership with an Eastern European Company. According to Spire's CEO Roger Little: There is a great deal of demand for solar in this region... I hoping Roger isn't bullshitting us.

SPIR closed yesterday (02013.11.21) at $0.56. Volume was only 1,901 (vs. 12,588). 52-week range: $0.11 - $0.99.

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