I follow alternative energy stocks fairly closely.  In particular, solar cell producers.  Many of the large producers are based in China where the government today announced that they are increasing a key transaction fee investors must pay to do business in that country.  That caused a 6.5% drop in China’s stock market and took a good bite (5-10%) out of most of these solar stocks.

In the interest of full disclosure, yes, I doubled-down on TSL (Trina Solar).

Sector Snap: Solar Cell Makers: Financial News - Yahoo! Finance

This entry was posted on Wednesday, May 30th, 2007 at 9:06 am and is filed under Investing. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.