Wednesday, July 30, 2008

Hoku Shares Rally On $298 Million Poly Supply Deal

When this news crossed the wire a couple weeks ago I decided against posting it:
Solar, polysilicon strategies pay off for Hoku Scientific
thinking "the company is so small and besides, who needs another polySi manufacturer".
Today Eric Savitz informs us:
Hoku Scientific (HOKU) shares are sharply higher after the company announced a 10-year, $298 million contract to supply polysilicon to China-based Jiangxi Kinko Energy, a manufacturer of silicon ingots, wafers and related products....MORE
Some of the older HOKU stories in the link-vault:

From MarketBeat:
Premarket: Cuckoo for Hoku

From earth2tech:
Hoku, JA Solar vs. Nitpicky Investors