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Transaction Details

Company: Suntech Power Holdings
Ticker:STP
Yahoo Beta:3.00
Industry:Diversified electronics

Company Description:  Suntech Power Holdings, Ltd. manufactures and sells solar panels. The company is located in China and sells products in Asia, North America, and Europe. The company produce panels using monocrystalline and multicrystalline silicon photovoltaic cells and thin film technology.

Purchase Date:04 Mar 2009 Sale Date:01 May 2009
Purchase Price:$5.84 Sale Price:$14.82
  --Split Adjusted:$5.84  --Split Adjusted:$14.82
Shares Purchased:500 Shares Sold:500
  --Split Adjusted:500  --Split Adjusted:500
Transaction Fee:$111.38 Transaction Fee:$170.80
Price Range (6 Months Prior):    Price Range (6 Months After):    
High$43.53 High$0.00
Date19 Sep 2008 Date01 Jan 1996
Low$5.21 Low$0.00
Date02 Mar 2009 Date01 Jan 1996
S&P (Purchase Date):$709.12 S&P (Sale Date):$877.52

Purchase
Timing:  We bought near the six month low.
Reason:  Suntech is one of the larger manufactures of solar panels. Because it is located in China, its costs are quite low. The company offers multiple technologies, which we believe positions the company well going forward. The stimulus package offers tax credits for purchasing solar panels.

Sale
Timing:  The stock has appreciated significantly since our purchase.
Reason:  The price hit our target.

S&P Gain: 23.75 % Annualized Gain: 282.29%
Stock Gain: 153.77 % Annualized Gain: 34990.09%

Dividends:$0.00
Net Holding Return ($): $4,207.87
Net Holding Return (%): 138.81 %