Aug 21, 2011

Green Investing Report by Conserv-A-Store week ending 8/19/11

The bleeding of the financial markets is the worst it has been since the fallout of the Lehman Bros collapse in late 2008 and early 2009.
We are not qualified to say this but we suggest you stay out of the market for a while and let things settle unless you see some bargains that cannot be passed up.

Sadly Evergreen Solar went bankrupt this week.

Here are a few write-ups on what's next for the company:

-Evergreen cannot pay convertible bond holders

-Was Evergreen's demise the result solely of Chinese competition? 

-Is the fall of solar PV prices good for the world but bad for Evergreen?

Here's our portfolio as of Friday-yes we know it's bad. This is a live experiment proving that Green Investments are not immune to the world upsets even though we feel they could be.

  Today   Since Purchased  
Symbol/Name Price* Change Last
Trade
Gain/Loss
(USD)
Shares Price
Paid
Purchase
Date
Gain/Loss
(USD)
% Change % Port Value
(USD)
2208:HK (HKD)
Xinjiang Goldwind Science & Technology Co Ltd

4.62 -0.27 08/19
-0.03
1 16.30 01/03/2011
-1.50
-71.66 0.00
0.59
ESLR:US ($)
Evergreen Solar Inc

0.17 +0.0075 08/19
+0.01
1 3.29 01/03/2011
-3.12
-94.83 0.00
0.17
FAN:US ($)
First Trust Global Wind Energy ETF

8.67 -0.16 08/19
-0.16
1 10.40 01/03/2011
-1.73
-16.63 7.10
8.67
GAAEX:US ($)
Guinness Atkinson Funds - Alternative Energy Fund

3.93 -0.12 08/19
-0.12
1 5.24 01/03/2011
-1.31
-25.00 3.22
3.93
GAIA:US ($)
Gaiam Inc

3.66 -0.33 08/19
-0.33
1 7.67 01/03/2011
-4.01
-52.28 3.00
3.66
ICLN:US ($)
iShares S&P Global Clean Energy Index Fund

11.86 -0.42 08/19
-0.42
1 16.07 01/03/2011
-4.21
-26.20 9.71
11.86
KWT:US ($)
Market Vectors Solar Energy ETF

6.95 -0.46 08/19
-0.46
1 11.17 01/03/2011
-4.22
-37.78 5.69
6.95
NALFX:US ($)
New Alternatives Fund Inc/fund

35.98 -0.55 08/19
-0.55
1 40.88 01/03/2011
-4.90
-11.99 29.45
35.98
PBD:US ($)
Powershares Global Clean Energy Portfolio

10.25 -0.29 08/19
-0.29
1 14.12 01/03/2011
-3.87
-27.41 8.39
10.25
RSOL:US ($)
Real Goods Solar Inc

2.19 -0.13 08/19
-0.13
1 2.45 01/03/2011
-0.26
-10.61 1.79
2.19
VWDRY:US ($)
Vestas Wind Systems A/S

6.56 +0.01 08/19
+0.01
1 11.14 01/03/2011
-4.58
-41.11 5.37
6.56
WFIFF:US ($)
WaterFurnace Renewable Energy Inc

19.773 -0.877 08/19
-0.88
1 24.63 01/03/2011
-4.86
-19.72 16.18
19.77
WGGFX:US ($)
Winslow Green Growth Fund

11.60 -0.32 08/19
-0.32
1 14.62 01/03/2011
-3.02
-20.66 9.49
11.60
Totals
-3.67
 
-41.59
-25.39  
122.19

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