A-Power Energy (APWR) Earnings/Guidance Remain in Line - Wind Business On Track

A-Power Energy Generation (APWR) will disappoint the "momentum" crowd today as it simply reported in line numbers for its quarter and did not raise guidance any further. So I'd expect a rash of them to exit to move on to the next gamble Tuesday morning. This remains a 2009-2010 story as the wind business looks to be on track and to add meaningful revenue at that point, while their core business remains firm. Backlog did dip from $700M to $650M, but the increase from December 07 to April 08 was so immense ($400M to $700M) this is predictable as this is still quite a small company with lumpy type of contract signings. This is over a year and a half worth of business and I expect more contract announcements over the next 6-9 months. But this is a market of 6-9 hours, if not 6-9 minutes so the stock most likely won't do much. All in all solid, but not enough to g...