CybeRelease: Alternative Energy Sector Plugs in Big Gains
(CybeRelease, April 12, 2006) - Lake Harmony, PA - WSTRP Power Plays - Norilsk Nickel, the world’s largest producer of nickel and palladium, electrified followers of alternative energy stocks by investing, announced by Plug Power Inc (NASDAQ: PLUG) to be, a total of $217 million cash from the Russian firm. Share price and volume of Plug skyrocketed on the investment news, to close at $5.98, up 1.10 (+22.54%) on 28,551,249 shares.
The announcement continues to keep companies in this sector in the spotlight and helped to lift the sector. Neah Power Systems Inc (OTC: NPWS) closed at $1.29, up 0.24 (+22.86%) on 352,771 shares. Fuelcell Energy Inc (NASDAQ: FCEL) at $11.51, up 0.46 (+4.16%) on 825,825 shares. Ballard Power (NASDAQ: BLDP) at $7.62, up 0.13 (+1.74%) on 792,840 shares. Hoku Scientific (NASDAQ: HOKU) at $5.9999, up 0.0699 (+1.18%) on 333,038 shares. Medis Technologies Ltd (NASDAQ: MDTL) at $21.78, up 0.01 (+0.05%) on 268,148 shares.
NEAH Power, based in Bothell, Washington, is the most recent addition to the public market and looks like a tremendous value play. It also has a notable investor list, which includes Intel Capital, Intel’s (NASDAQ: INTC) strategic investment program, Frazier Technology Ventures, Alta Partners, Castile Ventures and WestAm, the global investment management arm of Germany’s fourth largest bank, by assets, WestLB AG.
For more information, go to http://www.CybeRelease.com/wstrp41206.htm
CybeRelease Gainers are Spherix Incorporated (Nasdaq: SPEX), InPhonic, Inc. (Nasdaq: INPC), Columbia Sportswear Company (Nasdaq: COLM), etrials Worldwide, Inc. (Nasdaq: ETWC) and Secure Computing Corporation (Nasdaq: SCUR).
CybeRelease Decliners are Authentidate Holding Corp. (Nasdaq: ADAT), CAS Medical Systems, Inc. (Nasdaq: CASM), Micro Linear Corporation (Nasdaq: MLIN), Fuel-Tech, N.V. (Nasdaq: FTEK) and SciClone Pharmaceuticals, Inc. (Nasdaq: SCLN).
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