sltd

Progress for Solar 3d (SLTD)

Today SLTD cam through with an update in their prototype after having being down 17% yesterday. This update today was very helpful and we closed 15% in the green. I have pasted below the report than came out today with the update of the testing phase.

 

Solar3D Third Generation Prototype Enters Testing Phase

The Company Begins Optimizing the Elements of Its Breakthrough Solar Cell Technology to Maximize Power Output

SANTA BARBARA, CA–(Marketwired – Feb 12, 2014) – Solar3D, Inc. (OTCQB: SLTD), the developer of a breakthrough 3-dimensional solar cell technology to maximize the conversion of sunlight into electricity, today commented on the detailed optimization of the elements of the third prototype of its next generation technology.

“It is very exciting to enter the final phase of the fabrication of third generation prototype of our powerful new solar cell,” said Jim Nelson, CEO of Solar3D. “This effort has taken more time than our previous two prototypes because we are combining all the research and experimentation that we have utilized so far to create the best possible version of our technology. This final testing phase will assure that each element of the cell will be optimized to produce the maximum power.”

The company’s technology team anticipates that its third generation prototype will be less expensive to manufacture and result in more powerful performance than the previous versions. The initial 2012 prototype design was calculated to produce just over 25% efficiency, the highest of any silicon solar cell. Even more important was an originally unanticipated feature — wide-angle light collection — allowing for the generation of electricity throughout more times of the days and seasons. This feature increases the length of time during which light can be effectively converted into electricity, relative to current technology. Current technology is most effective for a few hours in the middle of the day.

Changwan Son, Director of Technology, commented, “It is a complex process to get all of the elements to work together perfectly. But once we have refined the process, we believe that the Solar3D Cell can be produced using high-speed manufacturing processes in existing facilities that will replicate the harmony of the elements. By combining low cost manufacturing and high conversion efficiency, we hope to make solar power affordable for a variety of applications.”

Nelson concluded, “This is the ultimate mission of Solar3D: to provide affordable solar power to the world. We are getting closer to having a Solar3D Cell that will allow us to accomplish our mission. It is exciting to see that light at the end of our tunnel.”

http://online.wsj.com/article/PR-CO-20140212-905782.html

Today’s Market

There will always be up and down days in the market, but sometimes the down days hurt just a little bit just like the up days feel pretty good. To be a trader or an investor you can not lose your head and sell just because you are down some money. If you let your emotions take hold of the way you invest you will find yourself buying high and selling low much more than you will be comfortable with. I may have lost a little bit today, but I plan to keep a long term view and not sell until I reach my PT. I think SLTD will rebound and hit .16 soon than later. The update on the sun panel prototype in due soon, and I expect KNDI to rebound as well and hit $15 soon.

Solar 3d (SLTD)

Solar 3d is one of my new favorite companies I have invested in, and as of right now is the biggest portion of my portfolio. They are in the late stages of perfecting a prototype solar panel that is concave and can soak up more sun light than anything else on the market. They recently acquired SunWorks which is an installation company. If they commercialize their product this year they could get a massive jump in PPS. My short term PT is $0.20 and long term seeing it hitting$1.00 after commercialization.