Shares in Solar Penny Stock Westinghouse Solar, Inc. (NASDAQ: WEST) have been pummeled by the 2011 drop in confidence in the solar sector and the more recent Thailand flooding which damaged the factories where WEST manufactures solar power systems. Thin trading has been consistent in the once dominating solar energy stock which topped $20.00 per share less than a year ago.
However, WEST has been consistently trading higher than $0.64 since it hit $0.84 three weeks ago with anticipation of the company’s Q4 and Year End Financial results due out Thursday this week. Westinghouse Solar, the pioneer of integrating the racking, wiring and grounding directly into the solar panel concept, closed Friday at $0.78, up 1.30% (+0.01). WEST is trading -96.10% below its 52-week high of $20.00, 1.30% above its 52-week low of $0.77.WEST is up exactly 100.00% since December 23, 2011.
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