Satcon : SATC - NASDAQ $4.74 (www.satcon.com)
Global inverter market continues to consolidate, North America Utility scale to take off in 2011
SATC #1 supplier of utility scale inverters in USA & Canada
Revenues exploding Q3 2010 up 480% to $58million, Q4 2010 expected to be 70-75$million setting a platform for 2011 growth
Backlog stands at $132, recently financed. Strongest presence in Ontario for utility scale inverters, which is set to be one the fastest growing solar power industries globally in 2011
Speculation that first solar looking at SMA buyout, Xantrax bought out by Schneider Electric. PVP Power bought out by AES. Global companies buying inverter companies for XXX premium to advance presence in the industry.
MDB Capital has SATC as a top pick and KonLin advisory featured SATC with an upside of $8.50