March 11, 2009 ndash; Analyst Comments ndash; Global Hunterrsquo;s Justin Cable weighed in on Altair Nano (Nasdaq:ALTI) and Real Goods Solar (Nasdaq:RSOL) this afternoon, reiterating a SELL recommendation on Altair and a NEUTRAL rating on Real Goods. Altair reported FY08 revenues of $5.7 million, down from $9.1 million for FY07, and a net loss of $29.1 million, or $0.34 per share, compared to a net loss of $31.5 million, or $0.45 per share. Cash and cash equivalents as of December 31, 2008 were $28.1 million, and management expects to maintain a burn at about $1.62 per month going forward, which should take the company into the first half of 2010. Altair Takeaways: middot;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp; With Q4 revenues were under $1 million and net losses which were $6 million, Cable noted surprise at the fact that Altairrsquo;s market cap is still $60 million; middot;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp; Cable noted that there is some blue sky ...

November 7, 2008 – Analyst Notes – Global Hunter’s Justin Cable issued the comments on Akeena Solar (Nasdaq:AKNS), maintaining his NEUTRAL stance and lowering his price target to $2.50 from $5.00 and Altair Nanotechnologies (Nasdaq:ALTI), maintaining his SELL rating and lowing his price target to $1.00 from $1.50. Here are his takeaways: Akeena ·         Q3 revenues beat by 15% ·         Net loss for quarter larger than expected ·         Gross margin was 12.7% vs. estimated 17% ·         Increase in debt ·         Increase in backlog ·         Installed 1,290kw in quarter versus 854 in prior quarter ·         Higher inventory ·         Guidance maintained by management – 30% to 40% revenue growth for FY08 and EBITDAS breakeven in second half of FY2009 Altair ·         Revenues still minimal ·         Significant losses continue ·         Cash of $33.7 million ·         Yet to see material orders We think Cable’s assessments on both companies is right on. In fact, we would probably be more conservative, and assume a forward ...