I don't have details so if anyone has access to this I'd be interested in reading the reasoning/research - since it's a small cap company there is very little coverage. I'd like to take credit for it with my article on Pickens yesterday but apparently it's an upgrade from firm Broadpoint Capital.Broadpoint Capital upgrades Fuel Systems Solutions (Nasdaq: FSYS) from Neutral to Buy with a $36 price target.I truly believe we have the correct stocks - we just have such an awful market, they are not able to show their colors. It's a shame the rest of the economy is in such shambles.[Jul 2: Buying Fuel Systems Solutions (FSYS) for the 3rd Piece of my Alternative Energy Basket]Long Fuel Systems Solutions in fund and personal account ...

Our current #1 position reports tomorrow AM; usually my methodology is to cut back on all positions ahead of earnings but due to the severe undervaluation in this name, I am keeping my entire stake going into the cattle call tomorrow. I'm not sure if this quarter will be "the one" or it will happen next quarter, but the current $3.14 EPS 2008 analyst estimate I find to be completely beatable, in fact by a large margin. I am hoping guidance tomorrow better reflects that. But even at the "$3.14" we have a forward P/E ratio of under 15 for a company growing well over 100% this year, and should be able to grow >50% for the next few years. At the $4.00 or so I believe it can achieve this year in EPS its trading under 12.Most peers trade at forward P/e ...

Looks like the "fertilizer correction" is over. Adding to all 3 of my names on their bounces off support; actually like the Potash (POT) chart the best here, but they all move together. I love this market. Uncle Ben has apparently created so much money, but none of it goes to people who need it out on Main Street. Instead it is flooding Wall Street pushing up equities (along with commodities) :) Kind of perverted but we all thank Uncle Ben as investors, as we curse him at the grocery aisle. $122 oil? No problem. That only affects US consumers - stocks are independent of the "little people". (X amount of stock) versus (Y amount of money supply x 20% annual growth rate) = prices go up. Economics 101. Equities are simply another commodity at this point, it appears. Every other commodity is going ballistic ...