Out Fox The $treet

Staggering Credit growth from China as reported by Money Matters in this Seeking Alpha report . A major force for the loan growth, is the economic stimulus plan approved in November that allowed for 30% government funding on infrastructure projects. Hmm... maybe the US should've done something like this. Instead of giving away money to pork projects of specific Congressmen maybe they could've given an incentive to implement valid projects at a discount. The amazing growth in lending has lead to economists actually raising the growth rate for 2009. Now that is shocking and not widely reported in the media. The stock market has been strong lately and such indexes as the BDI have surged off lows. Oddly though, stocks listed on US exchanges such as BIDU, APWR, and FMCN are still hanging around recent lows. While more infrastructure related US stocks such as NUE and SGR have seen big jumps. Based on the lending stats, I'd expect all these stocks to see pick up in demand. Either...

A-Power (APWR) posts what has to be one of the worst warnings I've ever seen. They wait until nearly the last day of the Q to issue a release saying that revenue will be 50% less then expected. This from a company that still have a lot of believers thinking they were isolated from issues and might possibly make the Qs numbers. In reality, the reported numbers aren't that bad compared to the stock price, but whats really confounding is the reasoning. What contracts were postponed? And which ones could've generated $80M in revenue by being signed during the last week of the quarter? Potentially some of the wind customers could generate that level of revenue because the power customers couldn't just be counted as revenue until parts of the project are completed. This stock will be in the penalty box for awhile. They still have a compelling story, but until they do a much better job of handling the Street it'll have a difficult time moving. They do have a good balance s...