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Hoku and Solargiga Sign $455 Million Polysilicon Supply Contract POCATELLO, ID and HONG KONG -- (Marketwire) -- 09/04/08 -- Hoku Materials, Inc., a wholly owned subsidiary of Hoku Scientific, Inc. (NASDAQ: HOKU) established to manufacture and sell polysilicon for the solar market, and Wealthy Rise International, Ltd., a wholly owned subsidiary of Solargiga Energy Holdings, Ltd.

This morning we are getting back into HOKU. We feel the chart could be ready for a move higher this morning: Visit TheSUBWAY's Blog Here: http://stock-promoter.thesubway.com/thesubway-clients/hoku-sc...

Today's Pick of the Day is HOKU. TheSUBWAY Blog: http://stock-promoter.thesubway.com/investment-opinions/hoku-... We got into HOKU earlier this week, you can see our previous analysis here: http://stock-promoter.thesubway.com/thesubway-clients/hoku-is...

PR: wait... I: wait... L: wait... LD: wait... I: wait... wait... C: wait... SD: wait...

We are sticking with yesterday's Pick of the Day, which closed up over 4.5% and is up today again. A really BULLISH sign is that institutional buying has just come into HOKU yesterday: http://stock-promoter.thesubway.com/thesubway-clients/hoku-is...

The daily haste forces us to lose time, but not only on important problems, but also on searching of the necessary things. For example, car keys or cell phones and remote controls are the things that we tend to lose all the time. New unusual gadget will remind you that your keys are not with you.

We sold our position this afternoon as it looks to us like the run in BLDP is getting tired and is ready for a pullback: We are seeing a bearish candlestick Hanging Man (Tail twice as long as the body - Reversal Technical Indicator - Look for CONFIRMATION on following day):

PR: wait... I: wait... L: wait... LD: wait... I: wait... wait... C: wait... SD: wait...

This morning we are looking at BLDP. It is above the 25, 50 & 200 day moving averages. The Stochastics in the above chart are showing an overbought condition, but our longer term Stochastic indicator is showing BLDP to be in an uptrend: Our Phil’s X2 chart is also showing

As a much needed product, and being favored by most law enforcement, with new innovative products being introduced on a fairly regular basis; I'm of the opinion that when the naked shorts are straightened out, this stock will be like "The Sky's The Limit" As it stands now, there are extremely few people who are not familiar with the product and its name could almost be a household word.