Adam Axler

How Much are You Willing to Pay for First Solar's Growth?

Wow, we better watch it UC before we get kicked off of SA. There's not much room here for cohesive arguments.

How Much are You Willing to Pay for First Solar's Growth?

Thank your for some skepticism and fair disclosure on this stock. I think it's hilarious how few alt energy articles/posts came out today because the pumpers have nothing to say when FSLR goes down 10%. If they had true conviction, they would be telling us to buy on this extraordinary dip. FSLR has had a great run and you got in at an excellent time. I guess they're waiting for CNBC to tell them it's okay before the post again.

Is the Sun Shining on Solar?

Wow, you made out better than I did using 07' P/Es for your article!
seekingalpha.com/artic...

"Firstly, you have governmental support. Next, you have improving technology, which is reducing costs to create solar electrons. And finally, you have venture money, which is pouring into the market."

All 3 components of a bubbling sector as per itulip.

Those Bubbling Solar Stocks

Larsson, if you read my own website, 4/19, you'll see I question whether a time frame for the bubble to burst out to 2010 may not even be reasonable. I even recommend perhaps buying TAN and MOO/DBA in the short-term may provide opportunity to make money on both ends. I certainly didn't imply shorting the basket immediately. But to not include a stock such as FSLR, with its $250 gain in a year's time, I think would be negligent as well.

Adam

Further Musings on Solar Stocks

Jack, appreciate your open analysis including potential pitfalls and overvaluing of a fledgeling industry. My article today was based much more on a momentum/sustainabilit... argument. Your technical analysis of these companies is excellent.

Those Bubbling Solar Stocks

For full disclosure, I don't own any of these stocks/ETFs short or long. As Jack said, it certainly wasn't my intention to mislead, only to inform that these stocks have had a meteoric rise which I think is unsustainable across the board.

I posted my data source. If you would like to use more forward looking data, feel free. But again, as Tim wrote, those are merely projections.

Larsson, clearly you are long this basket. Have you seen the performance of the Chinese stock market this year? Ouch for you. As far as the inevitability of green energy, the inevitability of the internet was clear as well. Not every dot.com made it, did they?

Adam