Alan Young

Smart DOE Battery Manufacturing Grants and Dilution for Dummies

John, this is your best article yet: the explanation of how different stakeholders view dilution is a great contribution.

Your warning about valuation is well taken. However, when it comes to government grants, "cool" and "emerging" might very well turn out to be selling points—depending on the attitude of the granting agency. If I could buy the whole sector with an ETF to cast a broad net for the subsidy benefits, I would do so.

Advanced Nonsense: The Politics of Alternative Energy

First, this article is way, WAY too long.
Second, citing the existence of propaganda on one side of an argument does not constitute evidence for the other side.
You lost me when you attributed to "Carl" Marx (!) a phrase usually attributed to Lenin, as if there were no difference in intellectual intent between the two.

The Heart of Cleantech Sells at 50% Discount to the Broader Market

Thanks for the reply, John. I think that gives us a better perspective. I'll take those 5 (or at least one); you can keep the 9 that are unprofitable.
In a season when analysts are slashing estimates by 40-60% all over the place, forward PEs are meaningless.


On Dec 11 11:09 AM John Petersen wrote:

> Aalan, the PE ratios (for the 5 of 14 companies that have them) are:
>

The Heart of Cleantech Sells at 50% Discount to the Broader Market

I'm a cleantech fan, in principle, but.... How many of these companies were earning their price 9 months ago? If you calculate the "discount" by P/E ratios rather than by decline from 200DMA, I bet there's not much of a discount at all.