Zachary Scheidt

Want Solar Panels? China Will Pick Up the Tab

Rob - thanks for the first-hand view! I must admit I have never traveled to China but would welcome the opportunity. I'm not completely qualified to comment on the social issues in China except to say that I'm firmly of the opinion that free market economics opens opportunities for individuals and eventually leads to stronger economic situations. As China makes strides towards more open markets and free trade, I believe their economy will become even more competitive. There will certainly be bumps along the way, but over time, personal ingenuity and work ethic will propel any free market.

Thanks for the insights!
Zach
zachstocks.com

Want Solar Panels? China Will Pick Up the Tab

Thanks for the comments guys... Just a few notes:

DanD - The reason I didn't cover many of the US solar manufacturers is because this deal was announced in China. For whatever it is worth, I have looked at ESLR and up to this point they have not turned a profit. But that may be changing and the stock could be worth looking at now that they have started to turn. You may want to take a look at posts on ZachStocks that mention solar - here is a link: zachstocks.com/?s=solar

Road Runner - The release did not give many details and we definitely need to look into this. It seems clear this is a large undertaking, but it will take some time for the full picture to unwind. As for the political benefits China enjoys, I understand your argument but also am thankful to live in a free society where my property cannot be taken without due course. China can certainly move its population around at the government's direction, but that isn't necessarily always a good thing.

PeteK - I wonder if this "burnt twice" issue could be the wall of worry that helps this market to climb. When people are the most skeptical and all the weak hands have been flushed out, that can lead to powerful rallies. This is often why you see markets "test" important low points (thereby burning investors a second time) before sustainable bull markets. Just an observations.

Alpha247 - I'm not much of a conspiracy theorist. I suppose you may be able to find some market manipulation but I haven't seen any actual proof. The bottom line is that I think these stocks are moving up - and manipulation or not, there is strong potential to make investment gains in the coming months.

Good luck to all this week!
Zach
zachstocks.com