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The entire solar sector is taking a beating from First Solar's (FSLR -18.6%) woes and a string...
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Thursday, August 30, 2012, 4:00 PM ETThe entire solar sector is taking a beating from First Solar's (FSLR -18.6%) woes and a string of weak earnings reports from China Sunergy (CSUN -7.5%), JA Solar (JASO -1%) and Yingli Green (YGE -10.8%). ThinkEquity cuts YGE to Sell based on “persistent losses," setting a price target of $1; Maxim warns of a "mounting” cash drain and net debt that “has reached dangerous heights."
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bloomberg was heralding today how low prices are; obama pandering to limo liberals who guzzle energy like no other and then preach to "others" to conserve
its also part of the plan to smash the middle class and force them into dependency
These flaws add up to uneconomic power which government must subsidize with scarce, reluctant taxpayer funds: Bad Economics!!