Solar panel maker Emcore (EMKR) trades down in the post-session after its Q4 EPS losses were...


Solar panel maker Emcore (EMKR) trades down in the post-session after its Q4 EPS losses were much deeper than anticipated. Losses widened as its operations were curtailed by the flooding in Thailand during October, with the company noting the manufacturing infrastructure that supports roughly half of its fiber-optics segment revenue was heavily damaged. Shares -5.2% AH.

Comments (4)
  • Matthew Davis
    , contributor
    Comments (4746) | Send Message
     
    Solar bubble popped, but why didn't investors see this? Solar has NEVER been a viable form of energy on a large scale. It might be good to power your water heater, but it holds no potential beyond that.
    27 Dec 2011, 11:05 PM Reply Like
  • 1980XLS-2.0
    , contributor
    Comments (528) | Send Message
     
    madav1138,

     

    It's good for cronies to get tax breaks and subsidies, too!

     

    Works for buying votes under the "Green Jobs" label as well.
    28 Dec 2011, 12:38 AM Reply Like
  • Matthew Davis
    , contributor
    Comments (4746) | Send Message
     
    What I don't understand is, how can you bank on that vote when it doesn't represent a fraction of the minority?
    29 Dec 2011, 08:59 AM Reply Like
  • 1980XLS-2.0
    , contributor
    Comments (528) | Send Message
     
    That vote come from many places beyond those involved in an individual company such as Solyndra.

     

    Entire labor unions, and the Environmental lobby, citing just a couple examples.

     

    Throw in some complex tax breaks/subsidies/credits, and things get even more interesting. Just wait till Carbon taxing/trading gets added to the mix.

     

    Sadly such shenanigans stop productive industry, the Keystone Pipeline. Stall tactics by Obama being an example.
    29 Dec 2011, 09:17 AM Reply Like
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