Seeking Alpha

There's more downside ahead for MEMC Electronic (WFR -24%) after its latest quarterly miss,...

There's more downside ahead for MEMC Electronic (WFR -24%) after its latest quarterly miss, Wunderlich says: "We have serious reservations about the future of MEMC given that there is still a tremendous oversupply of polysilicon worldwide, its vertically integrated solar business has no barriers to entry, and the solar gold rush is over as subsidies and stimulus run out."
From other sites
Comments (5)
  • Jason Tillberg
    , contributor
    Comments (1258) | Send Message
     
    I think the next boom to solar will be that it'll act as a hedge on energy prices and that will itself justify the cost of having solar panels on your roof top.

     

    10 year bond at -2% interest or solar panels that lock in your electric rates for the next 25 years?
    10 May 2012, 02:27 PM Reply Like
  • John Naccarelli
    , contributor
    Comments (197) | Send Message
     
    i have serious doubts about the 'motivation' for this statement re WFR. This is called piling on and don't be shocked if he has a short position in the stock.
    10 May 2012, 03:15 PM Reply Like
  • chair66
    , contributor
    Comment (1) | Send Message
     
    I would certainly agree. Is this Wunderlich of Wunderlich Securities? If so, it would be interesting to know the short position the firm has for WFR.
    16 May 2012, 07:15 PM Reply Like
  • WPSPIKER
    , contributor
    Comments (1158) | Send Message
     
    seems odd (unless they are short the stock, or playing futures contracts hedging to downside.) The core of the company is not all solar cells as some would lead inexperienced people to believe. They are a big maker of chips in many forms not just poly-silicon which they could/maybe SHOULD cut off and abandon that part of the business to the Chinese manufactures such as (SOL) & (JASO)

     

    I have about 600 shares of (WFR) and may add some more to cost into the stock depending on next few days of trading.

     

    Mark
    10 May 2012, 07:41 PM Reply Like
  • Joe T. Kasben
    , contributor
    Comments (6) | Send Message
     
    getthenac, chair66 and WPSPIKER... thank you for "outing" the greedy "shorts"...
    23 May 2012, 01:27 PM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Tools
Find the right ETFs for your portfolio:
Seeking Alpha's new ETF Hub
ETF Investment Guide:
Table of Contents | One Page Summary
Read about different ETF Asset Classes:
ETF Selector