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First Solar (FSLR) is now off 14% premarket following last night's earnings. "It appears that...

First Solar (FSLR) is now off 14% premarket following last night's earnings. "It appears that the company is more willing to be aggressive on pricing than we thought ... there's a possibility that H2 financial performance is weaker than the first," says BAML, downgrading the stock to Sell.
Comments (1)
  • patb2324
    , contributor
    Comments (83) | Send Message
     
    I don't understand the reluctance for this technology to really take off. This has long term benefits to the home owner segment and needs to be focused more to that market now, I'd rather have a solar setup that acts as a supplement and alternative source of energy in a pinch, or as a primary if it was feasible than rely on a generator run on gasoline or diesel. We have the technology right here in this country and the means to test it and build it and put people to work. Even power companies like Excelon are putting a stake in it. What are the "forces" holding this back? Solar like all the other energy sources "must be" controlled by the existing monopolies. This will obviously continue their reign as older technologies fall out of favor or sources become too expensive to procure. These kings of energy obviously either have a stake in solar or are capable at any time to "get on the horse. For residential use I favor the aesthetic of solar panels rather than clunky windmills especially in urban settings. Wind power is great and needs to be used where it can be
    The government is behind it as they should be. It has all the benefits to the building and retrofitting contractors and needs to push through. The greedy JP Mprgans of the present world need to stop being the "Greedy Grimes" characters and start being more futuristic in their thinking. They can start moving on this and still look somewhat respectable nurturing their real greed motives and pushing forward a new frontier in energy. What's not to like? This country needs to lead a world Rennasance in energy renewal. Edison, and Tesla, Westinghouse etc have taken their places in history and served us well, and continue to. It's time for the next wave that our kids and grandkids can ride on. What are we waiting for?
    27 Feb 2013, 09:04 AM Reply Like
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