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Solar stocks aren't joining in on today's rally, as leading names continue moving lower...

Solar stocks aren't joining in on today's rally, as leading names continue moving lower following yesterday's news of a toxic chemical leak at a JinkoSolar (JKS -4.6%) plant. TSL -7.5%. CSIQ -5.4%. FSLR -3.1%. YGE -5.3%. STP -6.2%. SOL -6.4%. GTAT -5.2%.
Comments (9)
  • phoneranger
    , contributor
    Comments (350) | Send Message
     
    We put up some charts yesterday showing big owners (and losers) in the solar space. http://bit.ly/mUzcN6
    20 Sep 2011, 11:44 AM Reply Like
  • enigmaman
    , contributor
    Comments (2686) | Send Message
     
    And here I thought it was the 20 billion of OUR MONEY the admin invested in the solar industry creating jobs at a cost of 5 million per that caused investors to doubt its long term viability of solar as an alternative to fossil fuels, but it was as a TOXIC chemical leak, how ironic, Oh and also the 535 Million the admin invested in the Solyndra fiasco
    20 Sep 2011, 11:48 AM Reply Like
  • Swass
    , contributor
    Comments (419) | Send Message
     
    No worries. Toxic chemical leaks are fine as long as it is for green energy. EPA will look the other way.
    20 Sep 2011, 11:56 AM Reply Like
  • Mad_Max_A_Million
    , contributor
    Comments (1175) | Send Message
     
    "Oh and also the 535 Million the admin invested in the Solyndra fiasco "
    Invested?

     

    Wasn't that part of the great 2008, Obama, Reid, Pelousi, Democrat-Owned Congress, Free for all, Giveaway Program?

     

    Man, is that going to backfire.
    20 Sep 2011, 12:01 PM Reply Like
  • enigmaman
    , contributor
    Comments (2686) | Send Message
     
    Forgot to ask, does anybody know where I can apply for one of those high paying green solar jobs, and because Im want to do my share saving tax payers money I will settle for 2.5 million per year.
    20 Sep 2011, 03:20 PM Reply Like
  • Tack
    , contributor
    Comments (12768) | Send Message
     
    Solar stocks are just like the reams of stem-cell biotec stocks we saw in that brief mania. It's all about hype, not reality, and hype always dies a hard death, especially for the true believers.
    20 Sep 2011, 12:00 PM Reply Like
  • Hubert Biagi
    , contributor
    Comments (689) | Send Message
     
    "Clean" energy is only clean because it is outsourced overseas. In reality, manufacturing EVs, PVs, batteries, lightweight materials, etc., all involve highly toxic processes. I doubt the total, lifetime carbon and pollution footprint of an EV vehicle is any better than a standard vehicle, after you factor in these manufacturing processes.
    20 Sep 2011, 01:43 PM Reply Like
  • Chris Lau
    , contributor
    Comments (1585) | Send Message
     
    Hubert Biagi,
    If "clean" energy is really as polluted as you say it is in the manufacturing process, U.S. solar companies can be in really big trouble.

     

    First is trend: "green" won't be cool if it's poluting.

     

    Second, gov't will be weary of subsidising if people don't support it (never mind the the current 500M story that will intensify)

     

    Third, Chinese-based companies may still be able to produce and dump. One company happen to get caught.The spill does shows that the local people will not tolerate, so maybe this will be a plus for FSLR.
    20 Sep 2011, 07:59 PM Reply Like
  • Bill Swiggart
    , contributor
    Comments (151) | Send Message
     
    Despite all the piling on in the wake of the US gov't's solar fiasco, the photovoltaic industry is not a flash in the pan. It will be here forever, and the continually dropping cell costs enabled by GTAT's highly cost effective production technologies should help bring it to full viability within the next five years. Jinko Solar is not a GTAT customer, and today should be a great buying opportunity.
    21 Sep 2011, 09:05 AM Reply Like
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