supershort

Rough Day for Solar Stocks

You guys long this stock don't get it. Here it is easy.
1. Solar is a great Idea if it was cheaper, a lot cheaper. It is not efficient and does not have grid parity and may never reach it given the conditions.
2. Cypress is selling their stake in SPWR. If it was "going to the moon" why would they divest themselves? Not to mention the insiders have been selling just like Mozillo was at Coutrywide and the guys at IndyMac. Intense heavy insider selling is never a good thing no matter how you slice it up.
4. We need cheap renewable. Wind, nuclear, and nat gas are all great sources.
5. THe styock trades at a high p/e ratio. Their own CEO warned about a decrease in prices in 2009. Decreasing prices are goood if thgere is a more expensive product there to replace it. The chip manufacturers always kept the entry level PC at 1K. THe next model was faster and more powerful for the same 1K although the older chips became less expensive and were therefore "lowered" the price of all chips, but the profit was in the most expensive chips. Solar panels are not incrteasing in efficuiency in that manner. They have to rely on external forces, ie higher nat gas and coal to reach grid parity and become more efficient and cheaper. Not the same economics.
4. Saving the planet has nothing to do with being green. Since the Ice Age, the earth has been warming. Even wonder why the large reptiles were able to roam the earth? They were cold blooded. They needed the earth to be warm. Once it cooled, they died. Simple as that. You don't need the retarded Al Gore to spell it out for yoou. Since then, the earth has tried to reach it's "true" climate, which is warmer than we are now. The only was to stop it is to shade the earth from the sun on a large scale, like a meteor strike, volcano or possibly a giant "shade satellite" that could shade the earth at times to help cool the air.

So don't hate the one who tries to bring reason to you. Consider the information, and never say you weren't given ample warning.