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supershort
114 Comments
Sell and Short Recommendations for a Bearish Market
You got in when the market was in it's heyday. I have been in about 15 years and I can wholeheartedly say I have made much more money shorting than going long. It is quite easy. i have shorted almost eevery company even goog, and appl, although these will test your nerves, but it has made me a better trader. There is nothing buy and hold anymore as I have plently of intl, csco, ge and others long that have done nothing. As a matter fo fact every long position is down, but my shorts, I have a 67% correct ratio and am up 24% for 2007 and so far up another 30% this year. It is much easier to pick the dogs than to pick the winners. It may take a year for a stock to double but only one earnings miss for it to lose 20% in a day. JBHT will be the next one to fall on Monday evening after they release their earnings. So Why should I rack my brains to figure out who has been able to lie and hide when you can see that the JBHT with a rich P/E, rising costs and an ecomomic slowdown has to report a bad quarter or at least guide down. They missed last quarter but reaffirmed guidance, but they didn't take into account 145 oil. These guys will have to guide lower, unless they out and out lie. So why can't I make some money shorting? If the economy was booming and oil was falling, hell I would be the first one going long.
Cowen: 2009 Spanish Cap on Solars Unlikely to Become Law
As far as Spain, you are dead on. Socialist governments will never have the growth that capitalism affords. There will never be the common joe putting panels on their homes because they wish to save the world. They are looking for the next handout.
Cowen: 2009 Spanish Cap on Solars Unlikely to Become Law
Solar Sector Plunges Right Along With Market
Furthermore, Zacks reports on what a multitude of analysts carefully have found out about a company. In SOL they found out it is a great investment.
Investors Business Daily has a computer program that has no reason to lie about a company. It is a computer. IBD simply reports the profit exponential growth and compares it to 25,000 or so other companies in the world. IBD's computer report of course tells us other additional information, accurately about the company. IBD is another great source, in June proving SOL the 4th best company in the world to invest in.
If you follow stock accumulator, that's what you will be a dead dog stock accumulator. Where to begin..........First of all, No company, entity, nor analyst has been given an accurate insight into a China company. China stock is the biggest oxymoron there is. The government controls these companies, they have a pegged currency and don't hesitate not even for a split second to lie, subjugate, opress and with violence if needed to apply their will. You can never ever believe anything that comes out of China, much less a company's fundamentals. But the pegged currency and their propensity to price fix should be enough to drive anyone away. I am a shorter, and believe I would love to short these companies, but they issue lies as much as Obama Hussein changes his platform.
Following IBD is like following ywo week old news. There is nothing new or explosive there. If you use IBD, it's good for a 2-3% gain at best for most stocks. Every once in a blue moon they get a "winner" but so do gamblers. If you are a gambler, then by all means wait for that one payout while the majority will be losers.
Zacks is another dubious "rater" Most of their picks don't work out. Their accuracy is also dismal. So using is worse than using IBD, because they are almost always wrong with their calls.
The fundamentals are this guys and gals. These solar companies had a vision, just like the housing boom in the 70's and subsequent stag-flation (looks familiar doesn't it) that everyone would install these panels at rediculous prices because the economy was burning hot along. That isn't going to materialize, because alas, the suckers that put in these sytems see that the returns and savings are not what's expected. Did anyone look into solar panels for their house? That is the real test. Well I did about a year ago. The jerks wanted over 100K for a system that would still need standard electricity backup. I can afford this even without the subsides. But I evaluated this on it's own merits and came to the conclusion that it just isn't worth it. Well I am not the sharpest tack in the box, but noone has ever taken me for a fool, but this solar is just plain fool's gold.
Cowen: 2009 Spanish Cap on Solars Unlikely to Become Law
This is the most telling sign. With the slowdown in the world economies, more people out of work, a socialist government such as Spain does not want workers, nor do they encourage work. They encourage free loading off the government. So in order for the party to placate and please the masses that voted for them, they need to increase the welfare and socialist programs, not solar. So look for deeper cuts in the future.
Buying Green Energy Stocks Into The Elections
I am a more of a conservative libertarian, if that can exist. Respectr and honor the Constitution, less government and economic stimulation through education and intelligence and hard work of the people. Stop with the handouts and every group claiming they are victims. There are no victims in the USA.
Buying Green Energy Stocks Into The Elections
I am a more of a conservative libertarian, if that can exist. Respectr and honor the Constitution, less government and economic stimulation through education and intelligence and hard work of the people. Stop with the handouts and every group claiming they are victims. There are no victims in the USA.
Buying Green Energy Stocks Into The Elections
I am a more of a conservative libertarian, if that can exist. Respectr and honor the Constitution, less government and economic stimulation through education and intelligence and hard work of the people. Stop with the handouts and every group claiming they are victims. There are no victims in the USA.
Solar Stocks Feeling the Heat
What does global warming, even if there is something we could do about it, have anything to do with making a bad investment? You guys have been saying that these stocks are going to the moon, when they have gone down. I have been right on with my assessments and Jack Yetiv, although he appears to be smart has led you all to lose money.
Global warming is not an absolute. The world is getting warmenr but it has been going on since the last ice age. We have not caused this. Can we stop it or reverse it? Not with solar panels of all things. How about limiting the amount of sunlight hitting the earth, causing a decrease in temperatures, just like when St. Helens erupted?
Jack, I have told you before, you know nothing about Italian politics and their economy. Italy is in no way poised to become the savior of solar, much less TSL, a China company with a pegged currency and on the verge of a total meltdown of their economy. Both my parents, uncles, aunts, and friends have land in Italy. My brother in law looked into leasing the land for solar panels. Well he has some fig trees, and other trees deemed by the environmental agency that they are not to be destroyed. So no solar panels there. My parents had people steal trees from their property and they investigated us that they thought we had chopped the trees down ourselves, which we did not and had no idea who did. The Italian economy has been at a standstill for some years. My two cousins who are physicians, had to wait years after graduation before they were placed at jobs, and not their choices. Both in other cities away from their families. So even though there may be interest in Italy, it will not make up for the cuts in Germany and Spain. Besides, the P/E ratios have priced in increases in panel use, when the trend is clearly that they will be using less than expected.
I am concerned about the environmnet. I limit my use of fuel everyday and try to conserve, recycle, and buy eco friendly products. That is one of the main reasons I get a knot in my stomach when I see "MADE IN CHINA" as tehy are the most eco destructive country out there, and yet Jack touts one of their stocks as being the global warming savior.
Buying Green Energy Stocks Into The Elections
As far as Obama's platform and as traders you all should know this. He wishes to raise the capital gains tax substantially. This is bad for EVERONE poor and wealthy alike. The guy working a civil service job just above the poverty level has stocks in his union pension fund. He just doesn't see the connection. So, in a few years when he plans to retire, his pension will be greatly reduced and social security may not be there to boot. So it will be the poor who will get poorer by these lying, unAmerican, tax and spend liberals, plain and simple. A vote for Obama is a vote to beguile and abuse the poor.
Solar Stocks Feeling the Heat
Spain has subsidized electricity consumption in general (not just solar) for more then 10 years now. Just to pay back government debt in 15 years would mean grid prices will have to increase by at least 35%.
Spanish consumers are not stupid: the net effect is zero and the solar market in Spain will stay strong, especially as solar silicon prices come down and the entire mediterranean will reach grid parity.
(disclosure: long CSIQ)
Where to begin......The poor were never figured into the equation, as everyone knew that they would never buy panels. The growth and absurd P/E ratios were driven by the ramblings of Gore and the greenies. Also, we were in a housing boom where we thought that the whole world would become millionaires, through housing and the way the economies were growing. Well we all know where we stand now in that respect. The only thing that was left is these subsidies. Well, finally the governments have realized that the ROI and grid parity for these panels will never be reached in their present states, so the subsidies will be cut. So what is to hold these stocks up? Nothing, jujst don't be the last one holding the bag.
Which Solar Stocks Will Continue To Shine?
Confessions of a Shallow Solar Trader
Which Solar Stocks Will Continue To Shine?
yes, China will also go into a recession. If you truly were a "forex" and or currency trader as your name implies, you would understand that China is in big trouble with their currency. It is pegged, and the government will not allow it to trade as it should, in a free market. The other nagging issue is their inflation and their attemots to price freeze. They will not allow fuel and other commodities, and raw goods to be sold in a free market. They have price capped many things, to insure that they complete their buildup for the olympics. They have runaway inflation that all the price capping they are doing now will be unsustainable, especially in light of the slowdown in the US and EU. So yes, after the olympics, China will be in a recession.
Also, if you think they can lose "another 20-30% as you say, why would you buy anything long at this point. You do not make any sense. If there is a 30% drop in a stock, you would need a move to the upside of just about 42% to break out even. You have a better shot at winning the lottery than consistently picking stocks that go up 42%. How about shooting for an 8-10% gain shorting them now? That is the smart investment, not this pumping.
Which Solar Stocks Will Continue To Shine?
On another note, how can you keep sceaming "buy buy buy" when the stock is losing 6-7% a day? It is going down for a reason, and it isn't a "screaming buy" at 40 or 35 especially if you bought it in the 50's. That is a 30% loss in my book and you my friend are no trader with a recomendation like that.
I am shorting every solar, mostly with puts as there aren't any more shares available to short (etrade) but I still held my core 2000 shares of SPWR that has come into the money again and I will ride this one dfown for the next 2 years.
So far my rec's are doing better than yours my friend, and anyone listening to this hogwash to go long will lose their shirts.