supershort

Goldman Turns Cautious on Solar Sector

Get over it. I have been saying this for months. You guys didn't see the writing on the wall. So you can only blame yourselves. I mean really, were you guys expecting an upgrade? Get real.

Has the Sun Set on Solar Energy Stocks?

The sun has set. Heavy selling on good news is sure sign this bubble's done. A few months ago, I was reiterating the flight of Icarus. How ironic and what an amazing story. Learn from it fellows.

Solar Energy: Help Is on the Way

Yep, with help like this, who needs any enemies.
SPWR and FSLR are clearly in bear market. Clearly. Heavy selling on good news is a sure sign the bubble has burst. SPWR is breaking through it's 10, 21, 50 and 200 day MA. FSLR formed a bear flag pattern yesterday. These will shoot down to reasonable p/e ratios. Look for them to lose at least 50% in the next two weeks.

Has the Sun Set on Solar Energy Stocks?

"Is SPWR becoming the Government main contractor for installing solar systems on Federal sites.
They just completed installing a solar electric system on top of the roof top for the Dept of Energy Federal Building in Washington D.C. Sun power has also installed solar system for other government agencies such as the US Navy in Hawaii and Calf, The US Postal Service, and Air Force bases.
They have under contract to build a Solar system at Kennedy Space center site.
The company has no debt and over the last 3 months insiders have purchased a net 56.0K shares. This is in stark contrast to the 2-year quarterly average where insiders are net sellers and indicates that insiders are more bullish about SPWR's prospects for the next 6-12 months.
They need no Gov tax incentives...The Gov is paying them for their solar systems. "

While the government is buying the panels, the administration will change and therefore they probably will lose their contracts. Usually happens in these cases.

Now where are you getting that the insiders have purchased shares? That is an out and out lie. They have been selling. Cypress sold 2.5 million shares.

Atkins, Shughar, Swanson, Richards, Wood and Werner have been selling just like Mozillo of countrywide. Does anyone else see the same thing going on here? You all remember Mozillo right? Just like the guys at Thornberg and Jack Yetiv and the other pumpers here.

Solar is a great idea, but these p/e's are way out of line. This one will be in the 20's by January.

Three Reasons Solar Sell-off May Be in Early Innings

YEp, still in the early stages. Although it is getting ugly.

Three Reasons Solar Sell-off May Be in Early Innings

No need to get mad longs. I told you guys this one was going to crash. It is. It will go further. Not that solar isn't a bad idea. It's great if it works more efficiently. I would hate to be long when cypress starts unloading. They are about to let out another 2.5 million shares. Dilution is not a good thing for a stock, especially one as risky as SPWR.

Three Reasons Solar Sell-off May Be in Early Innings

Peakoiler:

Surely you jest. You could not have possibly seen that in the television. "Hardened unfeeling eyes," "white faces" "no real humanity" "hollow shells without a conscious"....Your words speak volumes of the bigot and prejudicial person you are. I could have shown you the DNC and told you it was the RNC and you would have said the same.

As far as your landslide, I highly doubt it. Many NY voters, Hillary supporters, will cross the line or not vote. That is the feeling around here. NYC's last reelected Dem mayor was Koch and the Governor was Cuomo. If McCain would do a little campaining in NY he could take NY.

Three Reasons Solar Sell-off May Be in Early Innings

realistic guy: You have no clue about politics and what "America" wants. To call someone dumb or ignorant because they vote a certain way makes you the ignorant one as you are unable to see and evaluate the issues and make an informed choice. The liberals are scared and pissed off because Obama couldn't put his pride in check and put Hillary on the ticket, which was truly a no brainer as that would be the winning ticket. So McCain put a woman on the ticket smacks them all hard. McCain will win and America and the world will be better for it.

Three Reasons Solar Sell-off May Be in Early Innings

Spwr CEO must have been drinking at the solar power confrence in Valencia. He said that he expects the sales prices to drop 10-20%. Altogether now, say it together this one's going to crash and burn look out below.

In the Battle of Best Solar Plays, U.S. Is a Distant Second

"For a $6 billion company, $28.6 million net income is simply not enough to encourage investors. "

This statement is intentionally misleading. Since when is quarterly net income stated as a percentage of market capitalization ($6 billion)? Comparing quarterly net income relative to QUARTERLY GROSS REVENUES is the accepted accouting norm, unless one has an agenda.
Dislosure: Long SPWR

Not misleading at all. It is a way to gauge P/E ratios which SPWR has an absurd P/E ratio. Given that this last quarter was guided down, they beat their lowered guidance. They also are a heavy player in Europe because of the subsidies because they are more expensive than the Chinese counterparts. Since they have announced plans to start fabricating in China, to lower costs but as most things fabricated in China show, you get what you pay for, a cheaper inferior product. Why should this be any different?

As far as the "energy crisis" bubbleheads go. Oil can go to $500 a barrel as long as nat gas and coal remain stable, which they should as they are abundant in the US, thankfully, it should not have an impact on electricity costs, period. Grid parity in the US will probably never be reached because of this and it is for this reason, among others why solar will not be a major player in the energy sector in it's present form. If it can be much more efficient and cheaper, without taking up acres of land to power a handful of homes, then you have an argument for a long position on SPWR.

Given that the subsidies will be cut in Spain, and Germany is mulling reinstating nuclear power and cutting their subsidies, and there seems to be a push for wind, look for SPWR to be in the 20's by January 09.

Solar Shorts Keep On Rising Even As Oil Surprises

By the way SPWR has over 40% of it's shares short.

Solar Shorts Keep On Rising Even As Oil Surprises

Secmaven, after what has happened lately in the financials, there isn't much more to go down. SPWR is at 70 now and will probably be at 20 by years end. Solars have high P/E ratios, the insiders are selling their shares the same way the inside guys at IndyMac and Countrywide were selling theirs. The solars will be the next financials.

Cowen: 2009 Spanish Cap on Solars Unlikely to Become Law

Nuclear does have government subsidies but it is much more viable than solar, which is not a stand alone source. Nuclear is safe, powerful, eco friendly and is proven. If you have any doubts, look at most modern naval ships, they are nuclear powered, and they carry bombs also. Nuclear has a stigma that is unjustly applied to it. My "inside sources" at Entergy and Con Ed tell me they wish they could build more plants, but the regulation, taxes and the government control stifle profits. So the government for those subsidies, they make it back quickly and much more over the long term.

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 isn't it. Nuclear power will probably be it in the future. They probably will be able to work on a way to ensure that noone gets enough cars together to make a bomb. But they could do that now. Each auto carries a gas bomg in it now. We have to wake up to nuclear. It's clean but expensive. Subsidies should be thrown at this.

Solar Sector Plunges Right Along With Market

Unlike the little reporter on Thestreet.com, real experts, like Piper Jaffray send people to China, practically audit the company, and report as truthfully and accurately as possible, ethically, and responsibly let the public know what is going on.

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.