supershort

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.

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.

With Help from California, Solar Gets Fired Up

David, you are a big chearleader for SOL and STP. Sol is currently trading down, as their confrence call didn't bode too well for future margins. Inflation will hit the solar market hard also.

With Help from California, Solar Gets Fired Up

These plans are all contingent on a 30% tax credit and also building an adequate delivery grid. If you wish to rest your hard earned dollars on a pipe dream, by all means go ahead.

Solar cannot survive without subsidies and is a very inefficient way of making electricity. Wind, as a renewable is much better suited as unlike solar, can provide energy throughout the day. Solar don't work at night period. You need a back up supply, plain and simple. The tax credits for this should be reduced. As Alpha24/7 states, it takes money out of the poor and disadvantaged anyway. Energy will never be free. we won't be able to get off fossil fuels until our technology increases exponentially, which for solar hasn't happened.

With Help from California, Solar Gets Fired Up

These plans are all contingent on a 30% tax credit and also building an adequate delivery grid. If you wish to rest your hard earned dollars on a pipe dream, by all means go ahead.

Solar cannot survive without subsidies and is a very inefficient way of making electricity. Wind, as a renewable is much better suited as unlike solar, can provide energy throughout the day. Solar don't work at night period. You need a back up supply, plain and simple. The tax credits for this should be reduced. As Alpha24/7 states, it takes money out of the poor and disadvantaged anyway. Energy will never be free. we won't be able to get off fossil fuels until our technology increases exponentially, which for solar hasn't happened.

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.

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.

Which Solar Stocks Will Continue To Shine?

Getting your hands bloody guys? Circus performers catch knives, not traders.....So ask yourself who you wish to be.

Confessions of a Shallow Solar Trader

I guess this guy might be Yetiv. Short the solars, especially the China stocks. What an oxymoron, China Stocks.

Which Solar Stocks Will Continue To Shine?

fxtrader,

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?

Jack, although your intentions may be good, I am still out on this one....you are trying to catch a falling knife. The American companies have stupidly high P/E because they are AMERICAN stocks, not CHINA STOCKS which in itself is the biggest oxymoron there is. GEt out now fellows, SPWR will be in the teens by years end. The China solars will also take at least a 60-70 % hit when they go into recession just following the US later this year. Solar is a piece of our energy puzzle, but it is in no way the next "MSFT"

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.

Trina Solar: Best Value in the Solar Space

Jack,

Your calculations and analysis of these two companies may be for naught. How do you feel about the fact that these companies JASO and TSL are China companies. China is a communist country that clearly has no qualms about lying to their people and the world. They also subjugate their own people and will press their agenda, whatever it is, hard handidly. How can you trust the earnings comming out of there, when even in the US with all our checks and balances, have had unscrupulous corporate executives?

China stocks is an oxymoron.

Also, their currency is pegged. How do you account for any change in what they may peg their currency to next? I hear they may peg it to the Barney's purple microdust next......So then how will your chart look like then?

I do however agree with your assessment of FSLR and SPWR. Overvalued.

Solar Stocks Continue to Roll

They sure are on a roll...they are about to roll over.

Solar Stocks Show Signs of Life

Thanks kkin365. I am still adding puts to my short position. I am fortunate that the stock can still run up a bit more before I start getting a fed or margin call, so for now I am hanging in and looking forward to the next miss of their earnings on April 17th. They missed in January and with the huge jump in jobless claims 407,000, and the retailers going to be hurting, I can't possibly see the retailers going forward with their plans, as was announced by Macy's. They may start to consider closing stores, so why would they invest a tremendous amout of money if they may close/sell stores.
As far as China and the article:www.nytimes.com/2008/0...

Yep, I am eight thousand percent sure they follow standard accepted accounting principles for their government companies. Who are their accountants...Hou, Wi, Foo, Kum & Hasol?