Van Gastel

The Sweet Smell of Solar Values

Great tip on Systaic. What a lovely company, even though car roof solar systems are a bit "science fiction" at this moment, with this company you get these "Robinsons" for free. They are also the frontrunners in the consolidation wave going on in Germany. Come out of a recession in as great a shape as they are, only leaves one wonder what's ahead. Technically the picture is great for a big jump within days or weeks.

Want Solar Panels? China Will Pick Up the Tab

You can talk this up as much you like, there are no details, no timing. The report is too good to be true, it doesn't even make much economic or environmental sense, so it will turn out to be just that. It almost looks like "the plan" is only intended to make the solar companies fat, to create this shareprice runup. Now it's just waiting for who is going to head for the exits first, for any reason, general downturn, this or that "worse than expected", falling oil prices, taking profits etc. Volume simply indicates that we have a near term top, an overreaction, which will eventually be corrected, so move with extreme caution.

Solar Grade: A Silicon Revolution

Great article. Eagerly look forward to your next article.

Like mistermaumau I see this rather as validating the silicon solar panel technology, not really a traditional paradigm shift as it is not a new technology replacing another. Makes the outlook for FSLR look very bleak, so why do they still get these high ratings.

Also my comment on the oil prices. The "falling" oil price (very relative) is seen as tempering demand for panels, but all I really see is shipping costs for panels from China coming down...

Regards

Canadian Solar Should Continue to Head Higher

Hello guys,

From Belgium.

No share profit taxes at all, unless you do more than 100 deals a years, in which case you'll be paying income tax as you''ll then be regarded as a professional. Ridiculous! Helps me keep my number of transactions low.

But EU regulations are coming in to spoil that party from next year onwards with steadily increasingly higher stock trade profit taxes.

Canadian Solar Should Continue to Head Higher

Hi,

Solar millennium it's called.
www.solarmillennium.co...

Interesting concept, more like a solar energy plant. it's just rotating reflective panels with a hot oil system in the focal point, which produces heat and in turn generates a turbine. An energy storage system is connected to it. Their systems are built large scale in Spain. Quite expensive it seems and funded with EC money. Their stock is on the German Xetra market.

Seems I was wrong on your 3 USD. Sorry. Means 60 is even likely, but perhaps with bumps along the way.

Jack, read your oil share report. It's fabulous, but over here in Europe I would be subject to heavy, likely double taxation of foreign dividends (dicki beware) ... I may have around 6% left of the 12%, and have currency risks, so for me it's not an option.

Canadian Solar Should Continue to Head Higher

Hi Dicki,

CSIQ 3USD, that is very speculative between 2 and 2.5 is very optimistis...

Oil under 100 not impossible but a "fall" in the oil prices to even say 105 could just provide the right excuse. At this level, all that is needed is an excuse to run for the exists.

PS German (or any other European, and even a bit less, US, see Akina for a stock that manages to grow administrative expenses faster than sales in this boom period) competitors of these Chinese companies are just dead in the water IMO, especially Ersol, and the price action proves it. It would be nice to say what Jack Yetiv would say about Millenium Solar.

Canadian Solar Should Continue to Head Higher

Thanks for the info, but your conclusion and advice to get in after a jump like that is a possible suicide recommendation, unless you're in for the longer run (say six months). The key question after a run-up like this is, who will head for the doors first.

My advice: you missed the opportunity, walk away and look for something where you can act before, not after the fact.

Read Jack's advice on Trina. Jack Yetiv is the genius who hit the nail on this stock BEFORE the fact, which convinced me and many others. jack got out at 24, which once again proves that it's much harder to decide when to get out than when to get in. I think we need to look for some exaggeration on the upside, e.g. forward PE of 30 at around 60USD, before we move back along a steep curve to around the mid twenties (e.g. on falling oil prices).

Solar Stocks Continue to Roll

Himanshu,

Understand your regret, but just be happy, and wait for the next opportunity, if there is one, rather than getting burned by running behind the facts. Going short is a very bad idea with these very volatile Chinese stock with a very big potential. Sit tight, and don't miss out the ride on the next leg of the bull run. If you really don't want to miss out, and you feel it's really going to go down, take a smaller position now and load up as it goes down. Point is, long is the only strategy here, unless we're in the stratosphere with PE's of well beyond 30+. CSIQ and SOLF are still around 10, way to go.

You could also short the higher PE shares like STP and FSLR and load up on the lower PE shares like CSIQ and SOLF. That way you're hedged, but you'll miss out on a lot of potential. But you know what, if you dare to go short, that show's you have a lot of courage, and this is really a chicken strategy, so follow the marbles strategy and go all out for the +.

I'm long CSIQ (from 19) and SOLF (from 18!), and boy, you need nerve to just sit tight and do nothing, but I'm convinced CSIQ is going much higher, only, it may be too soon. I'm looking for signs of the entire Chinese shares correction to shows signs of abating. I don't think it's far off, perhaps one more leg, but not more than that. If there is another leg, (hope not!) then make sure you're on the train. SOLF is another story, they caught me with a dilutive share action. Even so, I'm still looking for 20+.