Trina Solar Q2 2008 Earnings Call Transcript [View article]
The solar sector is the only sector that is producing very high sales and earnings growth, despite the overall market being down. These earnings are continuing and forward one year estimates are very good. We have very low P/Es for many of the solar stocks so they are good values. However, the everday volume on these stocks is relatively high so the only problem is that stock holders are willing to sell these stocks to raise cash instead of holding them, even at these very low prices. It is simply supply and demand. When stock holders stop selling, prices will go up.
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The solar sector is the only sector that is producing very high sales and earnings growth, despite the overall market being down. These earnings are continuing and forward one year estimates are very good. We have very low P/Es for many of the solar stocks so they are good values.
Aug 18 17:14 pm
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All Comments by User 194768 »Trina Solar Q2 2008 Earnings Call Transcript [View article]
However, the everday volume on these stocks is relatively high so the only problem is that stock holders are willing to sell these stocks to raise cash instead of holding them, even at these very low prices. It is simply supply and demand. When stock holders stop selling, prices will go up.