Garry

Some Stocks to Research for the Market Rebound

I'll take a crack at GS. How can they have a buy out on the solar space, see the solar's take a 60% hit, be involved in the credit crunch responsible for much of the macro mess, and then change to a sell? Doesn't the sell make their previous "recommendation" look pretty bad? Aren't they admitting that their previous recommendation was exactly backwards? Why would anyone want to listen to them now? Aren't they supposed to put the macro environment together with the solar specifics and extrapolate into the future? Why is that guy still employed? How wrong to do you have to be before you're out on the curb? Aren't the stocks more compelling now at a 60% haircut than they were before they lost the 60%? And in the mean time, they've had blowout quarters.

Seems to me he's got it exactly wrong again. Long term, some of the solars will not make it. As with many high growth young industries, new technologies, new competition and market proclivities will hurt some and benefit others. But the solar space seems promising, and many companies are nearly sold out for '09. Seems also that the demand for solar won't go away unless the right guys admits global warming is a hoax. I'm not looking for that to happen.