timmymick

Three Reasons Solar Sell-off May Be in Early Innings

This article has a few major problems.
1) Even though the CEOs of several solar companies say prices will drop 5-10% the author bases his point on a drop of 15-20% drop. Even though the CEOs, many who have multi-year contracts say silicon will drop 5-10% in '09, he assumes a 5-10% increase.
2) Get off Spain's subsidy. Does anyone remember carbon credits? There are companies doing projects today just for the carbon credit sales.
3) CA has passed legislation sudsidizing alt energy and requiring % of generation
4) Anyone remember the Mojave Desert is being staked out right now. There is a lot of money being planned for solar power right there
5) How about Florida Power and Light?
6) Even McCain wants a cap and trade
7) As the US dollar drops, it will make the cost of solar panels cheaper in US dollars.
The main issue will be FOREX changes for Chinese companies

Right now in the US, Boone Pickens is the predominate player. Regardless of who wins election, we are being led to alternative energy, not because of global warming but a push for energy independence. That is a cause no one will argue.

Alesco Financial: REIT Selling For Less Than Cash On Hand

The stock has collapsed because of lack of information released by
by Alesco after negative events. Even their website has little info.
If these guys utilized a public relations expert and released better
info the stock would be $6 or more.

Crude Report Stumps Analysts

Everyone is making the case of supply and demand. The Saudian Oil Minister was quoted as saying actual purchases of OPEC oil does not show a supply/demand situation. The oil stocks figure shows oil co.s are expecting reduced demand. The ones who are claiming high demand are Lehman and Merrill Lynch who benefit from hedge fund purchases of futures and Gazprom who wants to talk up the price.I believe we are looking at a possibility of another hedge fund blowup that can sink Lehman and Merrill as well as put the financial markets in another crisis. The govt had better reign in the hedge funds before chaos reigns.