Stockaccumulator

Three Plays on Solar Strength This Summer

There was a post here of all solars have their growth already "priced in" ... but this excellent Alpha article above, actually makes clear that such issues are irrelevant...

...and SOL has a forward PE of around 6.... some analysts suggest SOL's forward 09' PE is as low as 4, yes not a typo... 4.

So not sure what point "priced in" even means with respect to SOL which obviously has a forward PE which is rediculously low... so not sure also which solar you are concerned with...

...we thus plan to stay in SOL until we see a major change in this, here at Stockaccumulator. We likely will review whether to sell our large position in summer of 09', when we believe SOL will be bouncing around the $55-60 range.

Low PE was one of the reasons, along with exponential profit growth, why Investors Business Daily's totally neutral computer rating system in early June, rated SOL the 4th best company in the world to invest in (out of 25,000) companies (not just solars) their customers are actually the other growing solars everyone likes... See also Piper Jaffray's long version of their report on SOL. They practically audited the company, and love it.

Three Plays on Solar Strength This Summer

GREAT ARTICLE... WE BELIEVE SOL IS THE BEST SOLAR PLAY AND PLAN TO HOLD IT TO $60 IN SUMMER 09' NOT WORRIED ABOUT THE DIPS TILL THEN... BUT MAY SELL AT $36 WHICH SHOULD OCCUR IN AUGUST AFTER THE EXPECTED AMAZING EARNINGS REPORT... PIPER JAFFRAY ALSO FIND SOL TO BE AN AMAZING COMPANY TO INVEST IN... OTHERS HAVE BEEN COMMENTING SIMILAR TO THE ABOVE POINTS WORLDWIDE... VERY VALID ARTICLE... UNLIKE SOME OF THE UNRESEARCHED NONSENSE WE SAW AT MOTLEY FOOL 3 WEEKS AGO...

Solar Sector Plunges Right Along With Market

Correct about a some in the article, but with some solars, like SOL (Renesola) a bit if a different reason why shares were insider sold... I am reminded when Michael Dell had to sell a lot of shares to help raise capital, as he was limited by various authorities, SEC others involved with Dell's issue, in how many shares he could have newly issued again and again. So he sold off his own personal shares, a lot of them early after the issue, to raise more capital to tool up to meet the unbelievable demand for his product. They called him a thief, dishonest, and on and on. Shortly thereafter the shares ascended in price about 3200 percent over just a few short years. Those that held Dell after that debacle were richly rewarded.

SOL Renesola has proven that it has exponential profit growth, and will continue to ... hence why Investors Business Daily rated it the 4th best company out of 25,000 companies IBD had their computer system totally rate. The Chinese SEC is strict on reissue after reissue, so SOL it appears had to do whatever its dedicated chinese management felt it could to raise money to buy equipment and locations and staff to meet its amazing demand for its low cost recycled (sort of) components that are actually sold to other solar companies. You can't lump SOL in there and their management as some sort of dishonest thieves. In China, people do serious jail time especially where the investors are also Chinese funds, investors, risking their life savings, etc. It is important to read about each reason why insiders sell. Some it is greed, some there is a method to the growth story, like SOL.

Piper Jaffray practically audited SOL, went to China, etc... they love it... per their new article published in June. They do serious investigating, and don't put their name on just any company...

Zacks still today rates SOL number one out of 44 solars rated, and it and its independent analysts that Zacks follows still have a very strong buy on SOL (every analyst!)... with its unique product, SOL is a company to buy, hold and later thank your lucky stars you had the courage to ignore the noise.

We see SOL to over $55 by summer 09', as solar industry will be in explosive demand next year. 08' was just a brief temporary taste of things to come in solar. Imagine when oil is stuck at $150 month after month, seemingly forever. Governments local and national worldwide (especially both Obama and McCain) are on the solar bandwagon, and will be very serious on it next year. Meanwhile governments are figuring how to have more heavy taxes on oil profits, they are simutaneously making Solar a prime tax haven, even more than berore, and citizens worldwide are all for it.

And the chinese are able to adapt to low cost, change, innovation. SOL currently has a PE of 4 to perhaps 6... other solars have a PE, some reaching 300, and some make no profit. SOL today makes huge profit, every quarter, and it is growing exponentially. A case of (temporarily) throwing baby out with the bathwater (SOL)... take the time to read about SOL you will see this is all true...

We make a lot of money on fear here at SA... SOL is a new way, a great way to make money for nothing on other people's fear of nothing. Don't be afraid to hold SOL long... there will be a lot of pundits along the way to ignore...you will be glad you did...

Yours Truly, The Stockaccumulator...

Solar Sector Plunges Right Along With Market

On SOL (Renesola), solar, and the silly "report" that appeared today on Thestreet.com: In companies like SOL, we here at SA buy "SOL' type opportunities and hold... we plan to hold until summer 09'.

Then we will take a second look, and perhaps continue to hold. (SOL may be owned by another solar company by then, thus making its stock price higher).

We make a lot of money doing this. Others like the "reporter" on Thestreet.com video (not sure who or what he is) apparently hold companies for a few days, weeks or a month or two. Then get scared and sell, even outstanding companies that will have great success. We would do this buy/hold early in the creation of DELL, NOKIA, GOOGLE, and on and on. We have made a lot doing this. There have been many companies like SOL in the past, early on, but they are perhaps 50 in a thousand. IBD helps us find them first, then we look at a hundred other sources, and read the news carefully.

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.

All three, Zacks, IBD, Piper Jaffray, and all the many other analysts have repeatedly reported accurately that SOL is a must own, must buy stock, in their own reporting language.

Thus all of Wallstreet and all the investing

Polysilicon-Based PV Manufacturers: Clarifying the Financial Issues

Zacks published this (see below article) 7 trading days ago about Renesola (SOL), when the price was bouncing around at about $20.

Zacks Rank in Industry 1 of 44... the best of all solars.

See Zacks' site. This in addition to Investors Business daily June ranking of SOL as the 4th best company (not just solars but the whole world, every company) to invest in... and in addition to Piper Jaffray's amazing careful on site research on SOL.

I'm sorry, but I trust all three combined, Zacks, IBD, and Piper Jaffray more than some little unclear internet article written by someone with possibly a (short) vested interest, who is an unknown unproven writer (even though I like Seeking Alpha).

Read this quote from Zacks 7 trade days ago:

"Through its history, ReneSola regularly adapted to changing market dynamics. The company is aggressively ramping up its polysilicon and solar wafer production capacities. Going forward, increased captive generation of polysilicon will improve its cost structure and enable wafer capacity expansions. Globally, rising solar wafer sales, along with escalating crude and long-term supply agreements, should collectively generate significant earnings growth. Buoyed by these positive factors and
impressive results, SOL increased its 2008 production
output and sales guidance. Accordingly, with a
bullish outlook and an attractive relative valuation, we initiate coverage of SOL with a BUY recommendation and a six-month target price of $24.25, representing 27.2% upside potential."

Note: today, at $13 SOL upside would be perhaps 40% ... Zacks published this above article 7 trading days ago when SOL price was much higher... other analysts still have targets of $40, some at $55 on SOL...

Time to run to your laptop place a big buy order on SOL ...

Polysilicon-Based PV Manufacturers: Clarifying the Financial Issues

Renesola (SOL) at $12 to $13, with a forward PE around 4 now, is an amazing buy ... all arguments in the above article, and comment posts, can go everywhich way. Nobody knows the answer to any of the issues. But no answer is needed on any issue, since Solar is here to stay, and will continue to grow exponentially. And all you need to know is that we can all do extremely well buying Renesola (SOL)monday morning. SOL actually supplies the other solar companies with their recycled solar products in a way that no company does. A unique product, method of manufacture, proven exponential profits... One thing for sure, SOL is a fantastic buy at this price, and I would not be surprised if it was at $20 again in one week. It moves sometimes 6 to 7 points in 2 to 3 days, and the news on SOL shows it is the most exponentially profit growing of all Solar related companies. SOL has an amazingly clean balance sheet, profit growth that shocked the market last quarter, and when they announce next, it will be at its all time high of $29 immediately. No bad or any news, just good, including recent rediculous price of oil, and that governments (worldwide/local) are jumping on the solar bandwagon. If Obama gets elected (good probability) look for the entire solar group to go through the roof, and SOL will lead the way, as it did last time its earnings announcement sent SOL up almost 300%. Even if McCain is elected, by next summer SOL will easily be worth $40 per share... Its PE has stayed amazingly low... even with its previous 300% increase in share price last time, the PE still remained around 8 forward to 09'. It has amazing contracts, very low cost manufacturing process and product, and big demand for its unique product. With last weeks entire market mess, all agree SOL was a case of throwing the baby out will the bathwater to be in cash feeling good for the July 4th weekend. In early June, IBD rated SOL as the 4th best company in the world to invest in. Piper Jaffray sent people to China/SOL, and practically audited the company, and came back with a statement of "must own" strong buy, and was satified SOL had a super clean balance sheet. Piper Jaffray does not put their name on just any company, and they love SOL. ALL other analysts still rate it as strong buy. Nobody says to sell SOL. So while many other Solars have high PE and no profit, SOL has proven exponential profit, and tiny PE. SOL is the only solar I would buy at this time, though some others look pretty nice at their prices too. Next year Solars will be a must investment for all, this year solars are only for the smart who can see the obvious future. All solar companies will constantly change/improve their product... the Chinese are the best able to adapt to the constant change, and keep costs low. SOL is the solar that sells to even the other solars... You will be glad you read this next year, if you buy SOL now... Stockaccumulator