PeakOiler

Three Reasons Solar Sell-off May Be in Early Innings

supershort says:

"McCain will win and America and the world will be better for it. "

Sorry bud, he stands no chance. He will be remembered as the last of the old white hairs of the repug party. He represents the last gasp of a morally bankrupt, decaying and biggoted old white boys club. Watching the convention last night on CNN I was taken by the sea of white faces - women with caked on make-up, face-lifts and dyed hair, men with hardened unfeeling eyes. There was no real humanity in the room, merely hollow shells without a conscience.

Take this to the bank: the dems will win in a landslide, and the repugs as constituted today may never recover. The massive do-over they require will take at least a decade.

Three Reasons Solar Sell-off May Be in Early Innings

Natural gas is now in a glut situation and will be for many years to come in the USA. There have been some very recent major finds in Louisiana (Haynesville) and Texas (Barnett Shale), with reserves of hundreds of trillions of cubic feet of reserves. This is going to put pressure on all energy prices, esp. gas and oil, since many installations (including power) will continue to convert to gas. So you can kiss goodbye to high solar prices too, and kiss goodbye to high priced solar stocks. Buy 'em when they're cheap, sell 'em when they're dear. For example, the time to buy ENER will be when it fills the massive gap at $36, which represents about a 40% haircut from here. That will be the signal I'm looking for to say that solars have hit bottom. Maybe by next spring we can buy again, for now take your profits to the bank (or your losses to the dumpster).

Three Reasons Solar Sell-off May Be in Early Innings

Short solar. The bulls who comment make me laugh - they know everything about solar except valuation. Buy stocks when they're cheap, sell 'em when they're dear. Solar stocks are wonderful indeed, but they are ridiculously expensive. Sell, sell, sell!