WPSPIKER

Growth Investing's Golden Rule: Limit Your Losses

glad to see someone else is going though some actual fact checking. ESLR will be profitable pretty soon and then what>? I'm in lower than where it is at now and I do think it will rally after the new year starts as there are a lot of people selling here to book losses for the year. I've been doing it and I have been holding a lot of good gains until after the 1st to keep from paying too much in taxes this year. I'm assuming this is happening with a lot of folk, I expect some profit taking first of year similar to last year, and a dip will bring new buying opportunities...

mark M


On Dec 30 01:01 PM HerrHansa wrote:

> Evergreen Solar (ESLR) has an agreement with Jiawei Solar in China.
> Groundbreaking has already occurred in China, and the facility is
> expected to be shipping product by Q2 2010. I think that is one very
> prominent way of lowering costs of production.
>
> www.evergreensolar.com.../ - Click on News<br/>
>
> Evergreen Solar (ESLR) also works with the Export-Import Bank of
> the United States. That entity provides low interest loans to foreign
> purchasers of products from US based companies. I don't know of a
> Canadian equivalent to that.
>
> On a separate level, I would not imply that your friend who is 90%
> should hold on for another few quarters. That's a tough call, and
> I doubt anyone would pick any equity and claim it would gain 90%
> in another year. I certainly don't expect that from ESLR, nor do
> I see it with any other solar company.

As Solar Plummets, Stocks Drop Below Book Value

I like the fact that solar is a good source of power. problem is in this environment everyone wants green they just want it at a much lower cost. Up front costs of solar are still too high to get the average joe involved. and that is what it will take to make solar worth while in USA. What is required the better gov. subsidies similar to what has been one in Germany. Who in there right mind will put in the system that will take close to 20 years to pay back the initial investment, as wells that investment will last only 20~25 years? I am not a tree hugger but I do thin we need more green energies. solar is part of it but the upfront costs need to be dealt with prior to it making it main street..
mark