Evan Grey Owl

Solar Stocks on Sale

One effect of this crisis, for the less mercenary among us, will be a certain resurgence of nationalism. That may be part of the reason FSLR has lost less than some of the Chinese solar stocks that were so highly touted before August 2008. Also, one factor I don't see much of in any articles, but that does weigh on purchasing decisions, is what risk model is applied to individual stocks. I believe that FSLR and POT, for example, are treated more leniently by some brokerages. However, this kills you if a margin call happens, as you have to sell much more than a stock that was treated as riskier in the first place by the brokerage's byzantine rules. Previously, the best solars' share prices seemed to travel in packs. Now, those with the best political connections and best financial relationships to U.S. banks, utilities, and government will do best in U.S. exchanges. Sadly, this may not include some of the best Chinese solars, despite their previous leadership and initiative. Also, Chinese policy reversal on allowing short selling in their markets co-incided with significant share value losses, as far as I can see. But I am no expert.

Solar Breaks Oil Price Dependence

Philman,
History has shown the wisdom of your view.

The only reason oil prices are so low now is because someone in the upper echelon's of power said, "Let them eat cake."

Some Stocks to Research for the Market Rebound

David,
Have you any feeling for what justifies IPI's relatively high P/E vis-a-vis MOS, POT and others. Also, have you any thoughts about target prices for MOS,IPI,CSIQ. The potash stocks have been on my list many months. I have not understood the behavior of the market since early September, but have 3 theories relating to illegal manipulations. The mechanism is similar in each, just the actors and motives differ. If I'm right, there will be no floor and this terrifies me, frankly.