The Sun Is Not Also Rising Over Solar Stocks [View article]
Bob: from the tone of your response, you must own one or more of these Solar stocks and just "don't" get it.
The Article gives you a list of Solar stocks which have all been reamed. All were down 50% or more before "ANY" analyst came out with the View that they will be facing hard times. That's normal.
This happened in the "Internet, Housing, Ethanol, Financial, Commodity" Bubbles before the Solar turnaround to the Downside. Each of them had nowhere to go but up and each has Tanked. Solar hasn't been "Singled" out, it is just the latest in a string of sectors where all of the Solar stocks rose in tandem just because the Company Had the Name Solar attached to it. Now they have to prove that their earnings match the previous Hype. If they do, those that do will be bid up again BUT don't expect them all to match what was previously expected in the current Economic environment.
What don't you understand about "Financial Crisis" and "Credit Crunch". Solar has a Great future.
I know it has a Great Future because the Middle Eastern Country of Dubai has started construction of that area's largest Solar complex. A one Million square meter Facility which is expected to be finished within 2 years and will be able to produce Panels as large as 5.7 square meters. They do not have Environmental, credit or energy constraints. They will be able to produce a lot cheaply. That translates into stiff competition just a few years down the road. This is a Country doing the Financing and Construction not a Company.
It is something the US should be doing now but "one crisis at a time" and who can we "Blame Now" seems to be the Motto here.
I guess that you want to blame somebody. Blaming analysts is Good but you should be blaming them for not telling you to get out 6 months ago rather than after "the horse has left the barn".
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Bob: from the tone of your response, you must own one or more of these Solar stocks and just "don't" get it.
Oct 26 10:11 am
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All Comments by NOWHEREMAN »The Sun Is Not Also Rising Over Solar Stocks [View article]
The Article gives you a list of Solar stocks which have all been reamed. All were down 50% or more before "ANY" analyst came out with the View that they will be facing hard times. That's normal.
This happened in the "Internet, Housing, Ethanol, Financial, Commodity" Bubbles before the Solar turnaround to the Downside. Each of them had nowhere to go but up and each has Tanked. Solar hasn't been "Singled" out, it is just the latest in a string of sectors where all of the Solar stocks rose in tandem just because the Company Had the Name Solar attached to it. Now they have to prove that their earnings match the previous Hype. If they do, those that do will be bid up again BUT don't expect them all to match what was previously expected in the current Economic environment.
What don't you understand about "Financial Crisis" and "Credit Crunch". Solar has a Great future.
I know it has a Great Future because the Middle Eastern Country of Dubai has started construction of that area's largest Solar complex. A one Million square meter Facility which is expected to be finished within 2 years and will be able to produce Panels as large as 5.7 square meters. They do not have Environmental, credit or energy constraints. They will be able to produce a lot cheaply. That translates into stiff competition just a few years down the road. This is a Country doing the Financing and Construction not a Company.
It is something the US should be doing now but "one crisis at a time" and who can we "Blame Now" seems to be the Motto here.
I guess that you want to blame somebody. Blaming analysts is Good but you should be blaming them for not telling you to get out 6 months ago rather than after "the horse has left the barn".