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  • Los Angeles sues JPMorgan for predatory lending  [View news story]
    The problem with democracy is that whoever wants to get elected HAS to please the masses in order to get the votes. While we all know that the masses are not the mental force behind creativity, scientific discovery, economic change etc. We are currently seeing the downside of democracy by showing that it is a system where the tail leads the dog.
    While I agree that there have to be strict monopoly regulations and regulations that prohibit corporations from taking over too large a market share, I do not agree when politicians make the leaders of society into servants to the masses in order to get the votes for their elections.

    I live in LA and two houses down the owner (non minority) is being foreclosed upon by the bank. He has 3 units in he back of the house which he is renting out. The problem is that the place is rent controlled and the renters live there for about a third of current market value. So after the owner has been struggling not to lose his possessions for years he is now kicked out high and dry while the tenants who have been living there for two decades for a fraction of the market rent are being paid $20k each in relocation fees, for the inconvenience they are experiencing. Madness.
    May 31, 2014. 12:39 PM | 3 Likes Like |Link to Comment
  • Los Angeles sues JPMorgan for predatory lending  [View news story]
    why is it about minority borrowers?? Why should minorities receive more protection against being duped than non minorities? I am really tired of the ongoing debate of how non minorities have to take care of minorities who supposedly can not be held accountable for their actions. Here in LA I see minorities buying properties all over the place, then running a daycare with 40 kids who pay 600 each a month and within a few years they buy the next property. My neighbor has done that exploiting every minority loophole in the book and if anybody complaints about his racist ways or his dog barking nonstop, he tells them to move out of the neighborhood.

    With an enormous hispanic vote in LA, I wouldn't be surprised if they actually were the ones able to get reimbursed for the banking problems, that would certainly win a lot of votes for somebody.
    May 30, 2014. 07:48 PM | 2 Likes Like |Link to Comment
  • Solar stocks jump following Trina's strong guidance  [View news story]
    I would say that SPWR hasn't been held back at all compared to JKS Trina YGE etc.
    The reason why SPWR is not joining the rally is that it is not exposed to the Chinese/asian Market as the rest of them.
    May 21, 2014. 02:01 PM | Likes Like |Link to Comment
  • JinkoSolar: Can This Dog Hunt?  [View article]
    In the long run it can hardly be doubted that solar will do very well but we are now steering into a energy battle on various fronts. Media influence, tarrifs, Utility companies, various other energy interests. Now that Solar is becoming a true contender we may be facing some more downfalls before the uptrend can truly take hold.
    May 19, 2014. 06:22 PM | Likes Like |Link to Comment
  • JinkoSolar: Can This Dog Hunt?  [View article]
    The news media is going in every direction possible.

    Hard to believe whats real. Solar should do really well but what we are seeing is the opposite. Rumors or truth?
    May 16, 2014. 02:34 PM | Likes Like |Link to Comment
  • JA Solar Beats, Invest On The Cheap With Options  [View article]
    I agree with your valuation of JKS but I do think that the market in general is inflated and is now stuck at the all time high. I can't see it pushing much higher, which means it will grind sideways for sometime and eventually adjust downward. When that happens all stocks are affected and fundamentals won't matter for some time until balance returns, wouldn't you say?
    May 11, 2014. 07:09 PM | Likes Like |Link to Comment
  • JA Solar Beats, Invest On The Cheap With Options  [View article]
    I agree with you that this would be one of the best strategies no doubt. I for some reason never thought that the call and put options were truly worth it. The small amount you get in advance is just not enough to lure me in.
    May 9, 2014. 01:19 PM | Likes Like |Link to Comment
  • JA Solar Beats, Invest On The Cheap With Options  [View article]
    Of course nobody knows how low it will go but if you look at the current broader situation with a cool head for a moment you will see that the beginning of the year saw a terrible winter while in california we are having the worst drought on record then there are wildfires and floods. More than usual natural disasters which means more than usual erosion of tax payer capital and restraining the economy from going up. Then there is the talk about bubbles in certain sections of the market which nobody can see while in fact the entire market is a huge bubble, mostly caused by QE. To me that translates into the market being much more likely to adjust significantly downwards rather than upwards. All we see now are vultures making the rounds for the occasional catch. In light of all that the question where jaso may go is very broad. I imagine a 50% drop not out of the question at all. I do believe that in the long run the solar stocks will emerge strong but we need to see some adjustments before that will take place.
    May 9, 2014. 12:50 PM | Likes Like |Link to Comment
  • JA Solar Beats, Invest On The Cheap With Options  [View article]
    The problem is that in the current market chinese solar stocks can possibly expect a PE of not more than 8 which means your put option will be reached sooner than later. My humble opinion is that Jaso will tumble from now on. The response of the market to Jaso's positive earnings shows that there is no steam left to rally and henceforth JKS has already started to tank today in a more than expected manner since it possibly won't matter what stellar report it will show us on the 27th, it simply won't move as it stands currently.
    Unless this market figures out what to do I am afraid that chinese solar is nothing but a savior to global warming and we all know how little investors care about that one.
    May 8, 2014. 07:22 PM | 1 Like Like |Link to Comment
  • Tesla's Q2 Earnings Will Be A Massive Disappointment  [View article]
    ursf, very well said. Nice response to a irrational mind that needs to make irrational comparisons in order to promote his crusade.
    May 8, 2014. 10:27 AM | 3 Likes Like |Link to Comment
  • JinkoSolar Trading At Attractive Valuations  [View article]
    Robert, I do have to say that I have seen you make forward looking assumptions from past data to a degree that made me feel like you are not calculating the "x" factor of future events at all and now you are criticizing this article in regards to that. Someone doth protest too much me thinks.
    The overall picture is positive, no doubt. The movement of the stock is insane as it has always been anybody who comes into it at the 30 level will feel their ulcers flare up in a big way but in the long run its the best bet judging by current numbers.
    The true issue is the economy in general, volatility on top of a extremely volatile stock breeds something wild.
    Apr 30, 2014. 12:25 PM | Likes Like |Link to Comment
  • SunPower Posted Solid Earnings, But Is It A Buy?  [View article]
    I am not sure exactly what you are saying. Ok so it is incredibly complex but Trina claims they are shipping 22% efficiency as we speak which is not far off from 24 and if Sunpower can do it then why wouldn't Trina be able to do it?
    Apr 30, 2014. 12:18 PM | Likes Like |Link to Comment
  • SunPower Posted Solid Earnings, But Is It A Buy?  [View article]
    Trina solar claims their cells have 24% in the lab and 22% in production.
    Apr 29, 2014. 11:42 PM | Likes Like |Link to Comment
  • SunPower Posted Solid Earnings, But Is It A Buy?  [View article]
    If you would replace "inexpensive" with "cheap", your comment would expose itself as taken hostage be whats called "perceived value". It is sometimes easier to sell something at a higher price because people will perceive it to be of better quality. When you actually look at for example Trina Solar panels and compare them with Sunpower panels you will probably find very little quality difference, if any at all.
    I have manufactured in the US and in China for almost 10 years now the notion of we here in the US produce quality compared to the cheap Chinese stuff is a very arrogant notion and does not hold up in reality. Apple computers for example are made in china and they are considered the best for example. Pure arrogance.
    Apr 25, 2014. 12:40 PM | 4 Likes Like |Link to Comment
  • SunPower Posted Solid Earnings, But Is It A Buy?  [View article]
    Its interesting to see a certain level of madness creeping into the minds of investors. The market is putting a tight leash around their necks these days and the results are clear. Is SPWR a buy? Lets say it is the only Western solar company right now that is going anywhere, FSLR has managed itself into a limbo position so there really isn't much competition if you consider Chinese companies "dogs", I would say yes its a buy from that perspective.
    Of course a different perspective says that chinese solar is everything else but a "dog" in fact the chinese government and the chinese solar companies like JKS and TSL and YGE, CSIQ have revolutionized solar on our planet and created a pricepoint for it which makes solar a contender in the energy market to begin with. In centuries from now when solar will be a omni present source of energy supply china will be the one remembered as the leader in finally bringing the energy sector out of the dark ages of the 20th century and into a brighter future. The US has so far made fairly pathetic attempts at project like Solyndra which were pretty much set up to fail more or less so we can say "yes we are also working on solar" but so far nothing much else has been shown. Sunpower in combination with Total is not really just a US company in my opinion. If we speak about actual Dogs then look right here at the US and its Fossil Fuel based stranglehold of Congress. In the long run that will be the losing streak which the US economy will have a difficult time to afford in current day economy.
    Apr 25, 2014. 12:18 PM | 1 Like Like |Link to Comment