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Non-Tech : Alternative energy -- Ignore unavailable to you. Want to Upgrade?

To: Jacob Snyder who wrote (8158)	5/19/2010 10:49:56 AM
From: Sam	1 Recommendation Read Replies (1) \| Respond to of 16955

Even after the big hit they've already taken, none of the solars are buys yet, IMHO. They will go down as a group with nearly everything against them short-term. Govts can't afford their subsidies--even China keeps postponing a decision, and they are probably in the best position of any govt that is supporting solar power. The EU countries are going to have deal with their financial imbalances before they can deal with their energy problems, even though both are important, the financial issues clearly take precedence right now. Energy prices are falling. And there is a glut of capacity at nearly every point on the supply chain. Recent good results have borrowed from the future, given the uncertainties about levels of future subsidies, while the capacity remains in place to chase spent demand. They are all shorts, IMHO, as unappealing it as it may be to "chase" a falling stock down (just as it is unappealing to chase a rising one). I would wait for the group to form a several month base before even thinking about going long.