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Reply #29: Big money, big dreams... [View All]

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Home » Discuss » Topic Forums » Environment/Energy Donate to DU
SolarFriend Donating Member (22 posts) Send PM | Profile | Ignore Thu Sep-10-09 01:24 AM
Response to Reply #18
29. Big money, big dreams...
Edited on Thu Sep-10-09 01:26 AM by SolarFriend
This is absolutely ludicrous- do you really think that the number of installations, remotely, has anything to do with the increase in price of stocks in solar? Solar panels are undervalued, not stocks. Because China has been able to create an influx of cheap solar panels due to their low and subsidized production, shipping, and distribution costs does not account for a valid CAGR. Buying stock in Solar now, is like buying stock in real estate when it was booming. Little did people know that oversupply and loose lending, spending, and greed led to the collapse of not only the real-estate industry, but home owners and investors. A booming industry in a collapsed financial system, dominated by Chinese enterprise, should raise enough red flags you should be able to see them from the moon. For your info, in order to be valuable the price of solar has to come up, not down...
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