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| Market up!!!! :) SOLF down :( Why?? | ||
| All 9 messages in discussion | ||
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I think it's due to other opportunities taking would-be-buyers to
other sectors. I think it'll delay the SOLF recovery but not extinguish it. I think when the financial recovery reverses and a sell-off occurs, people will pile into other sectors like solar. Ultimately, a company with this rate of growth (now secured by larger
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After I wrote that, I also got to thinking that part of this drop
could be because of the cyclical pattern of run-ups and post-earnings drops. People may be more keen on trading it around this pattern than investing in the company, which would mean larger earnings run-ups and drops, and a lot less action during the lulls, which is what we're in now. Just a thought from an amateur. |
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I also thought that last earnings would be the end of that cycle, and
the start of stability. That thinking got me in the hole pretty bad. Looks like I'm longer than I had originally intended. Do know I am not selling at these levels. It's crazy that antiquated technologies like landline telephone companies have higher PEs than SOLF. |
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Got me in a hole as well. But I am not selling either. Glad my HOKU
rallied a bit, a company that I think will be best of breed in a year or so as they are in everything SOLAR: batteries, installation, and production of cells. Also an American company which will thrive. My plan was to ride SOLF and then roll into HOKU. But I think, as you said earlier: we have to be patient, and for now, take it on the chin. But a rally could start any day as sooner or later they will bid this up like last earnings. Let's hope so. I am sure as I speak that the nay-sayers will return and come to roost. |
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Call me naive, but it seems to me that when oil goes down, solar goes
up. And vice versa. Crude again is sliding today, down to 126. That slide helps that market overall, but hits the alternative energy sector. If Dolly manages to knock down a few platforms and hit gulf capacity, watch the oil slide stop, and the alternative sector rebound. |
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