Solar Stock Depression - what happened??

Discussion in 'Stocks' started by Port1385, Oct 23, 2008.

  1. [​IMG]
  2. dude oil is 67$.

    solar cells will be sold as frisbees
  3. jr07


    solar stocks are the true buy and hold.

    2030 type buy and hold
  4. lol
    IMO it's all of the above. It was a bubble and it's also a 2030 buy and hold.
  5. I just recently bought in on JASO and this link supported the decision.

    What do you think?

    and quite frankly, what does the price of oil have to do with solar?
  6. When something needs built in this country there is a bubble to fund it. It happened with the railroads--the initial investors went bust, but the infrastructure was formed with their capital. It happened with the internet- the initial investors went bust, but the infrastructure was formed with their capital. Same thing with solar-- the initial investors who paid 300x earnings will be wiped out, but a new solar infrastructure will be created. Each bubble throughout history funded something long lasting, at the cost of the early investors' funds.
  7. was a solid solar infrastructure really created here in america though? i thought there was a shortage of polysilicon last year that was suppose to be resolved next year with new supply coming online.

    i just think its the general market when the market rallys solars go up 30% in one day (like yge did a couple days ago) when market goes down they go down 20% they are just volatile as fuck.
  8. The higher the price of oil went, the more urgent and desperate we became to use alternative energy. Now that oil has halved its price, this urgency has abated. We'll do what we always do; loosen the belt, stop fretting about oil, and drink gasoline like it's New Year's Eve, 1999......that is until we get our next oil shock. See you then! :cool:
  9. A. Oil has crashed.

    B. The market as a whole is going down, so most stocks go down with it.

    C. They were never even close to a breakeven point as sources of energy.

    D. There's a perception of recession, and, as such, reduced energy consumption.
    #10     Oct 23, 2008