GT Advanced Technologies Inc. Message Board
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SELL IN PRE-MARKET OR ASA MARKET OPENS...
MANY OF THE SOLARS STOCK ARE DOWNGRADED TODAY. ..OUCH
Evergreen Solar ESLR Jefferies & Co Buy » Underperform $3 » $1
China Sunergy CSUN Jefferies & Co Hold » Underperform $4 » $3.50
Ascent Solar ASTI Jefferies & Co Hold » Underperform $4
Solarfun Power SOLF Jefferies & Co Hold » Underperform $6 » $4
Energy Conversion ENER Jefferies & Co Hold » Underperform $15 » $8
Suntech Power STP Jefferies & Co Hold » Underperform $14 » $12
Sunpower SPWRA Jefferies & Co Buy » Hold $35 » $30
First Solar FSLR Jefferies & Co Buy » Hold $200 » $130-
The thing is, this glut of supply will translate into lower prices, fueling demand as the recovery is upon us. Demand will reach a breaking point as these prices continue to drop. The lowest cost, high output producers are going to win out. But they will need to expand to meet their growing market share. And that means buying more equipment at some point (hey maybe they can buy it from GT Solar). SOLR is not adversely affected by the shrinking margins by the wafer producers. It is actually a good thing for them. It means solar is becoming more affordable and the producers that remain will need more equipment, so try to put a negative spin on that...
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like most analysts, these guys are a day late and dollar short
the big down move in solar has already happened and they're climbing on at the 11th hour
i'm not impressed -
Thanks for the good information. SOLR was just about the only solar not downgraded by Jeffries. I think that this is a good sign for today and we may get some rotational buying form other solars.
- 2 Replies to sunbrookplace
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you're welcome. i guess, we can go and buy the bun instead, if hot dog doesn't sell well then
lmao
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