Darth, How much do you think the new polls on McCain have to do with the downdraft on WFR and STP? Is it assumed that a Republican win will mean the end of solar subsidies? We will still have a Democratic house and Senate
It sounds like both candidates are for implementing renewables. After all, it's the future.
The slide in the Market has to do with liquidity and the housing issue. Most stocks move with the Market (3 out of 4). Solar had a nice run in late '07 and is now consolidating those gains imo. As we know, WFR has had manufacturing issues which makes it doubly worse. Plus, the semi piece is slowing.
Repub's are trying to tie in offshore drilling into the renewable energy tax credit deal which is BS. I believe 100% that there will be a comprimise to alllow an extension of the solar tax credits because too many jobs are at stake as is the perception of efforts to move away from foreign oil. It's a done deal and major catalyst for solar stocks going forward.