Also explain to us how were you able to calculate all the future earnings this company will be able to generate. This company is probably older than you or your dad.
they will soon fire all those workers because they will get bankrupt. Something to worry about.
One thing I learned is to never bet against government policies to cut the rates. China did declare they are cutting the rates.
coal is here to stay and there is nothing threatening to replace its use. Now, once the market gets some assurance the leading coal supplier will survive the cyclical downturn, the stock will revisit former highs and perhaps even higher. If you review the price history, you will see how far we are from former highs. Company generates billions in revenue and currently is only worth 120 million. Solar, wind, nuclear, water, and others have been around for a very long time. Nothing is new under the sun.
I cut this out from wiki article about solar power in Germany.
"While proponents from the PV industry blame the lack of governmental commitment, others point out the financial burden associated with the fast paced roll-out of photovoltaics, rendering the transition to renewable energies unsustainable in their view."
Somebody is lying and misrepresenting facts again.
Now I take back what I said. $1 is the same as 100 cents Markey. $100 is the same as 10000 cents. Got it? When you convert, its all the same. Watts from solar and watts from coal are the same watts when you convert. Its the dollars per watt where the problem lies. Solar is just way to expensive.
Markey is Wile Coyote, super genius. He already made his money ahead of time. He always makes his money ahead of time.
You did good. Congratulations. Then you got in solar and time will show with that. Today you are still green but i dont think you are selling today. Just a little lower, maybe then
even with subsidies its dead. Like mark said, they will be giving those panels away for free. That will really drive the cost of solar ownership to zero.
My suggestion to solar companies, cut those solar panels to dimensions of ping pong tables. When bk comes, they can sell extra inventory as ping pong tables. One can charge his phone while playing ping pong outside, very nice feature to have.
you see cities with lights. Now go to solar websites. All you will see is solar panels. SolarCity website does not even feature a city on its website. Nor does it feature solar panels. It features a girl blowing bubbles. Blowing Bubbles! lol! Did you get the pun?
lol..My personal favorite joke is BSRC. The stock of the future. The stock that replaced 33mm film. Trading only few thousand dollars a day and goes to sleep again. You solar heads are sure keeping the secret on that one.