Fishy....
This worry me. Is that an issue ?
BECAUSE Warren Buffett invested in SPWR too. Is that an ok reason for you ??
SCTY has no profit yet, investors are dreaming for better future. But SPWR and FSLR have profit now. SCTY can go down a lot faster than them if bad news come.
All these China solar stocks can easily go up and down 10 to 20% easily in one day !! Timing is very important. I expect earning is still in red but narrowing. It is not a smooth sail yet.
JASO is a good bet too.
If you can't risk your money, then SPWR and FSLR are making profit them and they are a safer bet.
What I mean is that if you can't compete with them, then make use of them !
It won't help. China solar companies are moving manufacturing to India and other low cost countries, then sell them here. It is still much cheaper than American and European panels. First Solar and Solar Power are smart, they use the cheap panels to build power facilities and it is a big profit.
it is getting better but not a smooth sail yet.
wait for pull back, earning may not be as good as people expect, just like fslr earning... but it is not that bad.
This was a $350 stock ! $47 is nothing to it...
You mean it will reach $45 in few days ?
Yeah, people are blind, they just buy without thinking and reading.
I wonder why ?? Buys on dream and sells on rumor ?
I just don't know how solar company goes from big loss every year to a big gain suddenly. The current solar panel price has not increase much. It is very fishy about FSLR's earning rumor. Big risk to buy now !!
JASO has the least debt !! And it will be in green this year.
Please don't bet your wife and daughter on it....
You are kidding... Both major components of STP international is now in BK stage, how can it go to $2 !! STP is destined to go down in history. European operation declared moratorium. Wuxi Suntech Power is taking over by government under BK ! STP is now only a "shell".