Tuesday, November 26, 2013

Solar Dead Cat Bounce Almost Over?

A correspondent writes in,

"Some of these solar stocks are starting to look shaky. I wonder if the STP and LDK bond situations are making some of the bulls think twice? Look at YGE, TSL, SOL; look like accidents waiting to happen from a technical perspective."
Good call. This has been a totally unfounded rally since April.

Do you really want to invest in an industry with excess capacity, in a country where paper ownership doesn't mean anything?

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