Solars have been on a tear this week after dropping like a droppy thing on concerns of lower pricing (disregarding higher volume) and with the traditional/expected sell-off after earnings and the Valencia trade show. A few have exposure to LEH which will cause dilution and LDK just diluted a bit with an offering (check out their impressive
plant progress).
I will consider dabbling a bit more on a pull back (perhaps TAN to average risk) before Spain's subsidy decree. Removing doubt should be positive even though the cap will be lowered dramatically (at least there is scuttlebutt of not being lowered quite as much).
The extension of US tax credits is still in limbo though and especially a dependency of the SPWR deal with PCG (interestingly, CY is supposedly spinning off not just for focus but to seperate itself from meh utilityesque profits but hey as long as there is growth). I think it is only a question of when though and therefore a matter of timing as always. The condition of stock markets in general is crucial of course however the outcome of the US election will not affect the
necessity of an alt energy policy so should not matter as much as some fear.
Speaking of LEH (or rather LEHMQ), it's fun to dream of getting in at a nickel yesterday innit (high of .25 today)? Closer to reality, I did in fact consider MS at $14 but hesitated and by the time of $16 figgered it had "recovered" and I had missed it. Natch! At least selling at the open today ($38) would have been a Good Thing in retrospect however doing so with LEHMQ would have been painful to watch it go from a seemingly fantastic double to pants-peeing quadruple or quintuple! :Q
It has been an interesting couple of weeks with added flair points for such details as the massive buying at precisely 1:00 and 3:00 yesterday. I would love to hear the back story on stuff like that.
Anyhoo, the past is past and how are we to make s'more monies next week?