Thursday, February 09, 2012
1. An unbelievable "green" energy double standard the White House is trying to keep quiet
 
2. This "green" boondoggle will hit your wallet in less than four months
 
3. Why September is such a terrible month for stocks
 
1. Richard Russell: This could be 2012's "market moving" event
 
2. Porter Stansberry: These facts show the "End of America" is coming
 
3. New report reveals Federal Reserve president owns millions in gold and platinum
 
4. Military insider: The Pentagon is lying about Afghanistan
 
5. This morning's "fantastic" jobs report is hiding some shocking news
 
The solar stock everyone loves just missed earnings
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Thursday, October 29, 2009
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From 24/7 Wall Street:

We have long said that this Q3 period was likely to separate the men from the boys in the solar sector. Unfortunately, none of the men looked stronger than the boys.

[Last night’s] earnings report out of First Solar Inc. (NASDAQ: FSLR) only reiterates the notion that solar power companies are in many ways just leveraged bets on the price of oil.

First Solar posted $1.79 EPS on $480.9 million in revenues (excluding the Sarnia project with $58 million not recognized in Q3). Thomson Reuters had estimates pegged at $1.74 EPS and $528.78 million in revenues. The company noted a cost per watt drop of 2.3%, but the gross margin dropped faster by 5.8%. And there are other reasons to be cautious here…

Read full article…

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Topics: Green energy | Stocks
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