Thoughts of buying ESLR around $1.00 I feel like the government is going to be
subsidizing this industry within the next year or two. Stock was at 12 Bucks
less than a year ago. This stock could be a 200% 300% 500% return on equity in
the next two years. let me know your thoughts
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I am going to ask more questions if I kno they will be posted on yahoo finance
page
thanks for your input!
ESLR is interesting because they've been focused on maximizing efficiency using
their "string ribbon" technology. I agree with your take on pro-solar
legislation, but it's not something that's a year or two away -- it's already in
existing legislation.
The bigger issue for the solar industry is the lack of financing available for
customers looking to go forward with big solar projects. FSLR management just
came out and said the near-term picture is worse than they've ever seen. There's
also a huge oversupply of solar modules that is driving down prices. ESLR could
easily ramp up to $2 on any good news, but the stock could just as easily hit
new lows if conditions deteriorate more. I have ENER in the Breakout Stocks
portolfio and I think it's the best company in the solar space, but I'm not
ignoring the huge headwinds that don't appear to be easing anytime soon.
I'm not saying ESLR is a bad pick -- I just want readers to understand that it's
very high-risk. Notice that the company has over $370 million in debt, making
the $1 per share in cash much less compelling.
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