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TruthLiesWithin  - posted
I bought this last month after following solar stocks for awhile
Looks like a reversal is coming, just needs some new projects.

Companies like this did ok when there were state rebates inline with the gov rebates.
Many including my state dried up their funds and all that is left
Is the 30 percent tax credit by Obama
If those rebates came back or the government increased their rebate, in combination with solar now at $1.75 /watt
In places, these companies would go huge!!!
CAPTNEMOS  - posted
well doesnt show any revenues.$158 cash on hand.and just voted to increase a/s to 500 mil a/s.looks like its not a good value.gonna be alot more dilution if no ones buying up all those shares then i would say there would be an awful lot of supply.means in economics terms low or no profits.looks like a good pump and dump play although.fits the if the right group ran it she would go up.but then the fallout would be bad for the stragglers.not my style.
CAPTNEMOS  - posted
i would like to see a company have more than $158 dollars in cash reserve.
CAPTNEMOS  - posted
solar is not where its at.due to the phenomenom called global dimming.cost too much to set-up,takes way too much you know how many panels it takes to make 1mwt(megawatt)?the future is gonna be in taking the methane gases and other byproducts that landfills create and converting to fuel.not Solar.
TruthLiesWithin  - posted
I saw the increase in shares.
Knew it wasnt a good sign.

As far as solar, it still beats wind.

Geothermal is nice as well.

My house is all electric, i was going to install a 7.5 kW system
Several years ago.
The Mitsubishi grid tie i looked at was second to none
If its good for the Germans its good for the U.S.

With incentives in place the $34,000 complete system 40 panels which would have been on a solar tracker built and designed by me, (27 years of Astronomy) [Smile]
Would have only cost about $12,000 out of pocket
Including a free grid tie meter from the power co.
But the rebates are only good if you choose the rebate issuers own handpicked installer. Which to me reeks of
colusion, and for the same system they wanted $45,000 which means it cost them $11,000 to install it, or they mark it up so much to practically negate the rebate.
They make it sound like your not qualified to install the stuff
Maybe its not for some, but many DYI ers are plenty capable of mounting and installing this on their own minus the meter.
Anyway that was my point about how solar companies not doing so well because consumers get the short end of the stick.
On another note i built a 9 foot abs wind turbine for novelty, but with the right PM DC motor will only yeild 400 watts.
I couldnt imagine having 20 of these in my yard versus 40 panels.

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