RE: Anyone out there?Solar stock prices moves pretty much in accordance with the price of oil. If oil goes up, then solar stocks should move up. A lot of solar stocks moved up in late December only to fall another 40%-50%. If oil breaks through $50 this stock should move back to the December highs. There is a glut of solar panels on the market right now and the panels have come down in price which also hurts their profit margins. Many of the major solar panel companies have cut estimates and don't see increased sales for a couple of years (2011?). DFE from what I can tell, has a lot of inventory that they have to get rid of and if solar panels keep falling in price, this inventory is going to hurt them. They don't have debt so that is certainly in their favor.
So things don't look too sunny for solar companies I'm afraid. :(
WizWIz