RE:RE:RE:RE:The chickens have come home to roostKarl63 wrote: I don't think anybody buys a renewable as a bond proxie, there are better companies out there for that, including conventional utilities and telecoms (which aren't doing too badly today). I'm not sure why the renewables are having a bad day, but I never try to question the short term logic of the stock market - that's a losing proposition. It could be as simple as the renewable crowd being very conservative, and conservative people often bolt prematurely causing a snowball effect. Regardless, I bought in a short while ago at $40.03 and I'll hold that for a long, long time.
The renewables generally follow the utilities index which dropped over one percent today.