Thursday, April 21, 2011

Yingli (YGE) (SOLR) (LDK) (JKS) Close Up on Nuclear Perceptions

Solar companies have been jumping on the perception it's going to benefit from the troubled nuclear plant in Japan crippled by the massive earthquake. Companies like Yingli Green Energy (NYSE:YGE), GT Solar International (NASDAQ:SOLR), LDK Solar (NYSE:LDK) and Jinko Solar (NYSE:JKS) closed up Wednesday on those assumptions.

While there will be a temporary boost in the interest in so-called alternative energy, it will never be more than a fad and at the very best, a weak supplement to real energy sources that can handle demand. Natural gas will be one of the legitimate energy sources of the future when prices rebound. That will take time.

Investors will make money in solar in the short-term, as the media will continue to hit the solar thing hard because of its darling status with it.

But anyone who believes nuclear and coal-generated electricity is going away will suffer at best if they made investment decisions based on it.

Could you imagine Japan counting on solar energy and then has some cloudy days. Sorry about the blackouts and parts shortages around the world people. When the fantasy generated by the media ends, the solar stocks will come crashing back down to earth.

GT Solar International closed Wednesday at $9.68, gaining $0.30, or 3.20 percent. Yingli Green Energy closed at $11.87, rising $0.20, or 1.71 percent. LDK Solar ended the session at $10.79, up $0.01, or 0.09. Jinko Solar closed at $24.01, increasing $0.81, or 3.49 percent.

7 comments:

Anonymous said...

wow was this written by a second grader? or perhaps a scum bag getting desperate with their short position?

either way... black outs.. FYI moron germany the largest solar powered company is the second cloudiest country in all of europe.. ask them about their blackouts and why they are getting rid of all of their nuclear plants to be replaced with solar.. desperate article buddy real desperate...

Anonymous said...

I am shocked that Google would link to this tripe.

Seriously, why would you lump LDK into this batch when it was up 1 penny?

Wow....LDK really closed "up".

Coal and nuclear will not "go away" for the foreseeable future; however, there will be more difficulties constructing nuclear power plants because of typical cost over-runs, overall expenses, costs associated with waste disposal, and costs related to decommissioning.

Good luck in fantasy land.

PS - Spend the extra $10 and publish on a real url.

Blogspot. LOL

Unknown said...

This Chester must own lots of coal&oil. His so- called energy of choice is poisoning us all.

maxwells said...

Residential photovoltaic is the dark horse (eventually surpassing both wind and nuclear?), depending on how low the cost per kW gets.

And increasing economy of scale, technological and engineering improvement, and German, Chinese government support are driving pricing down fast.

Thus, for sunnier climes, PV already beats nuclear in real costs. And, given their inverse trajectories, it's a lock that it will only get better or worse, depending on which side you've bet on.

What's left is adverse PR by fossil fuel and nuclear lobbies, local utility hostility/inertia/ineptitude, and gobs of general ignorance, as your blog makes so abundantly clear.

Anonymous said...

wow.. What trash.. I bet you coal & nuclear lobbyists would not even buy this garbage article... Solar panels not working on cloudy days??? A five yr old knows better. Do urself a favor you lying sack of dog $hit and cover ur short positions!!!

Anonymous said...

Could you imagine Japan counting on nuclear energy and then has an earthquake...

Amika said...

And yet, the top click-through add on the side of this story says "RELIABLE SOLAR PRODUCTS" ---- Ads by GOOGLE!!!! OH yea, thats right Google does solar now also? and GE, and ???

SURE SOLAR IS DEAD, roflmao, get a life please. My take away from any story ive read about solar is that 99.99% of people that post comments are positive on solar. And very very few, if any, that say solar is not the future. Please know what you are talking about if you are going to publish articles like this.