Evergreen Solar, Inc. (NASDAQOTH:ESLRQ)
The Company develops, manufactures and markets solar power products enabled by its proprietary String Ribbontm technology that provide reliable and environmentally clean electric power throughout the world.
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Not sure ESLR can survive the global economic downturn.
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Future looks pretty tough for this company. It is hard to imagine how the $1/share barrier will hold if they dilute shares to raise money, and if they dilute, price will drop quickly, and further if it get a de-listing letter from the exchange. It seems all down hill from there.
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ESLR loses money every quarter. they cant compete with FSLR or chinese solar companies
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with all this fear and future unknowns, the news has brought us in the past 2 months; Pictures and video of much devastation and a possible critical meltdown from Nuclear tech. I think more people will invest in more solar technology. Because of the safety factor that solar power gives us. People want to be and feel safe, Also the more money they save would benefit toward paying off other bills and their mortgages. In which spending would go up, then the economy!
Too Easy, It's that Simple.
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If this company can decrease costs with its move to China it can rise again.
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When the US Smart Grid becomes reality, every one will be buying solar in the US. For those of you who do not know about Smart Grid. It replaces your current meter with one that can be controlled remotely. If you use too much power, the power company can shut you down.
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I have faith in the quality of Boston-area engineering. It's a matter of the ESLR guys getting a couple new ideas brewing, and I think they're ready to take off.
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Better products that give more cost affordable solutions for solar energy will help drive this company to profit as the world economy heals.
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solar power is the future. this one will grow in the next 2 years.
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This company is still in business? :)
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When you make a whole Power Plant in Germany and power it with ESLR ribbon technology..I would think this bodes darn well.
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I fear for the future of this company. They went in big on a technology called "string ribbon" that allows them to create more silicon wafers per unit of raw material used, but they have been undercut by flexible thin film competitors. At the same time they invested heavily in a Massachusetts manufacturing plant that came online at the worst possible moment and they are now moving production to China.
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Nowhere to go but up. Seems to be getting their problems behind them. New plant in China will improve margins.
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Evergreen's String Ribbon technology uses considerably less silicon than competitors production technique producing a significant cost advantage. They are a US-based company which is well positioned to capitalize on the inevitable growth of the solar industry as it matures.
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other solar competitors and technology will clean house.
Watch those stock however instead.
I'm set, are you? 2 years of research shows on solar technologies, and I almost bought this one. I maybe just buy it for my portfolio or luck. It has a nice ring to it ;)
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This is a high risk trade and for a small % of your portfolio. With the governments all worldwide pushing for green economies we need to find opportunities in the rough. If solar catches on and ESLR survives, you could see it up over $20 per share.
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WHEN
GREEN GO,s
GREEN$$$
insted of
GREEN making us see
RED.
THIS WILL HIT
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Obama money is coming!
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FAST easy build of panels
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