What's wrong with STP?

Posted by gainwmn1 on March 25, 2010 (02:43PM)

STP (Sun Tech Power Holds.) Chinese company with one of the world's best solar panels technology and solid balance sheet, not just beating, but smashing analysts' earnings estimates for the last three quarters in row. However, the stock goes down even on the best of the news, even if
initially jerking up a point or so for a day.
Someone has any idea what's going on?

Posted by OldFart on March 26, 2010 (09:07PM)

Solar has a good correlation with oil, they are competing technologies and the higher the price of oil the more investors are willing to pay for solar. And vice-versa

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