Not a Great Energy Investment....

Discussion in 'Energy' started by flacaltenn, Aug 8, 2012.

  1. flacaltenn
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    flacaltenn USMB Mod Staff Member Gold Supporting Member

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    Why is a company with severe manufacturing quality issues, slowing world sales and recent plant closings and layoffs getting BILLIONS in US Loan Guaranties and MILLIONS in hard cash handouts?

    It's probably because of WHO is invested in this company and the fact that Obama NEEDS a success in the renewable handouts he's addicted to..

    So the CANADIANS are getting a solar plant backed and paid for by US taxpayers if the Shaky First Solar bites the dust. Why is tossing all this money at First Solar a very risky move? Has nothing to do with cheap Chinese imports, it's mostly internal to the company.

    Germany a cool-weather country has no more loot for them so they a take a product that has had large THERMAL PROBLEMS to 3 desert installations in the US..

    What could go wrong?? It's ONLY $3Bill.. Tomorrow -- a list of the POLITICAL connections you need to get a deal like this one....
     
    Last edited: Aug 8, 2012
  2. flacaltenn
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    flacaltenn USMB Mod Staff Member Gold Supporting Member

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    Did I mention we're backing a company that has a huge class action suit against them from stockholders who are contending the company is HIDING the magnitude of their "quality" issues?

    Here's the map of connections to the politicians you need to buy off..

    No pressure -- no influence -- no problem.... The iceberg is dead ahead... Investors selling short, the CEO bails out on his stock, stockholders suing for transparency..

    Ring the pizza place, put your feet up -- This won't take long...
     
  3. B. Kidd
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    B. Kidd Gold Member

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    Yup, F-Tenn!

    Just one more real-world reason to NOT vote for Obie.
     
  4. flacaltenn
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    flacaltenn USMB Mod Staff Member Gold Supporting Member

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    Obviously there's no interest in this vital part of the Obama Renewable double-down.. Otherwise, we'd have people defending this kind of screwy "investment" in solar.

    OK -- let's start a pool..

    When is this gonna unravel? The company is mortally weak. Still is fighting warranty problems and stockholders, they've lost the massive market in Europe because of subsidy cuts and poor performance of solar in Germany. The Canada installation isn't gonna make a profit. (Solar in Canada????)

    If they haven't fixed the heat problems with thin film -- I give it one year.

    If they have fixed the problems, maybe 3 yrs before the taxpayers eat those installations.

    Obama probably isn't gonna be around -- but if he IS --- he'll have much bigger problems by then.
    The FSLR stock is SOARING after being left for dead. All on the basis of this "good" news about all the Govt bucks.

    They're gonna PUMP IT UP so that the Goldman Sachs crowd and those Obama funders can gracefully bail before it all comes apart at the seams. Creating a Golden Carpet for the connected investors to exit.
     
  5. B. Kidd
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    B. Kidd Gold Member

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    If ENERGY is such a paramount issue, and it is, why hasn't Obie put in place an outlined, coherent energy plan for the U.S., over 31/2 years in to his admin..?
    That is an essential question, and Romney-ites should take notice.
     
  6. flacaltenn
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    flacaltenn USMB Mod Staff Member Gold Supporting Member

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    He THINKS he has.. Clearly the Green Jobs brainfart is the crowning jewel of his economic plan. Except that it's largely leveraged by defining antique restoration as green and handing out mountains of cash to "renewables" and trying to crush anything to do with fossil energy.. That's the plan -- Stan.. And when at first you don't succeed ,,,,,,,,,, Does anyone really remember Al Gores plan to save America from Globalization? Anyone? the Internet SuperHiway? Similiar brainfart = square peg --->> round hole.. For some reason the left feels compelled to play Central Planning to the economy rather than facilitator.. Let Romney run with THAT as well. For a Venture Capital guy, he's not being covered by the press if he's talking at all about such ridiculous leftist notions..

    There is an overall fraud being perpetrated by the fact that many things on the list of Clean, Green, Renewables are not CLEAN and not GREEN. Like Geothermal and Biomass and Hydro and most Biofuels. Which leaves 2 techs that are not really "alternatives". Wind and Solar. They are SUPPLEMENTS to existing RELIABLE grid power. And they will never be economical viable when the true cost of idling a Nat Gas plant just to take 40 minutes of wind onto the grid is ACTUALLY ADDED to the cost. That's a large part of the fraud. The other part is that Solar and Wind were Supposed to be cute and cuddly and small. Everything that BIG FOSSIL is not.. Except that Obama has made the Wind/Solar industries the same cesspool of crony corruption as the oil/gas industry has become.
     
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    Last edited: Aug 9, 2012

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