Canadian Solar - Cashing in on Crude

Last post 06-28-2008 10:38 PM by helen879. 3 replies.
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  • 06-24-2008 1:14 AM

    Canadian Solar - Cashing in on Crude

    An article on StockHouse.com states that Canadian Solar is "A Counter-Play to the Price of Oil" and I think this statement is quiet correct.  ith crude prices soaring and pollution causing global problems, people are trying to find a new, efficient solution.  In the past, solar was forced to take a back seat due to high costs and inefficiency, however now (with corn prices squeezing ethanol potential) solar may start coming into play.  Solar was always too expensive and not efficient enough for today's standards, but with rising innovations and rising prices for alternatives (as well as rising externalities to our current methods i.e. pollution) solar may be a good solution in the near future.  This is evident in Canadian Solar, whose share price "increased eightfold" this year thanks to the crude market as well as boosted earnings projections.  I don't think they've topped off just yet and I think investors will be able to make some money on this company.  I have listed the article here for your reference, and I would recommend checking it out if you want to learn more about Canadian Solar.

    http://www.stockhouse.com/Columnists/2008/June/23/A-counter-play-to-the-price-of-oil

  • 06-24-2008 8:41 AM In reply to

    Re: Canadian Solar - Cashing in on Crude

    I had this stock earlier in the game...i should have probably kept it...

  • 06-24-2008 9:00 AM In reply to

    Re: Canadian Solar - Cashing in on Crude

    I have made a lot of money on this stock for the game , I wish I had bought it for real .
  • 06-28-2008 10:38 PM In reply to

    Re: Canadian Solar - Cashing in on Crude

    Thanks for the info.

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