Tuesday, February 14, 2017 3:06:14 PM
I'm happy to see a fairly solid floor put in here in the low 30's. It's encouraging and hopefully points to everything already being priced in, as previously mentioned.
That happiness though, is underlined with a creeping uncertainty, at least in The near term.
I'm not sure if retail quite grasps how much of an undertaking this is, and how much a make or break situation it is.
To be fair, and I've never wavered on this sentiment, (although I've been wrong on general price moves many, many times) First Solar will do what they say they can do regarding S6, and working from that assumption, I am confident that they will remain a market leader in thin film solar.
It's just getting there that has me convinced we haven't seen a true bottom yet.
I hope I am wrong. I really do.
As far as the current administrations stance on solar, thus far we've seen much posturing, without much actual action, on a number of big issues. Whether it's just partisan politics, infighting, or general malcontent, whatever the administration wants to do, it clearly won't be easy.
It was the first time anyone ever called me, "Sir," without then adding, "You're making a scene."
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