Good Value Penny Bottoms

[mike306oh]

"Mike any ideas how low eslr is going? Never thought they would drop below $10, you think they are going much lower?"

It is amassing isn't it? A company that long-term (due to its competitive advantage) has the best chance to actually make some good money in the solar PV business it's beaten down like there's no tomorrow. Cells made using string ribbon Si substrates (for good reasons) are gaining market share, and EverGreen/Q-cells are well positioned in this area. All they have to do is focus on increasing the cell efficiency, without increasing the cost. Solutions exist. This will increase their margins beyond that of the rest of PV industry crowd.

The only true danger I see is if indeed some of the other large PV companies (e.g., as you might know BP announced their intention to do so) manage to make a forced entry into ESLR's "garden."

The present drop in PPS, IMO, is a temporary situation. With this crazy market environment no one can really answer your question, except probably those behind the force (es) driving it down. My strategy here: the lower it gets, the more I buy. Hope this helps.

Mike