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Re: matt24d post# 429

Thursday, 09/30/2010 10:32:36 AM

Thursday, September 30, 2010 10:32:36 AM

Post# of 1622
There are also just as many or more alt energy stocks that are floundering.

Since Germany announced the change in tax/incentive policy many solar stocks have been stuck or even pulling back. Many American alt energy companies are really struggling in this recession-- people don't have the cash to buy solar panels anymore-- and investors aren't excited about putting money into in industry with no customers.
Large scale projects have been put on hold b/c banks aren't lending....

ALTEX an alt energy index is down nearly 50% from it's 2008 high
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