Thursday, January 26, 2012

Chinese solar panel producers to suffer passing of evolution

From the 330 chinese manufacturers of solar panels, only 15 are expected to survive the next few years.

Meanwhile, the major players continue to post huge gains on a daily basis. There seems to be a correlation between good economic news and these stocks. They did hold while the markets hesitated to post gains.

On the other hand, Germany one of the largest markets, is planning to cut subsidies on its domestic solar panel market. This is probably helping the rebound expecting more supply from chinese manufacturers.

Without much new information, it is time to decide whether to get out on the next station or hold hoping that the spike in the volume traded with an increase in prices continues.