Impressive. Very impressive.
Anyone care to compare FSLR profit potential to IOC? It would seem to me FSLR was driven down by Chinese competition, some of which has subsequently gone bankrupt as their sales margins were simply too low to sustain the companies.
But is FSLR selling into a market where the current product sale price to current asset value ratio is 5 or 10:1? $0.60/mcf can generate $14-6=$8/mcf gross revenue if the gas were to sell, raw, for $2/mcf. This current asset value continues to ignore condensates, dinosaurs, mammals and fish.
I would expect a short squeeze involving something with value more funjuible than photovoltaic manufacturing, and with a higher potential gross margin to current asset value, would be capable of inspiring a greater magnitude squeeze than seen with FSLR. But as I said, the FSLR move was impressive, very impressive (and good for us all).
JMHUO.
Anyone care to compare FSLR profit potential to IOC? It would seem to me FSLR was driven down by Chinese competition, some of which has subsequently gone bankrupt as their sales margins were simply too low to sustain the companies.
But is FSLR selling into a market where the current product sale price to current asset value ratio is 5 or 10:1? $0.60/mcf can generate $14-6=$8/mcf gross revenue if the gas were to sell, raw, for $2/mcf. This current asset value continues to ignore condensates, dinosaurs, mammals and fish.
I would expect a short squeeze involving something with value more funjuible than photovoltaic manufacturing, and with a higher potential gross margin to current asset value, would be capable of inspiring a greater magnitude squeeze than seen with FSLR. But as I said, the FSLR move was impressive, very impressive (and good for us all).
JMHUO.