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Is There Any Hope For Solar Stocks?

By Rougemont:
The market has been rough for many companies but one of the worst sectors has been the solar stocks. The negative news has been coming in from many sources ranging from concerns over weak European economies to low profit margins due to pricing pressures. Just recently, another solar firm named Solyndra filed for bankruptcy, even after receiving strong praise from the Obama Administration and over $500 million in government-backed loans. I had been bullish on solar stocks, and I was wrong. It's too hard to invest in this sector because of the dependence on government subsidies, which may not be easy to come by in the future due to strained budgets, and also because there is a strong bias against Chinese companies, which has made them easy targets for short sellers. Also, it appears some solar companies were far too optimistic with guidance and other statements that were made earlier

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