CSUN isnt a junk company. The over-riding problem was silicon supply which was expected to clear up in 2008, that was the problem with this company. SOLF had the same problem...Both CSUN and SOLF had some notable scientists and researchers, incredible growth, but they were both overleveraged and depend upon the supply of silicon. Either they are to go out of business or they resolve their supply problems.
However, we are now nearing 2008 which means...the supply problem might be over soon. Solar isnt going away. You cant simply string copper wires across some of these developing countries. If you have been to Asia, India, Middle East or South America, then you know the problems they face in terms of power. The only solution is solar panels.
Look at the chart and tell me if its a bullish or bearish...What do you see?
However, we are now nearing 2008 which means...the supply problem might be over soon. Solar isnt going away. You cant simply string copper wires across some of these developing countries. If you have been to Asia, India, Middle East or South America, then you know the problems they face in terms of power. The only solution is solar panels.
Look at the chart and tell me if its a bullish or bearish...What do you see?
