Wednesday, March 25, 2009

Short Sellers Double Down Against Green & Alternative Energy (CSIQ, CPST, CLNE, ENER, ESLR, FSLR, FCEL, SOLR, JASO, LDK, SFUN, SPWRA, STP)

From 24/7 Wall Street:
There was what appears to be a massive increase in short selling for the period report ending March 13, 2009. The short selling increases in companies like First Solar, Inc. (FSLR), Suntech Power Holdings Co. ( STP), SunPower Corp. (SPWRA) and others were well into double digits....MORE including table.
The WSJ's Geoffrey Rogow said in the MarketBeat piece "Undaunted, Bears Put Down More Bets":
The bears have tired of betting against banks, but they’re placing plenty of bets elsewhere....