5 Solar Stocks That Are Burning Out

Prepare to sell or even short these five companies as bearish momentum builds

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5 Solar Stocks That Are Burning Out

Solar Power (SOPW)

112813SOPW 300x247 5 Solar Stocks That Are Burning Out
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A pink sheet stock, Solar Power (SOPW), is the perfect example of what happens when a frothy, speculative frenzy starts to unwind. After blasting higher since August, shares dropped 22% on Tuesday as the bulls bailed out. SOPW is now down 38% from its October high.

SOPW is a subsidiary of LDK Solar (LDK) out of China, which is under pressure itself as it struggles to meet debt payments

Read More: 5 Blue-Chip Trades for Black Friday

As of this writing, Anthony Mirhaydari has recommended TSL short to his clients.


Article printed from InvestorPlace Media, http://investorplace.com/2013/11/5-solar-stocks-burning/.

©2014 InvestorPlace Media, LLC

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