Tag Archives: fbr capital markets

FBR Capital Markets: Today’s Solar Stocks Rally "Driven By Innacurate Assessment Of China Subsidy News"

Hat tip to StreetInsider.com for the following comments out of FBR Capital Markets which basically said the run up in solar stocks today on the China solar subsidy news is an overreaction.

FBR said the “Golden Sun Program” will not save solar stocks entering earnings season and that the translated version of the press release issued by CMF suggests that the central government in China decided to support financially any electricity generated by solar PV … Read the rest