Hey Patto, I might misunderstand what you are saying. I have always thought that lower prices for Solar panels will benefit the distributors like SOO in the end. I also know that what happened last year, when SOO had to write off 4 mln dlrs of their stock is a one off. Bad luck. Major miscalculation, but as they said in their half year announcement: A new inventory management system has been implemented to improve its revenue forecast by reducing inventory levels. Thats good, this qtr they can take full advantage of lower panel prices
GOE Price at posting:
5.0¢ Sentiment: LT Buy Disclosure: Held