Canadian Solar Inc. - common shares (CSIQ) Social Stream
Featured Post From StockTwits About CSIQ
$CSIQ This another one of those joke sale days where the price rebounds immediately the day after. I'm fully loaded or I would have taken advantage as I had in the past on double digit drops to increase my position. Hope some of you all used this to your advantage.ottonad, published August 13, 2021
Seeking Alpha publishing this which does nothing to explain the irrational price movement "Shares of solar and electric vehicle charging firms are suffering heavy losses after nine moderate Democrats in the U.S. House said they will not vote for the $3.5T budget resolution until the bipartisan infrastructure bill passes."
This shift is happening with or without any government action or funding. The free market has already chosen the winners of next energy economy and the growth is accelerating without action from losers in congress. Likewise, any supply the US doesn't consume will be gobbled up by every other region on the globe. The only energy providers that need government subsidies and support now are coal.