Do we all believe in what we talk about? Are we enogh of believers to really act or do we just like to talk?

This is all about the fact that, even though the Green Party strongly backs renewable energy we all see different ways to make it real. Some of us have enough of a socialist leaning  that stock ownership may not not be something they would do.

Two of the stocks that were most bouyed by the idea of a Democratic Party victory in next year's election and the effect that it might have on the energy market were SunPower (SWPR on NASDAQ GS) and First Solar (FSLR on NSSDAQ GS). Both closed today significantly lower than their 52 week highs which they reached in early November and late December respecively.

SWPR closed at $74.25, 55^ below the high of 164.49.

FSLR closed at $164.75, down 42% from Dec. 27 high of $283.

It leads one to question the wide and rapid swings in these stocks. Were they merely over hyped? Is there a fundamental reason that they have lost favor? Might it be because the market came to the realization that the Democrats are not going to pull the plug on big oil subsidies and switch that money to renewables.

The Green Party strongly favors the ending of subsidies for coal and petroleum products. Market commentators are asking Can the solar industry live without tax credits?

Do individual Greens believe enough in renewables to actually purchase some of these steeply discounted stocks?

The way we each answer these questions indicates what we believe in and how strong those beliefs are.

(Data sourced from CBS MarketWatch).

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