I did not read the article so cannot comment on it. I imagine Hobo offers logical and analytical support for his outcomes. My view about Sunpower based on results of the company could not be more accurate, yet the market has kept the zombie intact to prove me wrong. My points in my articles were always logical, but logic is not necessarily mother of success in the market, certainly not in a short term. The emotion is.
SPWR is splitting its unprofitable business, which I think allows it to be absorbed into fog of nothing in time. In a short term there is an excitement that parts of zero will produce better result than zero. I do not buy it, and I have not bought SPWR having a future for likely a half a decade. Yet the company is still here.
Canadian Solar did pretty much everything right, it is one of most profitable companies in solar universe for period of 10 years, next to FSLR. I am sure someone could do a decade analysis on this to support my off cuff statement. Optics show that under $15 CSIQ is much more attractive than FSLR. Yet the chances are FSLR will be gaining here and FSLR will linger down to $12. CSIQ transitioned every piece of plan into action, modified it but managed. Since the prophecies about Canadian plants sold and disintegration of CSIQ as inevitable soon after, they won in Japan, won in Brazil, won in Mexico. Finally, they won in the US despite another prophecy about leading to bankruptcy acquisition of Recurrent.
Still for someone who got up from a decade-long coma and looked at the company today it remains as never fulfilled opportunity. This is the issue for solar as whole. A paradise for traders but nightmare for long term investors.