truth hurts...hindsight is always 20/20...
Thanks for your effort but we're probably not going to be able to stop them.
I think just learn to play the swings. JKS and CSIQ have gone from the 20s to the 30s and back to the 20s many times. We could get rich just doing that. This cycle seems pretty reliable.
Going purely doesn't work well in solar right now. Unless you got in in the recovering around early 2013 or so etc.
This is an extremely depressing comment, but true. At least sometimes. Something to think about.
I don't think JKS has too much more downside though. This is because of oil, and sentiment turning a little negative right now.
If we play these swings, we can get rich. Buy JKS and CSIQ in the 20s, sell in the 30s. Repeat. They've probably gone through that cycle 10 times or more the last year or 2. Or buy TSL around $8-$10, sell a few points higher, repeat.
Or we find the next overbloated stock like NTFLX or FB. I thought it could be Spotify which will probably IPO soon. But too much competition now with Google Music and Apple Music etc so don't know now...
how many times have we seen csiq, jks, tsl hit earnings out of the park, only to be disappointed time and again that they don't rocket up like overbloated nflx or fb or the others...
How to accomplish this;
type in Google "Eric Schneiderman complaint forms". First link navigate down to "printable forms" and download "Investor Protection & Securities Bureau Complaint Form PDF"
Adobe Acrobat reader can edit the form. Please fill out and fax to number on the for using a free online fax service, or a home/office fax.
All four of these names experienced exaggerated losses Vs. peers who trade on alternate exchanges w/different market makers.
Knight Capital group Holdings is a massive HFT Firm who also engage in the market making business. In fact, the HFT & Market Making business is part of the same division.
The biggest CN solar decliners today all had one thing in common; KCG is their NYSE DMM.
If you are sick of this, please write NY Attorney General Eric Schneiderman. Trust me, forget FINRA & SEC, those two have the fox guarding the hen house. The NY Attorney General is the only entity that will possibly make a difference.
Thank you for your time
oil is part of it. But the slow in the reported growth of China is the rest of it. Apple got tanked because of slow Chinese growth.
And yet JKS was correlated to oil during its 2014 decline, and its 2015 ascension (as were all solar stocks except for SUNE). Today it is up on an ugly tape.........because oil is up.
same bs everyday...tied on the share price...even the bid and ask are the same...what a joke...why not just delist one of them and trade the other...
It matters, i can't believe I am even having this conversation. Go look at all the Chinese companies like QUNR and BAIDU that are listed on the NASDAQ but still effected by SSE. You see that giant dip they all have between July 15-16. That is a market correction. It happened to a lot of Chinese companies that day, JKS included. When any market corrects that much it has an effect. It doesn't matter where it is listed, it matters where the company is. I'm not saying it is the only reason why JKS is down, but with that much volatility in a country exchange it bound to have consequence.
it does matter and it matters a lot. chinese solars could easily double quickly.
Is the stock also listed in China? Does the SSE correlate to prospects for solar? Has the Chinese government changed their solar ambitions because of SSE volatility? JKS was falling from Oct to Dec while the SSE was climbing.
You do realize the Shanghai Composite had corrected almost 40% when it hit $23. So there is a reason, the Chinese Stock Exchange was correcting.