trading last two days suggestion yge following stp
seems stp will continue producing. With not debt and bound to pay, stp may start to produce even more and lose even more and push the panel price to unblievable low. yge has no choice but to follow the same to wipe out common share holder.
I long some yge shares. getting harder to hold them.
STP was defrauded by German pseudo partner with 890 millions. This makes big difference between STP and YGE. YGE is expanding their businesses in China; STP is closing production units in China and abroad. YGE makes contracts with big companies like SAP and CGI-Poly and STP is not in conditions to do so. The survivor between the big Chinese companies will be the one that will make cooperation or joint-venture with foreign partners. YGE is in condition to do so, let say with big US Company or Israeli company, STP is not in condition. Their founder and former CEO is actually accused of fraud and may be taken to court.