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Hanwha SolarOne Co., Ltd Message Board

  • masonmachine2 masonmachine2 Jun 28, 2013 11:11 AM Flag

    Realistic value of hanwha?

    It is hard to put a near term realistic price target on this considering the $100 million loan, and the chinese market, and Hanwha billions in backing. The seeking alpha article made this sound like it was headed north like around $7-10. That seems crazy to me from these levels; but imho, in the next month, I think this could easily see $3.00. Any thoughts? 2.25 open on monday morning assuming a close around 2.10 today. The head fake this morning didn't induce panic selling, which makes me think a lot of people bought around 2.10 yesterday and know this has got to go higher.

    Sentiment: Strong Buy

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