All Q2 bad news are discounted . There is panel shortage and P/S of 0.25 is unjustified
During Q2 polysilicon prices were higher and panel selling prices were lower . This could result for not a strong Q2. But crash of the pps from 3.5 to 1.7 already discounted all Q2 bad earning . P/S of 0.25 is unjustified when there is solar shortage and new CEO from Samsung
I agree, although HSOL has had a lot of help with respect to keeping its share price in a hole. The solar sector is day trader central, and far too many people are trying to make a living off of the markets. Add to that the army of investment industry insiders who work very hard at keeping the playing field tilted in their favor, along with help from their proxies in Washington, and you get it from several directions... GL
Almost all the report metrics beside Q2 loss were bad. But at $2 the bad report was already priced in . There were strong signs of accumulation in the last 3 weeks and maybe this is a new era for HSOL stock.
The fact that HSOL had 3 analysts in the CC is really encouraging