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Suntech Power Holdings Co. Ltd. Message Board

  • stan91724 stan91724 May 14, 2008 2:50 PM Flag

    YGE support=25.50 now

    I would expect YGE to bounce off of 25.50 once or twice unless earnings are a blow out...Any weakness with an oil down move ect...And that is where I would be a buyer...

    Hold core through earnings...

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    • it will be interesting

      much less risk to buy stocks that have not run up into earnings - now the risk/reward becomes more dicey as the stock has already run up into earnings and expectations are higher

      we shall see

      YGE is a good sized co - 2nd largest Chinese so I wonder if their larger size will be an impedent this Q with the polysili issue.

      I just wish these stocks would start trading independently of each other - not healthy to see a whole group move up or down constantly without any independent thought to each name.

      • 1 Reply to markox5
      • Hello Mark...

        If oil has another quick drop as the dollar strengthens then the solar space pulls back a bit...thought about selling June calls on YGE today but just sold all my calls & trading shares...The chart says it runs but I could have a chance to buy back at the 25.50 area & even a dip below...20 ema crossing above the 200ema is huge but 5 bucks up in 2 days says to me don't be a pig...

        Oil is the key...Just do an overlay with the chart of dig...

        Bought some DUG today

 
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