I am down $35K in solars :( even 2008 wasn't that bad to be honest. that time entire world was down so I wasn't scared but this time its only solars and it looks like we all longs will loose our hard earned money. not sure if there is any longs left except me who is holding this stupid POS at average $10
When you invest a chinese company, you have to weigh how much you can live up with accounting irregularity. The accounting fraud is common across Chinese firms in China.
Most of these highflyers solar included have inflated their earnings with fat realestate investment. Most of solar companies not neccessarily profit from their solar business, instead they can profit a lot more from the appreciation of the land that were given by local government at discount price or sometimes free.