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ReneSola Ltd. Message Board

  • austinag3 austinag3 Mar 1, 2011 10:26 AM Flag

    Now, All the Solar Stocks I Follow Are Green

    Looking good.... SOL will turn green later today for sure.

    The earnings were good -- $0.69 per share. Met earnings expectations but slightly missed on revenue and guidance. Slight pressure on margins.

    All and all, a very good report for a way to oversold stock.

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    • you probably shouldn't be investing in stocks....is it oversold, probably, but the red day stems because an amazing knock your socks off, blow the analysts away quarter was already built into the stock price and it didn't happen. Not to mention they were expected to guide much higher for 2011.....None of that happened. Sure they turned a profit, but nothing above what traders and investors actually believed they would.

      It doesn't do any good to just meet analyst expectations these days....in the solar world you have to crush estimates or you get neutered. We all got neutered today.

      It's time to grow another pair and hopefully we'll get some good solar news in the next couple of weeks. If we keep getting pessimistic news like yesterday (Italy), this thing will be in the 8's and then maybe 7's in no time.

      It pains me to see this....believe me, it really hurts the wallet, but it's reality.

      SOL disappointed today....in a big big way.

 
SOL
2.620.00(0.00%)Jul 22 4:02 PMEDT

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