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ReneSola Ltd. Message Board

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  • matrixtrade123 matrixtrade123 Nov 16, 2012 4:59 PM Flag

    today close in green

    why do you think JASO is toast? they have some key Japanese deals as well as Chinese utilities.. they will be plant to Mexico and avoid tariffs.. I mean I like SOL as my favorite but I think JASO should make it as well.. they report Nov. 28th.. find out more then!

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    • I'm not so sure. JASO's revenues have fallen to almost half of what they were last year and their current liabilities have almost tripled during that time. How are they paying their monthly bills? Also, the quarterly loss has doubled over the past year, and the have diluted the company by issuing 30 million more shares. Add to that the real possibility of being delisted. For me, too many red flags. For all involved, I hope I'm wrong.

      Sentiment: Strong Buy

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