TSL actually went green just a while ago, after reporting a disappointing statement. Yet, their stock turned green while SOL continues to be in the red. Heck, even YGE is up today. I really don't understand. I've had to miss a report that would explain why we're down.
Sol reaffirmed guidance when they announced the anti-dumping investigation. Since the poly-plant was down first quarter and they announced margins of 9-11% after quarter one, margins should increase with the decrease in poly cost.
April options expire on Friday.
So the stock price probably won't get much above 3.00 before next week.
With oil prices going up, solars are looking better and better.
Loading up the truck.
SHORTS, with the manipulation from Market Maker, trying to scare people and getting rid of weak hands..look like.
You dis not miss anything..... SOL might turn GREEN at the end of the day.
SO OVERSOLD already.
It is odd and concerning, frankly. Are we due for a secondary (not trying to start a rumor, just trying to understand strange trading pattern and I can't think of anything else that explains SOL being the solar stock down today and down significantly. But they would be idiots to be trying to raise capital at this moment.