JASO well have another HUGE LOSS reported on Monday. TSL will probably sell-off to $4.80 by Monday.
To many panicked sellers realize only Chinese solars left to report bad earnings. No Chinese solar can make money with US tariffs blocking them now from US market and upcoming European Union tariffs. Trina Solar is hit hard with a 53% tariff. Look for Trina to touch $4 range again a month after the 29th earnings. There will be a continued sell-off.
As long as you have Chinese executives, the company cannot be profitable. They only know how to enslave their people to work like dogs 12 hours a day. And the only way they know how to market and sell is buy pricing. They are soooooo stupid in this area. They should hire some Jewish CEOs and executives to know how to market and sell with a 50% markup.
This small cap stock has just huge swings. May 10th this was at $.80. May 13th it was above $6.20 briefly. Then May 14th it closed like $5.38 then yesterday it raced to $6.13 briefly and now it closed $5.37.
Any clue who is buying and selling so much? Clearly it isn't retail buyers and sellers with 10 million shares traded on May 13 or over 6 million shares yesterday and 5 million shares today.
This stock has such dramatic swings one way or the other. How can their predictions for shipments be down by -10% when supposedly the Chinese and Japanese market has increased DRAMATICALLY?????
Could it be the European market has dropped of the cliff for them. If this is the case, what happens when the European Tariffs are in place? WOW, THIS IS A SLAP IN THE FACE!
Especially when the previous 3 days trading was so impressive with huge volume.
Why the dramatic reversal?
So, the big boys clearly know something and loaded up when today's volume is 4 times the average volume. The SEC should investigate and put people in jail for this but they never do. DON"T YOU LOVE INSIDER TRADING?
tariffs are RETRACTIVE to March when they started keeping track. I am guessing some negotiation, agreement will be handed down.
I love insider information from four days ago!!!!
Sac capital thank you for your insider information
Don't sell as they have been loading up to sell much higher.
Then they will try to buy back in at $6
I cancelled the sell... it was a fake ASK, like how the high frequency traders create fake bid and ask to tempt people.
Remember, I posted this 4 days ago...SAC Capital already know the earnings for the 20th......why do you think they always make money?