Dang you shorts just got rape.... Up the #$%$ with no lube...
Canaccord Genuity initiated coverage on Canadian Solar (NASDAQ: CSIQ) with a Buy rating and a price target of $43.00.
If Nq has $283 million in cash, why sell 5.88% stake to use to purchase other business? Makes no since
Also why haven't the executes purchase NQ Mobile $3M Worth of ADSs like they promise back on Nov 12 2013? What ever happen to the buy back program? Why has it taken over 8 months & still no up date on audit ? You have to be insane to buy this stock, it's run by crocks...
Time to Refocus on Fundementals, Says Analyst
SolarCity (Nasdaq: SCTY) is lower Monday following cautious commentary late last Friday.
The WSJ noted that SolarCity uses a metric called “retained value,” which estimates how much future income from the power SolarCity's customers purchase, net of costs, is worth in today's money.
SolarCity assumes 90 percent of customers will renew leases after the original 20-year term is up, which is an aggressive assumption. Those renewals account for 29 percent of its retained value estimate.
Another questionable area is backlog panels that customers have signed for, but haven't been deployed. Backlog ceased to be reported in May 2013 under the assumption that time between a contract being signed and panels being deployed made the metric less relevant. You can calculate the metric by dividing retained value by value per watt.
The risk to these assumptions is sales in the backlog can be canceled. SolarCity doesn't disclose cancellation rates for signed contracts. The company previously would impose a fee on canceled contracts, though that fee isn't being enforced as heavily, if at all.
Shares of SolarCity are down about 0.4 percent.
is to never make a profit, like SCTY, now up 18%. Mean while JKS which has made about $2.80 is in a down ward spiral with no end in sight. Hope when JKS reports earnings they announce huge losses like SCTY, that why we to can go up 18% too. LOl...
SHANGHAI, May 6, 2014 /PRNewswire-FirstCall/ -- JinkoSolar Holding Co., Ltd. ("JinkoSolar" or the "Company") (NYSE: JKS), a global leader in the solar PV industry, today announced that it reaffirms its guidance for the first quarter of 2014 and full year 2014: total solar module shipments are expected to be in the range of 440 MW and 470 MW for the first quarter of 2014 and total solar module shipments are expected to be in the range of 2.3 GW to 2.5 GW, with total project development scale expected to be above 400 MW for the full year 2014.
The Company plans to release its unaudited financial results for the first quarter ended March 31, 2014 before the open of U.S. markets on Tuesday, May 27, 2014.
JinkoSolar's management will host an earnings conference call on Tuesday, May 27, 2014 at 8:00 a.m. U.S. Eastern Standard Time (8:00 p.m. Beijing / Hong Kong the same day).
Rotflmao at u! What rock did you just crawl under from? Your problem is you hate the truth. Keep posting I enjoy begin entertain by a fool!
An investigative team assembled by NQ Mobile found no evidence it engaged in the fraudulent conduct alleged by Muddy Waters and said its cash balances were “verifiable and consistent with public disclosures,” according to a statement from the company distributed by PR Newswire. The team did make recommendations to improve internal controls, the company said.
“Hopefully it’s an indication that this has primarily been a manipulated campaign to smear mud at NQ,” Jim Oberweis, president of Oberweis Asset Management, which holds shares in NQ Mobile, said in a phone interview from Lisle, Illinois. “It takes a long time to defeat those types of campaigns, but this is a great first step. We’ll continue to hold our investment in NQ.”
Gpro is selling at 180 times earnings 6 times revenue, & 100 times book. Nice try!
You & your so call "Wall Street buddies are clueless idiots. This has nothing to do with tax selling you fool, this is trading at it's best. Small float with fewer the 20% Held by Institutions .What's been taking place is force selling by the shorts, nothing more. I cover my short position in pre market. Check out the beta on this stock 5.67 extremely volatile stock.
SHANGHAI, China, April 14, 2014 (GLOBE NEWSWIRE) -- JA Solar Holdings Co., Ltd. (Nasdaq: JASO) ("JA Solar" or the "Company"), one of the world's largest manufacturers of high-performance solar power products, today announced preliminary results for its first quarter ended March 31, 2014.
Based on preliminary financial information, JA Solar currently expects total shipment volume in the first quarter of 2014 to exceed 620 MW, ahead of its previously announced guidance of 580 MW to 610 MW. The Company also expects sequential gross margin improvement in the first quarter of 2014.
Furthermore, the Company reiterates its full year cell and module shipments guidance of between 2.7 GW and 2.9 GW, which includes 200 MW of module shipments to the Company's downstream projects.
"We are proud that solid execution in the quarter enabled us to exceed our previously issued guidance," said Baofang Jin, Chairman and Chief Executive Officer of JA Solar.
First quarter 2014 preliminary results are subject to change based on the completion of the Company's normal quarter-end review process. The Company expects to report first quarter 2014 results sometime in the first two weeks of May.