The tariffs apparently are retroactive, otherwise a reduction for the 2012 case would be meaningless. So, a positive for the 2012, a negative for recent and going forward. Will those be recognized this (3rd quarter) when CSIQ became aware or for past quarters? Thanks.
Sometimes love is blind, you just do what feels right, and CSIQ going to 45 and beyond feels right. You know it too but you're too stuborn to admit it. We're not selling so why don't you short away. LOL
Here's the deal, you believe what you believe and we believe what we believe. Let's leave it at that and invest accordingly. Go ahead and short all you want, I don't care what you do. I'll see you at 50 before 30 on the stock price, however.
If you're short you are the clueless one. The market perceives value in yieldcos. As he said look at SUNE and TERP. Then, look what SUNE did with negative earnings simply by announcing another yieldco. Fight the market's view if you want.
Were you not smart enough to cover already? You know, hard headedness will make you go broke. 40 soon, if not today, then beyond.
Or the opposite. SPWR has a PE of 31.53 (per Ameritrade) and CSIQ has a PE of 8. If SPWR acquired CSIQ for $75 a share, in theory CSIQ's $4 earnings would add another $51 value per share to SPWR. That would be value added to SPWR of 6.78 Billion at a cost of $4.18 Billion acquistion cost. Would neatly manufacture $2.6 Billion in value by the combination alone.
Actually, understanding the yieldco strategy, I thought FSLR's drop was unwarranted and I picked up a few thousand shares of FSLR at $56.57 BE and I'm quite happy with the prospects. I see a $10 rise in the next 6 weeks to go along with my CSIQ where I see a $5 rise in the same timeframe.