Hard to say... Many people are coming home, check this stock and worry, then put in sell order or sell limit order for tomorrow. So this may not stabilize for a few days. It is like CSIQ which sold more shares couple weeks ago.
Yeah, this is 1 day old. Check the news at marketwatch web site. Search for "ReneSola Polycrystalline Modules to Power Over 3.4 MW of Panasonic Projects"
Yahoo news is always late.
TSL has good news yesterday, it dropped too. Sometime, a correction is inevitable. You have to see outside picture and market condition.
Thanks for good news. Are they going to buy the parent company STP or its child bankrupting company 无锡尚德 or they buy both ?
From PV Magazine 16. September 2013
If Chinese companies Yingli and Trina Solar top the table, Jinko Solar saw its market share almost double from 1.9 per cent to 3.7 per cent thanks to a downstream focus, strong domestic pipeline and, according to IHS, 'remarkably low' production costs.
Meanwhile fellow Chinese concern Renesola cannot make and ship panels fast enough as the fastest growing module supplier of the lot. Renesola tripled its market share to 3.2 per cent with Jin noting it has already sold out its 2013 capacity and has started pre-selling for next year.
Agree. No one knows the future, 5 years is a LONG time in stock market. We are only looking at next quarter.
Even US stock is not good for 5 years. Look at APPL ! I was too late to sell it all.
With new capacity expansion restricted, small solar firm like CSUN is a good buy out target for big solar firms. Stock price can JUMP to moon when this happens.