Because some greedy analyst downgraded SOL so they can buy more shares at lower price. It always happen to cheap stock just before it pops up big time !! Long will be awarded greatly next week.
I am sure they will work something out. Trade war harm both sides. It is not just solar, but many other trades too !!
Are you sure this is the best way ? SCTY got half a billion from GS and they did not issue more share to get that...... They have few other major funding too. How come RSOL can't do that ?
These politicians don't care about cash because tax payers are paying everything for them until their last day on earth. All they care is to save their face. You are just a vote to them. Donation from big companies is the most lovely to them.
I believe EU, US and China will make a deal. They need each other more than before.
I did, from yahoo site.
Employees: 2,510 334
Revenue (ttm): 133.81M 91.43M
Gross Margin (ttm): 0.40 0.23
Operating Margin (ttm): -0.57 -0.18
Net Income (ttm): -105.73M -49.1
EPS (ttm): -3.49 -1.84
Chinese banks did not help STP because the previous CEO was cheating big time and he did not want to give the money back.
I bet you that both STP and LDK won't shut down this year or next year. Some of the LDK debt will be forgiven by Chinese banks.
Please shot more shares, we need more short squeeze !!
No pull back if GS or other firms invest another $500 million in RSOL. Consider this, SCTY is at west coast and RSOL is at east coast. Both area are the most populated and rich area of this country. Why not invest in both !????!
RSOL has 2/3 of the revenue of SCTY !!!