Desperate loser is here again. How does it feel to know that you are worst loser trader on this board? You panic sold when stock was going down, now you shorted it and it is going up? Must feel horrible knowing that your mother disowned you for being such a pathetic excuse for a man, a limp d*ck, a #$%$ loving liberal loser.
Keep losing the money #$%$. I will keep taking it from you and smashing every woman you can only dream about.
Ignore that loser fool, he already showed that he has absolutely no discipline as investor or skill as trader. The moment stock went down, he panicked like a mangina and started crying for attention on this board.
Then he commented that he sold at a loss and went short, so he is about to lose some more money as I predicted.
Good job tvtran168, real loser you are.
Loser is a loser. You are a weak hands p*$$y, your post history and hysteria clearly shows it. If you had any brains to do DD you would know that it is 4th or 5th time JKS does the up-down swing. Last time all weak hands got shaken out at $25 and stock went to $38. Now we are hovering at $29, on the way up we will touch $40-43.
Your posts and lack of patience already tell me that you are a huge loser in the market and you will continue to lose money due to no discipline and small, make it non-existent testes.
Well said Yan. Posts like OPs is the reason why I avoid giving any advice or respond to most posters. People buy stocks with no understanding of what they are getting in. Anyone who did even the minimum of DD will know that solar sector as a whole is coming off a severe downturn, YGE is on of the companies that will be last to return to profitability due to big debt and highest production numbers, and YGE is guaranteed to remain volatile and remain susceptible to short attacks as it is still an unprofitable company in the short term.
YGE is a LONG term investment. 1 day loss, 20% loss this month is meaningless OP. You buy this stock for the next 10-20 years.
Just like other Chinese solar companies JKS was a distressed company with high risk of default, hence the high interest on borrowing.
If JKS can continue posting great earnings they will be able to easily restructure the debt. If Chinese solar power targets stay in place and JKS keeps their margin above 20%, the 2014 will be a great year.
You can read the latest ER text to understand the strong position JKS is in. They already have FULL capacity booked for the first half of 2014.
China is still expecting a 11.8GW of new solar installations for 2014. JKS has a strong position in the Chinese market and one of the best margins in the business.
US and Europe solar markets are stagnating compared to China, so installers and manufacturers who relied heavily on those two markets will be hurting.
Lastly, JKS is one of the first solar stocks to post GREAT earnings, while most other companies are still posting losses.
Long term potential for JKS based on the latest QER is phenomenal. If in Q3 they earned $1.42/share, and they projected higher earnings in Q4.
If you conservatively estimate that Q4 earnings will come in at $1.50/share, than a very conservative prediction for FY2014 earnings would be $6/share. At current prices we are just trading at PE of 5.
If Q4 results are good and show EPS over $1.50 I believe that we should see a great run past $45 and possible to $60 in the first half of the 2014.
This is a long term play, and among the Chinese solar stocks it is one of the best bets.
Stay long longs.
Sentiment: Strong Buy