What does news mean to the stock. After hours is down more than a dollar.
5:53 pm JinkoSolar Holding announces concurrent offering of 2.75 mln ADSs and $100 mln convertible senior notes (JKS) : Co announced the commencement of the offering of 2,750,000 American Depositary Shares (the "ADSs"), each representing four ordinary shares of the Company, at par value US$0.00002 per share (plus up to an additional 412,500 ADSs pursuant to an over-allotment option), and a concurrent offering of up to $100.0 million in aggregate principal amount of convertible senior notes due 2019 (plus up to an additional US$15.0 million aggregate principal amount pursuant toan over-allotment option). The offerings are subject to market conditions and other factors. Credit Suisse Securities (USA) LLC is acting as sole book-running manager for the ADS Offering and the Notes Offering.
5:50 pm General Motors names Chuck Stevens Chief Financial Officer (GM) : Co named Chuck Stevens as executive vice president and chief financial officer, effective Jan. 15. He replaces Dan Ammann, who becomes company president on Jan. 15. Stevens was previously CFO of GM North America. Stevens, 54, became CFO of GM North America in January 2010.
Thank you, as I waiting for your decision. If you don't like to read the post then don't. I am merely getting my frustration out from this POS stock.
And what makes me worry is when almost all the solar stock are either up or down slightly, but this garbage is down hard.
The way this POS one time $300/share stock is acting, I doubt we will go anywhere for a while. There is always a reason of why the stock is being held down.
One day does not mean anything. You forget while market was hitting all time high last month we were losing ground everyday. For some reason the stock is extremely weak.
This is unbelievable.. So much weakness. SCTY and SPWR are up again.