I am afraid we may see $23-24 range by end of week.
Shouldn't this have gone up big time?
Is it because of Japan falling into a recession so people are afraid the HUGE solar subsidy will now be certainly pulled? if that is announced that Japan removes the subsidy or lessons it.....how far will CSIQ drop?
you fell for the PR the technology really works when it doesn't.
The bad quarterly earnings from TSL, SOL, and JASO next week with continued decline of oil is certain will make CSIQ fall for another 2 weeks. And the possibility of Japan cutting back on subsidies for Solar can cripple price much more.
This is really bad with such heavy volume falling the last two days
Gross Margin for the three months ended September 30, 2014 was $1,309,106 (22%) as compared to $1,874,543 (29%) for the three months ended September 30, 2013. The reasons for the decrease in the margin percentage was a change in business mix and portfolio make-up. Our business mix had more transaction processing business in the three months ended September 30, 2014 versus the same period in 2013. Our portfolio make-up has changed as our older, higher margin portfolios have run-off and been replaced with new portfolio at lower competitive margins. The following table sets forth our gross margin mix.
Net revenues consist primarily of payment processing fees offset by breakage and mobile processing refunds. Net revenues were $6,026,961 for the three months ended September 30, 2014 as compared to $6,520,788 for the three months ended September 30, 2013. The decrease in net revenues is substantially all due to reduced
Russian mobile payment processing revenues as we restructured this business with new management and our own proprietary billing system and positioned it for future growth, which impacted revenues unfavorably by $549,802. Transaction processing fees in the U.S. increased $55,975.
We reported a net loss of $9,058,835 or ($0.23) per share, for the three months ended September 30, 2014 as compared with a net loss of $3,869,613 or ($0.13) per share, for the three months ended September 30, 2013. L
Loss from continuing operations (including loss attributable to the non-controlling interest) for the three months ended September 30, 2014 was $9,058,835 ($0.23) per share as compared to a loss from continuing operations of $3,175,474 or ($0.11) per share for the three months ended September 30, 2013.
Our net loss for the three months ended September 30, 2014 was primarily the result of a non-cash compensation expense in the amount of $4,621,436 related to stock compensation bonus to the CEO and a loss on debt extinguishment in the amount of $2,221,813.
Why do you think the Chairman from 2010 left on September 30th, 2014? He knew the game is over. Lots of newbies do not understand this. And of course, the CEO left first week in January. And, the current CEO is going to step down also.
Are you trying to pump and save yourself from the con job that caused you to buy in?
yes, chuckle chuckle. See you at $2 in a week.
But they were able to sell at $2.80. So, they got 40% more just by doing it 4 days before earnings.
Oh well, they got their money already.