The pumping is amazing - but anybody should read 'the news" as extremely negative. Official it was recognized that they are INSOLVENT. The question is if they will survive at all - not the pps.
China Renewable Energy Society saying that the country's top 10 solar panel makers are up to 100 billion yuan ($16.34 billion) in debt, with a debt to asset ratio above 70 percent on average.
Forgot Mr.D - appreciate your amazing insights.
That's the NEWS - deserves a headline. Uncle, OD, mikey , aprw, - what do you think?
Yea - the only problem is that officials recognized that the industry is in deep %^&^& . the debt can't be paid. I am waiting for the "analyst" upgrade again. What a joke! The price for tsl supposed to be at best at 8. And I said at "best".
That's an official - DB opinion - fluff!
"he country's top 10 solar panel makers are up to 100 billion yuan ($16.34 billion) in debt, with a debt to asset ratio above 70 percent on average."
"China's bloated photovoltaic industry still faces a grim outlook as many companies are deeply mired in debts,"
Down she goes sooner or later to the real value - 8.32. It is matter of time and personal risk tolerance. The pop is out of charts - don't forget this company doesn't make any money! Just pump and dump as always.
SO they got it at 2 bucks and now is 14.73?
Isn't that amazing? WOW - this is what I call a great trade. With the help of chinese guv and some manipulation. See you soon at 8 . I posted too much - just impressed by the move. Totally deserved after the 8% up - a fake....It is what it is - good luck and happy trading. Maintain my 8$ forecast....at the best.