They know CSIQ has a PE of about 8. It should be about 15, which = PPS of $60.
Compare that to SPWR or FSLR.
As a 24/7 power source, people will be leaving the grid in droves.
Sit back and relax. This investment is going to be one for the books.
This has been a fantastic investment, from $20. just 8 weeks ago, and will continue to be a great investment
into the $40. / $50. range throughout this year. IMHO.
Tough days come and go. Hang tight through the Spring, and this will rise higher.
Being well positioned in a growing industry, I'm thinking a Buyout is very possible.
As per Bloomberg today.
Next Tuesday am, will tell all.
Or possibly beyond.
Then bring it back a little, appearing to be the time to sell. All they want is your shares.
Think about it, they know this will be in the $ 40. + range, before very long.
Wrong, CSIQ does not have 30% exposure in China.
The Company recently said they do very little sales in China.
OK, a double from here, by the end of the year as well. I'm game.
The GS $55. target could arrive this summer. In time for a upgraded vacation.