I wondered what happened to you. I will miss your input. Good luck let us know if you get any new sources of information. Thanks
Are you still feeling confident it will get to 7? I thought 7-10 but have not felt so sure lately with the short action. I have some concern about the previous offering done by Roth Capital. They give the company 70 million and then say they have too many headwinds and down grade the stock.. It smells their ADS conversion is 6.02. With warrants I assume they are shorting against their future shares thus the naked shorting numbers. The possibility of another dilution creates another set of difficulties.
The plus with the OEM strategy is now up in the air with the possible reversal in tariffs. Their margins this quarter should be improved. The cost of poly and reduction in cells which will soon go up if the tariffs are kicked to the curb. Looking forward to their numbers for this quarter and forward guidance.
Their DG strategy and selling to retail is definitely the future but it should like more expense as well. What are your thoughts?
September 11, 2013 Sol raised 70 million through Roth Capital as sole placement. They have 35% warrants and a strike price of 6.04 ads. They downgraded SOL for too much "headwind" with a target of 2.75 after raising target to $5.00 in March 2014. How much do they make from shorting the stock? I believe this is the reason SOL is not moving ahead and the "naked Shorting" would be their shorting against their placement. Sixty five million dollars worth of bullets can hold this stock down until they are ready. Comments please.
After reading the recent article on Jaso and Sol. One of the posters commented that the bond holders were shorting against the price they bought into the stock. I wonder if that is not what is happening to sol. The last offering was bought at I believe 3.66 to convert to common shares. This maybe the stall factor on SoL. Welcome your comments??
How comfortable are you reporting to the SEC? I would also cc: the White House, web address and your congressman . You are more likely to get accountability if you include your congressman and the white house.
Thanks I was hoping $8 would be the target this year. FYI sent a complaint to yahoo for the harassment on this board from the person relentlessly taunting you and posting dribble.
When you compare JKS with SOL, JKS has 1.27B in revenue and total debt of 963.25 mil and earnings of 237.43 million. Sol has revenue of 1.65 B in revenue total debt of 835.47 mil and earnings of 103.26 m. What are those "intensive capital expenses" that are driving down earnings and margins?? I realize the poly plant has been an albatross historically but now should be an asset going forward until 8 and 10 dollar poly comes on line in the future.
Last year 1.98 in JUly and 5.69 in September you are being conservative with improved profit and margins I think this should be their year for total recovery very north of $5.
Sol also has large appearance in Japan. Concerns:
1) they are down to last $50 million in cash.
2) TsL just did an offering. I hope SOL is not headed in that direction.
3) When will they start to show profit. There is a lot of expense with warehouses etc. to maintain using this strategy.
4) Why are they distancing themselves from the Chinese market?
It is on Sol's site go back and check again. Interesting Sol was killed when they stated they would do small projects with large margins and the oem strategy is in place. Now with what is happening tariff's, cost of doing business for large projects, other solars are starting to avoid large projects. While Sol's comments are unpopular they seem to have a sense of what is really happening in the market and act before others. I believe they will be rise to number 3 status before the year is out.
The next threat with be the overproduction of poly again 2015.
I am hoping for price target of $8 but I think you are close to accurate. What is up with your psycho bud die.
Tried to respond to you messages would not post. Contact SEC report abusive naked short selling