The 7.21 GW of fresh capacity that was completed in the January-March period marks an increase of just 70 MW from the first three months of 2016, according to the National Energy Administration (NEA).
Technicals are very strong now! We have to break our resistance of $7.28 to move higher! 3-month PT; $9.60 - $11.60
I expect soon the chairman will finalize his buyout offer for $9.50 per share to take company private. But, is it good enough for us shareholders? I say, NO. Buyout should be around the $14-$15 area. I would not vote Yes for a measely $2. This stock has a potential to be over $35 within 3 years.
I waited monyhs to win something that was lost just in few minutes. Welcome to JASO. 3-4 days like this and JASO will be pennies. And why CEO will privatize at$9,« plus, if he may go private at much lower price. Suffice it to sell some big quantities "in panic" to other persons.
Nice bounce over 7....we're on the right tracks again...
Going down to test 6.70, then up to 8.30. If 6.70 does not hold, down to 6.46.
Ok...needs to hold 6.50... We are taking damage from collapse of crude oil price...but in the red 9%...I think market is overreacting...
This doesn't all apply directly to JASO, but it's a good read.