It looks like $2.50 is turning to $2.00/share. Buyers beware possibly bankruptcy in the near future.
Hi folks do you still holding this company thief what are you expecting they are Chinese , I dropped with Obama . You'll be surviving under the split for over and over shhhhhhhhhhhhhhhhhht
Why the clobbering this morning? Other solars holding steady after a bit of a rise recently. IMO, YGE has a great future, they are perfectly set up and ready, except for all that debt, which of course won't just go away. IMO, lousy future combined with huge debt burden = BK. Great future combined with huge debt burden = huge secondary which allows WS and Shanghai parasites in on a majority of the company. Dilution will be huge. Like a 500M share offering at $2.00. Sounds ridiculous, but it's not. Better than BK. JMO. If and when that happens, buy with everything you have.
A secondary is out of the question due to YGE's current situation and won't save them. I don't think anything will. At this point, they just dumped $46M of dwindling cash to pay off one set of noteholders while stiffing the 2010/2011 noteholders who were already chasing them. I think it's a fair question how much longer they can make payroll. I believe the last two days trading indicates YGE's endgame is near. With any luck, their capacity will be removed from the market and this will help drive some near-term pricing improvement. Normally, one would expect the equity to go to 0, the noteholders take over, and the company's operations just go on successfully with the debt extinguished, to the benefit of the new owners. That's US-style. But this is China, and the government may realize if a US-style bk occurs then it means YGE's capacity persists with marginal profitability and makes the supply/demand problem even worse for the remaining chinese solars who are still debt burdened. The government could instead simply mandate a a bit of industrial triage that removes YGE's production (and makes everyone involved a loser) - but improves the prospects for the remaining companies and eliminates some US/China trade friction. Just speculating, of course.... but I like FSLR here.
In the short-term YGE does not seem to be like a good trade. Im not sure about you guys but awe-someSTOCKS has provided me with some pretty good trade ideas. I messed up executing some of them but thats on me.
YGE need more than 50 mil. US in company value to avoid delisting. Thats the reason why go up.
That is so good news ! YGE should rise UP to $8.00+ !
The big winner here is probably asys? They own Tempress who makes the bi-facial equipment Yingli is using
$8.00 would be great.😀
YGE will probably drop to $2.50 again, then it will slowly rise to maybe $3.25-3.50
I start to buy, Hold and Buy !
ASTI going %1000 move anytime............................they got new funding
what's with this garbage company and why did it crash 17% today? I only invested $2,800 and I'm already down $1000 on it
2 year chart makes management look like a real winner team.... POS
asti and yge looking good for 2017
The Chinese government has decided that YGE is among four alternative energy industry companies that be supported and protected in the same way as other companies listed in the Seed Enterprise Investment Scheme have been.
ASTI time to sky rock to $1
upcoming Nov-earning Ascent Solar Technologies, Inc will see over 0.40
Ascent Solar Technologies, Inc.(OTCMKTS:ASTI)
Zacks has a STRONG BUY on this pig, do you think they know something we don't or are they just selling lipstick?
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