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Aristides Capital
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Founded in 2008, we are the general partner of two private investment vehicles (closed to new investors) with a total of $83 million in assets under management. We are not an investment adviser; please do not contact us regarding investment advisory services. If you are an institutional investor... More
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  • Making Solyndra Look Like A Good Investment 0 comments
    Jan 22, 2013 1:28 PM | about stocks: LDK

    All of the money that local Chinese governments and related investment companies are putting into LDK Solar (NYSE:LDK) just blows my mind. >3x EV/revs for a commodity product company that is bleeding cash and should be in bankruptcy? WTF??!! Maybe they learned a lesson from Solyndra--if you keep injecting equity, the public will never know about the scandal. At least we are not short it. Phew.

    Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.

    Stocks: LDK
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