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Casual Analyst
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Mid Market M&A consultant specializing in technology and energy industries. Individual Investor for over 25 years. Growth oriented investments primarily in market leaders and technology leaders. Investment philosophy is long term buy and hold with average holding time of several years. A few... More
  • Yingli Reduces Guidance And Looking To Raise Money 0 comments
    Aug 27, 2014 9:43 AM | about stocks: YGE

    From the second quarter PR:

    "The Company is currently exploring financing options to alleviate near-term pressure on the Company's liquidity and enhance financial flexibility."

    Also annual guidance reduced to 3.6-3.8GW range.

    Likely to lose #1 ranking spot this year.

    Not looking good. We will have more on this later.

    Disclosure: Long YGE Puts (i.e. bearish)

    Disclosure: The author has no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.

    Themes: solar, china Stocks: YGE
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