LDK Solar (LDK -6.3%) continues to bleed in the wake of yesterday's Q1 miss, with the help of...


LDK Solar (LDK -6.3%) continues to bleed in the wake of yesterday's Q1 miss, with the help of critical notes from Mirae Asset and Argus. The former points out LDK's Q1 gross margin was a stunning -65.5%, and expects its module sales to suffer from the November implementation of U.S. anti-dumping tariffs. The latter thinks the 2H revenue forecast implied by LDK's full-year guidance is unrealistic, given poor macro conditions.
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