LDK Solar (LDK -3.2%) made new lows following its bleak Q2 report (ed: LDK definitely took its...
LDK Solar (LDK -3.2%) made new lows following its bleak Q2 report (ed: LDK definitely took its time to file), in spite of earnings call comments in which the struggling, debt-burdened polysilicon/solar module maker said it was seeking "strategic equity investors," and that two companies "have shown significant interest" in a deal. LDK's Q3 guidance - LDK expects revenue of $220M-$260M vs. a consensus of $453.6M - is one reason for investors to remain cautious.
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