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First Solar (FSLR +2.9%) is trekking higher following the U.S. government's official imposition...

First Solar (FSLR +2.9%) is trekking higher following the U.S. government's official imposition of anti-dumping tariffs against Chinese solar vendors, and LDK Solar (LDK -2.9%) and Suntech (STP -2.7%) are doing the opposite. The Chinese government was quick to denounce the tariffs, which are accompanied by countervailing duties of 15%-16%. But some U.S. manufacturers are disappointed the duties don't cover Chinese solar modules made with non-Chinese cells.
Comments (5)
  • LDK is down .03 cents, They have been in this range for the past month, I would doubt that the stock is reacting to this news. It is already priced to go out of business.
    11 Oct 2012, 10:03 AM Reply Like
  • This is all a show. The Chinese Politburo has been informed through channels that "Barack will have more flexibility after his last election."


    Not to worry, LDK and STP.
    11 Oct 2012, 10:13 AM Reply Like
  • free markets at work...why do I even bother showing up for work these days...
    11 Oct 2012, 10:22 AM Reply Like
  • And TSL and JKS are up.


    Note that the low end got lower - JKS is not worried and has stated that they will have positive gross margins despite the tariffs.


    Also, the Chinese have a good case - they all have positive gross margins.
    Margins have improved due to lower raw material costs and better production and assembly techniques - replacing labor with automation.


    If anyone thinks imposing of tariffs is good, or even good for FSLR, you have no idea of what is going on and how the industry has adjusted in a soon to be subsidy-free world.


    Q3 reports will be enlightening.
    I own JKS and only JKS as they were once the margin and profit leader and appears to be heading back there.
    This time with more customers, more countries and industry leading modules.
    11 Oct 2012, 10:52 AM Reply Like
  • FSLR solar panels are made out of cadmium telluride. They have to be recycled as hazardous waste and these panels shouldn't even be allowed to be manufactured. This is way worst than Solyndra.
    11 Oct 2012, 03:40 PM Reply Like
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