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User 162108
1 Comment
LDK Solar: A Bargain Too Good to Ignore?
I think that LDK is cheap now, but there is a lot of cheap companies now. This is the beginning of a Bear market, don't forget that.
So far only 200 billion dollars have been underwritten, that is only a third of the 600 billion dollars that should be underwritten. My source is Bloomberg and my own statistical data.
I expect another 30 % drop in market prices. I will buy in 12 or 18 months.
Sorry for my poor English (it is my 3rd language).