cos1000

Two Calculated Risks Possibly Worth Taking

David White

If you go to the FORM 6-K filed with the SEC, dated 11/19/08 you will find that the 106M shares outstanding (TD Ameritrade) is for 6/30/08, and the 113M is for 9/30/08 quarterly filing. Short Interest is also being effected by $400M in 4.75%, Senior Convertible Notes that have been sold over the Summer Months and have Prospectus updates filed with the SEC, if interested. These notes would routinely have the buyers also short the underlying equity to hedge their investments. The notes also have a convertible price of roughly $39 / share at maturity.

The only other point that I would add is if LDK it truly going to Rally in January because of Obama's green infrastructure, you need to keep in mind that LDK is a China based vertical manufacturing operation, with its US based offices in California. Its shares here are ADS and its company registration is with the Caman Islands, not the US. It may not benefit from a US push to increase a manufacturing industry here in the US.