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Renesola: Burning Hot Solar Stock

Renesola is an absolutley garbage stock compared to its top competitors within China; LDK solar. LDK solar is currently building a major polysilicon factory in China contracted to fluor that is scheduled for completion by the end of 2008. When this factory is up and running LDK will obtain 42-50% margins resulting in unprecedented EPS growth. In the last year alone, LDK has more than tripled both its revenue and income growth. Above all, LDK has siphoned more long term contract that any other wafer, and ingot manufacturer in the world; including MEMC the current market leader. The company has also completely sold out all of its inventory for 2008, and 2009. EPS expectation for 2009 are expected to be over 8 dollars a share, and at its current price just shy of 35 LDK would have a pe ratio of 4. It also has one of the most experienced management teams in the business including numerous employees who used to work for the market leader MEMC. Why buy SOL, when you can buy the undisputed leader and premier player in this industry ldk solar? good post, but sol is GARBAGE.