burton

The Sharp Edge of Solar: Are Solar Stocks Cheap?

LDK P/E is now around 15, and FP/E around 5. The growth of that company is incredible, and investors are starting to notice it, so price has been going up steadily, even though more than half of the float shares are short. A huge short squeeze is expected.

LDK Solar Worth $23B?

You forgot the impact of the polysilicon factories on the margins, which will rise higher than 40% by the end of 2009.
But yes, LDK is extremely undervalued.