The Stockaccumulator

ReneSola: Secondary Offering Pressures Shares

The above nice article is now old news today June 13, 2008. SOL (Renesola) is the immediate amazing opportunity/play today, June 13, 2008. Research SOL, and you will see it was going through a temporary no reason pullback by US traders, while under accumulation that will be picking up by asian institutions/traders (and perhaps europeans, see each evening on the London exchange, it picks up significantly while the US drops the stock the next day). The recent ADS's issued is a normal thing when needing immediate capital to purchase equipment needed to build up supply. The demand for SOL products is now huge, and profit growth has been exponential the last 3 quarters. PE is only 18, and IBD (Investor's business daily) lists SOL as the 4th best company in the world to invest in. A temporary short duration pullback, while current analysts still suggest a $40 share price perhaps by late summer, or fall. Asians know SOL as a well known product, and solar panels are appearing all over asian towns and cities on street light posts, etc. Not so with americans and impatient US investors are simply changing hands with SOL shares, and Hong Kong, Tiwanese and other asian investors (and likely europeans are gradually picking up well known headline making SOL shares. Soon the stock will return and go beyond its $29 high, but the shares then be mostly owned throughout asia. The continued asian accumulation will pick up shortly... excellent opportunity. Compare SOL with other solar plays. Most have no PE (ie., no real profit, or the PE is very high, ie., 50 to 205). SOL is an unusal immediate opportunity.