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3 Comments
Wednesday Currency Roundup [view article]
Hey Grace,I was wondering if you could point me in the direction of a chart of the Colombian Peso that goes back at least 10 years (unlike yahoo). This currency has been on a serious tear for a couple of years now and I believe in is finally running out of steam due to the bias of the US Fed towards raising rates. Any help would be super appreciated!!!
Thanks,
Chris Jun 12 08:02 AM
Closing LDK Solar, Keeping Trina [view article]
I just bookmarked this article so I can follow your other sell reccs - you're a fantastic contrarian indicator! May 19 01:03 PMClosing LDK Solar, Keeping Trina [view article]
Mark - I do agree - when these stocks correct, 20-to 30% in a day or two is no big deal. And this could happen in the very short term if you get a bad report out of STP or a downgrade or oil corrects. BUT... LDK has built a serious bottom and Wall Street is starting to factor in that we are a few months away before LDK enters an entirely new level above the other PV solars. This is going to be reflected in the stock price BIG TIME. Already, the last quarter low-ball targets of $28 by Jaffery and the like are being ignored. Just like the market is rebounding because it is looking fwd 6-9 months, Wall Street is going to do the same with this company and is going to accumulate at these levels to get in before any factory announcements are made. Yeah it could be a bumpy ride, but I have seen this stock go up more than 15% in a day and once it gets going you are going to kick yourself if it gets away.Another point, this is a controversial stock unlike any of the others. It was marred by the whole Situ scandal and then, in the 4th qtr, Jesse Pichel was trying to find inventory accounting issues that would validate his Situ support back in sept/oct when the scandal broke on Barron’s. This whole issue is starting to truly dissipate for the first time as nothing was mentioned about it in the media following the first qtr results. For this company’s credibility, that is a major turning point. After all, this is really one of the main reasons this company has lagged behind all the other solars in the same sector even though the margins are amongst the highest.
May 18 08:28 AM