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chomerics

chomerics
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  • JinkoSolar's Stock Is Likely To Lose 15% - 25% Of Its Shine In The Fall [View article]
    David, if you have followed the industry, and the spot price of silicon, you would know why they have lost money in 3 out of the last 4 quarters. They hit an inflexion point, and they are on the upside since the price has FINALLY become stable after going from what, $400/kg to around $15/kg in a matter of 3 years. For anyone who has been watching the industry, they know your analysis is absolutely wrong. I think that much is evident by the INCREASE in price after the initial slump due to the dilution.

    Your forward P/E numbers are looking at the past 4 quarters which contained the bottom of the inflection point. The last quarter is positive, henceforth; the stock has been one of the best on the market in '13 as David pointed out. Instead of acknowledging it, you tried to defend your article using a snippet of time without understanding of the big picture. . .welcome to investing 101, learn to live long. . .

    It is reading this stuff without insight into the industry that makes people bad investors. Bad advice is everywhere when it comes to money, just know who the people whom give bad advice are, and you will go far. I am not saying you always give bad advice David, but this was one time where you did.

    I wish I bought JKS, but I didn't have the capital in January when the spot price of silicon finally increased. Instead I bought 2K shares of SOL at $1.33, and $2.20; they are up around $4.50 now. Robert Dydo was spot on in his analysis, and the past few days have pretty much shown him right.

    In the next quarter, I am expecting JKS to better their $0.36 earnings, and you will also start to see the other solar players get out of the red and into the black. Look at the industry, look at what happened, do your due diligence, and read up on what is going on in the industry over the past few years. That will give you a better picture of all the players active, and pick the best ones. What your article does is analyze the past year with no insight to the industry, where it is, and where it has come from. . . You can't understand what is going on in a stock by looking at a chart, you need to understand the market, who the players are, what they are doing, and how they go about their business. Due diligence is the first rule of investing, the other stuff. . .just BS.
    Sep 26 04:22 PM | 2 Likes Like |Link to Comment
  • Renesola: How This Little Known Company Has Become One Of The Biggest Solar Shippers [View article]
    If you have followed the market, you can see that they absolutely can distinguish between the good and the bad players. In the past 3 months Renesola is up what 300%, along with JKS and CISQ while others such as Trina have done about nothing.

    The funny thing about all of this is that most people think they are smart about the market, yet ignore advice from people and then say nobody can understand it. The fundamentals on Renesola are still not strong, but all are pointing to the right direction. If you followed the marked closely, you would have bought in May after their forecasts went up, and the industry as a whole saw stability as the ASP stopped it's fall from $450/kg in 08' to $15-20/kg now. This allowed solar to achieve market parity in many places.

    People should start to short coal companies, as their stranglehold along with traditional fossil fuels for energy is going to evaporate to renewables and natural gas. Clean technology is going to get the lions share of money as the GOP is voted out of power in the next decade or so.
    Sep 5 04:24 PM | 1 Like Like |Link to Comment
  • ReneSola soars after Q2 results [View news story]
    Been watching this company for a while, and I think they have things figured out. They kept their debt load down during the solar implosion, yet managed to gain market share. I got in at $1.33 and $2.20 but I think it is going to go higher it broke through the $4.75 barrier today, lets see how long we can ride this one out.
    Aug 30 12:10 PM | Likes Like |Link to Comment
  • Jan. Existing Home Sales: +4.3% to 4.57M vs. 4.69M expected, 4.38M (revised) prior. Total housing inventory fell 0.4% to 2.31M existing homes for sale, representing a 6.1-month supply.  [View news story]
    It always amazes me, the amount of blind political comments strewn into financial analysis, but irony is all over this board so I will add a bit of my own. People can have their own opinions, but they are not entitled to their own facts. DJI was at 6500 20 days after he (Obama) took office, it is now approaching 13000. If my Calculus teacher was right, that is a 100% increase in stocks since then. I'll take that track record any day of the year.

    In housing, Bozer has it right, maybe a decade or so before it takes off again. Just look at the history of housing for the answer. It wasn't until 2000+ the housing market took off after a decade in the 90's of stagnation, coming after an 80's boom.
    Feb 22 05:15 PM | Likes Like |Link to Comment
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