canb888

Expect Continued Drops in Solar

Intentional or unintentional, you did not mention that LDK beat the street concensus for Q3 (EPS of 71 cents concensus vs. 77 cents actual on US GAAP basis) and they also guided higher for Q4 as well as 2009! Even annualizing 77 cents, LDK is less than a PE of 5 for a company that is growing at several hundred percentages p.a. and almost everyone agree/know that its going to grow even more in dollar sales once the two polysi plants are in production, i.e., 2009. Is it politically wrong for Wall Street to say anything good about solar these days? If not, why is no one saying anything good about LDK's achievement and their guidance? Now I see clearly the market is not efficient regardless of the Nobel Prize that went for the theory.