Canadian Solar (CSIQ -10.1%) is tanking following a weak Q4 report. Not helping matters is the...

|About: Canadian Solar Inc. (CSIQ)|By:, SA News Editor

Canadian Solar (CSIQ -10.1%) is tanking following a weak Q4 report. Not helping matters is the company's guidance for Q1 module shipments of 340MW-350MW, down sharply from Q4's 436MW. Canadian does expect its full-year shipments to reach 1.8GW-2GW (up from 2011's 1.32GW), but given the solar industry's current state of affairs, the Street might be skeptical about its ability to hit that target.