Trina Solar Beating Solar Shade (TSL, LDK, CSIQ)
Posted in GeneralAugust 18th, 2009
Trina Solar Ltd. (NYSE: TSL) is trading up over 3% after the Chinese solar player managed to beat earnings estimates. We would note here that there is a negative bias on the sector and many ‘sell the news’ trends have been seen whether the news was good or bad. At 8:28 AM EST we have shares up 3.1% at $27.25 on about 8,000 shares. With an average volume of 1.5 million shares, we’d expect to see more activity in the stock as the market gets closer to opening. This also has shares of LDK, CSIQ up as well.
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