JA Solar Upgraded Before Earnings (JASO)

Posted in pre-market 
November 9th, 2009

JA Solar Holdings Co., Ltd. (NASDAQ: JASO) is soaring this morning.  Morgan Stanley raised its rating early today to OVERWEIGHT from Equal-Weight this morning ahead of earnings.  As the conference call for earnings is just tomorrow, it seems traders feel the Morgan Stanley team might know something or have better insight.  At 9:14 AM EST we have shares up almost 6% at $3.93 on over 150,000 shares.  Average volume is over 5.4 million shares and the 52-week range is $1.55 to $6.29. -JON OGG

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