LDK Weakness Prevails on ‘Going Concern’ (LDK)
LDK Solar Co. Ltd. (NYSE: LDK) is seeing a lot of action this pre-market Friday. At 8:43 AM EST we have shares trading down another 7.4% at $7.27 on over 1 million shares. This one already fell from $9.20 on Wednesday’s close as a securities sale yesterday sent shares south on a whopping 17.49 million [...]
Solar Stocks & Options Flaring, Selectively (STP, TSL, CSIQ, SOLF, FSLR, LDK)
The market is selling off sharply today, but no one let the solar stocks know, which are rising sharply higher following positive earnings results and forecasts from SunTech (STP) and Trina Solar (TSL). The rise comes despite oil dipping 2.25% below $80 as that trade has unraveled and solar stocks are actually starting to have [...]
LDK Runs on China News (LDK)
LDK Solar Co., Ltd. (NYSE: LDK) is up big on news out of China. LDK has entered into an agreement with Yancheng City of Jiangsu Province to development PV power projects and it will develop a number of PV power projects, including PV ground-power stations and roof and building integration systems totaling up to 500 [...]
Trina Solar Beating Solar Shade (TSL, LDK, CSIQ)
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 [...]
Premarket Alert: LDK Solar (LDK)
LDK Solar Co. (NYSE: LDK) shares are active, up about 3 percent on more than 5,000 shares in very early premarket trading after the company announced plans to build five photo-voltaic plants in Italy’s Apulia region.
With help from private systems integrator SAEM Srl, LDK solar will build five one-megawatt plants. Construction will start in July [...]
Can solar stocks catch heat in today's trading? (SPWRA)
Solar energy stocks are mostly higher in premarket trading this morning, after UBS upgraded Sunpower Corporation (Nasdaq – SPWRA) to a Buy, calling it the best-positioned U.S. solar play.
The positive sentiment is also spilling over to many other names in the group, as they all can potentially benefit from the same trends UBS says could [...]
Price/Volume Surge: Solar Stocks (FSLR, LDK, SPWRA, TAN, SOLR, STP)
SOLAR STOCKS ON FIRE…….. As of 1:25 PM EST
First Solar, Inc. (NASDAQ: FSLR) $155.38 (+$21.40)
Day’s Range: $135.65 to $158.49; 52wk Range: $85.28 to $317.00
Volume: 5,305,547; Avg Vol: 4.1 million
LDK Solar Co. (NYSE: LDK) $8.35 +$2.46; +41.77%)
Day’s Range: $6.20 to $8.47; 52wk-Range: $3.75 to $52.40
Volume: 8,962,559
Avg Vol: 2.2 million
SunPower Corporation (NASDAQ: SPWRA) $27.81 (+$3.77; +15.68%)
Day’s Range: [...]
VOLUME SPIKE: Solar Stocks (LDK, FSLR, CSIQ, JASO, ESLR, SOLF)
We are seeing a sharp rise in the volume of solar power stocks this morning. Unfortunately, it is to the downside despite some peers holding up on the news. LDK Solar Co. (NYSE: LDK) issued a warning for Q4 and for 2009 revenues and margins, and you can see the full description of their warning. [...]
Solar Stocks Killed By SunPower (SPWRA, FSLR, CSIQ, STP, LDK)
SunPower Corporation (NASDAQ: SPWRA) is being hammered hard this morning after teh solar stock lowered its guidance. The company said that the rise in the US Dollar is hurting earnings. Outside of currencies, it maintained guidance.
It sees Q4 revenues between $388 and $418 million and net income of at $0.58 to $0.65 on an adjusted [...]
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