Volume Spike Investor

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.  [...]

Solarfun Power Holdings (NASDAQ: SOLF) is being hit pretty hard pre-market on disappointing earnings.  Shares are doiwn almost 14% at $4.05 with 23 minutes until the market opens.  We have seen over 50,000 shares trade hands, and it trades more than 2 million shares per day.  Its 52-week trading range is $2.67 to $40.19.
JON OGG
DEC. [...]

As of 9:09 AM EST we are seeing a substantial interest in the price of solar power stocks.  Stocks in general rising are helping out, and the pop of $2.00 in oil today probably is not hurting matters.

First Solar (NASDAQ: FSLR) $92.81 close, $98.00 last, +5.6% on 23,000 shares.
GT Solar (NASDAQ: SOLR) $2.49 close, $2.86 [...]

Credit Suisse is out dimming some expectations for select solar company price targets this morning, and this has these solar stocks and other solar stocks giving back some of the profits seen this week.  JA Solar Holdings (NASDAQ: JASO), ReneSola Ltd. (NYSE: SOL), and Suntech Power Holdings (NYSE: STP) are all gapping down lower after [...]

Maybe things aren’t all that bad over at GT Solar International Inc. (NASDAQ: SOLR).  It posted net income of $5.1 million and earnings of $0.03 on revenues of $57.1 million.  These compare to a net loss of $5.0 million for the same quarter last year and a loss of -$0.04 EPS.  This was also a [...]

Suntech Power Holdings Co. Ltd. (NYSE: STP) is seeing a surge in both its price and its pre-market trading volume.  Shares are trading up over 4% at $38.90 at 8:40 AM EST on more than 130,000 shares pre-market after beating earnings and raising guidance.
Its new guidance for 2008 is $2.05 to $2.15 Billion in sales, [...]

We are seeing a huge gap up this morning in shares of SunPower Corporation (NASDAQ: SPWR).  After the close yesterday we saw an announcement that SunPower and OptiSolar signed an 800MW photovltaic supply contract with PG&E in San Luis Obispo County in California.  What is interesting is that OptiSolar’s 550MW Topaz Solar Farm was taken [...]

Trina Solar Limited (NYSE: TSL) has just posted its quarterly earnings report.  You can read the full analysis and comparison at 247Wallst.com, but the forward margins and Wall Street’s demanding more and more out of solar players is the key this morning.
Shares are extremely active and are giving up gains of the prior day.  An [...]