Street knows the worst is behind us

luckygoose

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Friday, April 26th 2013, 10:35am

Street knows the worst is behind us

What you see now is that the bigger money is coming into the stock. The street knows the future looks very bright from now on with regard to CSIQ. The shorts have none to very little change of getting news on which they can take the stock down.

You see now regularly trades between 50K and 140K. These positions will be defended by big money and high frequency trading with the computermodels of the shorts will be made more difficult from now on.

The train is leaving the station.

Luckygoose

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luckygoose

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Friday, April 26th 2013, 10:50am

It even looks now that the hight frequency trading has been turned on the other direction.

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rational_judgement

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Date of registration: Jan 17th 2013

Friday, April 26th 2013, 10:51am

Seems like someone is watching my trade. I sold some at 5.1 thinking that it has gone up too fast. But no. It continues to go up...

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odyd12

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Friday, April 26th 2013, 11:54am

if one was to expect profitable surprise by ReneSola in Q1, people seem to be betting small farms on CSIQ with greater conviction.

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nanofrogfish_spf

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Friday, April 26th 2013, 11:57am

Finally, a legitimate reason to say...OMG!

Looks like somebody (with deep pockets) knows something...and the best is yet to come IMHO...

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luckygoose

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Friday, April 26th 2013, 12:02pm

Investors know that CSIQ can mention something about their EPS for the whole year with Q1. Therefore they want to get in before the market understands this.

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pg6solar

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Friday, April 26th 2013, 12:04pm

Yes, huge volume by CSIQ's "standards". What's also interested that PPS is passed TSL's by good 10%. Are we going to get 2010 all over again? (as far as relative price appreciation that is)

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MichaelZhao

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Friday, April 26th 2013, 12:09pm

Quoted from "nanofrogfish_spf"

Looks like somebody (with deep pockets) knows something...and the best is yet to come IMHO...

Quoted from "nanofrogfish_spf"

Finally, a legitimate reason to say...OMG!

OMG! Congratulation nano on your CSIQ.

I guess I sold too early, but I am satisfied with my return on CSIQ.

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nanofrogfish_spf

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Friday, April 26th 2013, 1:29pm

NC defeated attempts to kill of renewable targets...as noted in this pv-tech news release . CSIQ had over 100 MW of projects there, with more to come. Maybe some of these were at risk?

Doesn't explain this big of a spike tho...

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nanofrogfish_spf

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Saturday, April 27th 2013, 6:47am

The recent passage of the Master Limited Partnership Parity Act, which now gives solar the same aaccess to capital as fossil fuels have enjoyed for many years, may also have contributed to CSIQ's 50% rise over the last 7 days (and maybe the biggest reason behind it).

It will result in a HUGE influx of mostly tax deferred investment capital into the US market...this is a pretty big deal (although the passage was expected)...but still surprised no-one else here has mentioned that it is now official (or maybe I just missed it).

This is a huge boost to the US solar industry, and any companies operating in it, including CSIQ...

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luckygoose

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Thursday, May 2nd 2013, 10:49am

You can already see that the market is behaving in line with my header that the worst is behind us. Great timing from CSIQ to bring out the highlights for Q1 today without warning. The shorts would have brought the stock down further until the earnings release but beacuse of the unforeseen press-release today it will cost them way more shares to do so. Furthermore they are now more put into a conflict situation because they know there is hardly bad future news available to bring the stock down considerably. This is also the reason why for the fist time CSIQ is not going down on an earnings release but going up. I very much like these spontanious press releases. As with first solar the street was furieus as it brought uncertainty to their models how to control the share.

With delaying the Q1 report until the 28 of May I give it a very big change that Qu will say something about the full years EPS forecast (more certainty about latest developments). Like First Solar this will be the day that you want to own the stock already as with the opening you will already be to late.

Luckygoose

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luckygoose

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Thursday, May 2nd 2013, 11:10am

Great to see how the market is not willing to sell shares anymore on lower levels.

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ILOVEPV

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Thursday, May 2nd 2013, 11:15am

TSL and JKS already announced a profitability in h2, 2013. Probably CSIQ will be profitable in Q1 and for sure in Q2. SOL is a dark hourse now, no preliminary info for Q1 though wispering numbers are Okay. Short interest in TSL is very high and covering is going on. The street treats Chi solars like there is no good news et all. My experience tells that a rise in price will be started suddenly inspired formally by any neutral or positive event. Due to a long stagnation a movement can be very wild -something like it happened in early December when stocks made 25-30% in a single day but this time a rally will be continued.