DQ was $16.70 in mid February, $6.25 now or down 63%

larryvand

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Monday, April 1st 2013, 11:03am

DQ was $16.70 in mid February, $6.25 now or down 63%

How can anyone be happy holding on to Chinese solars? It does not matter what they report or what they say. The street hates them just the same.

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Djovanny

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Monday, April 1st 2013, 12:04pm

Yep just bought some dq for quick trade

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larryvand

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Monday, April 1st 2013, 12:28pm

JKS also down 60% at 4.17 since mid February. Maybe get some of that too? So is 60% the magic number?

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Djovanny

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Monday, April 1st 2013, 12:43pm

Lol no i ll get jks under 3

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larryvand

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Monday, April 1st 2013, 1:39pm

Make that $6 from $16.70 or down 64% in 6 weeks. DQ leads all solars on this downtrend since mid February.

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Djovanny

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Monday, April 1st 2013, 1:56pm

This is exactly why i bought today few shares volume is low coldnt buy enough but something is better then nothing and yes 60% retracement is a magic number

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Paybak66

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Monday, April 1st 2013, 2:55pm

I would encourage you to buy at least one of the monthly shipment reports from Odyd. The 60% drop in share price sometimes is for a valid reason besides a stock being manipulated.

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Djovanny

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Monday, April 1st 2013, 3:12pm

I wouldn invest in junk like dq i bought just based on technicals small position for trade only

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solarcat

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Thursday, April 4th 2013, 12:19pm

DJ, still holding DQ? Keeps making lower lows. Down 15% since April 1st noon when you bought it for a trade. Just wondering.

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Djovanny

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Thursday, April 4th 2013, 12:38pm

It bumped 3 times against 6.50 couldnt brake it so i sold but i still watching it has good chance to revisit 16 again

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solarcat

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Thursday, April 4th 2013, 12:49pm

The whole solar sector is acting very bearish, especially considering the good demand news. Especially when you compare them to the same levels back in November when everyone thought there was no light at the end of the tunnel.

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pg6solar

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Thursday, April 4th 2013, 1:03pm

The "problem" with DQ stock is its low float - its impossible to buy (enough of) it low and then sell it all high.

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Djovanny

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Thursday, April 4th 2013, 1:43pm

Give yourself a favor dont try to get big position this stock can burn you jaso has as small float as dq and it posted doji today buy small position if you want to speculate and dont go all in. Good luck

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pg6solar

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Thursday, April 4th 2013, 2:04pm

I would not touch Dq stock nor the company.

As far as Jaso's low float. CSIQ's is almost as low, while JKS' is a half. As per February export data alone, its easy to see which two of the three are "up" there. Add brand recognition (as a module supplier) and there is nothing left to add. I think China-11 is fast becoming China-5 plus 1.