SolarPVInvestor Forums

Interesting. Considering you rarely change holdings this is a major event. Which are the biggest and smallest positions of TSL, YGE and CSIQ now?

Yes, it gives a better split between profitabilty (CSIQ), growth (YGE) and financial health (TSL).

Very good move, ODYD12. CSIQ is really a good stock but a current rally is too extended. I will add it later, hopefully in $5 area. Today I added JKS 6.87 after selling some SOL 1.84 right now and SPWR 14.14 (this morning). I do not want to hold all the position of SPWR through earnings, if I'm wrong and the stock flies I prefer to buy on way up then take a chance and incur a loss. Always it is better to make less than to have a loss (capital preservation #1 rule).
I started to rebalance a portfolio to distribute funds more or less equally among prime PV solars. Still SOL is the biggest investment (35% of the entire portfolio instead of previous 50%).

Eeeesshh, not a good buy with an RSI in the mid to high 70's ODYD. Woulda rather bought some SOL with that scratch at this current moment in time seeing as how its about the least extended of the solars.
Good luck to you
JMO

What made you buy at $6 that it couldn't make you buy at $3s a few weeks back?

Quoted from "Bodhi"

Eeeesshh, not a good buy with an RSI in the mid to high 70's ODYD. Woulda rather bought some SOL with that scratch at this current moment in time seeing as how its about the least extended of the solars.
Good luck to you
JMO

Agree.

Bodhi. He is not a trader. May be it is not a right time to buy CSIQ (you never know what is a right time and what is a wrong one) in terms of an intermediate bottom but all current prices are actually bottom if you look at them in 2-4 year prospective. You won't differ (in a couple of years) 5.70 from 4.70 buy price from the top you will be sitting in there. I do not like to make predictions but my gut feeling tells (unless something very bad happens) we will see sooner or later CSIQ and TSL in $30-35 range again.

Quoted from "ILOVEPV"

we will see sooner or later CSIQ and TSL in $30-35 range again.

That is a wishful dream to me, BUT hope it comes ture.

If you ever see them at $30-35 again, you will also see FSLR at $200 and SPWR at $70.

sfeng
Absolutely, right: FSLR 200 and SPWR 70 is not out of mind. Solar energy is a future, even more than wind, hydro and thermal. Step by step efficiency will reach 23-25% while price and cost will be even cheaper than today. No one source of energy won't be able to compete. Winners are going to be those who made it first, who created an environment and captured markets. It is not difficult to calculate that all residential needs in electrical power can be covered by occupying 50% of roof tops. But besides roofs there are walls, windows, etc. We are at the very beginning of new electrical power era with new types of environmental clean electrical transportation. Take a look at losing money TSLA stock. It grows like no tomorrow. The WS predicts and understand a future. Do you believe that the WS does not understand a future of PV including Chi10? They have only the same concern as we are: who will survive and who not.

I saw that article too. Who are those people? No followers, bashing article and you are on SA, I guess that what is needed.

god,that is the reason we are down today.

If SOL pops after earnings, I might move 50% of it to CSIQ.

Good, bad, ugly?

Quoted from "explo"

Interesting. Considering you rarely change holdings this is a major event. Which are the biggest and smallest positions of TSL, YGE and CSIQ now?

I think "rarely" is understatement. Good luck Odyd. It's getting pounded today but wild moves are expected after a 50% 5 day move. More than likely short term consolidation before next leg up.

Who are those people? Those people are those who a little bit late to the party and who want to take advantage of good stock. Those people are from the WS affiliated trading room who coordinated a timing when the article hit the wire and a selling by the same entity. BTW: the article is written pseudo-professionally. As for short covering as CSIQ moving force it is a total BS. The author contradicts himself: if CSIQ is going to BK why to cover? Better to take more short selling.