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Trina Solar Announces Third Quarter 2013 Results


61 replies to this topic

#21 odyd

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Posted 19 November 2013 - 06:14 AM


BTW, are you considering moving the gains back to SOL now? I myself would not do anything, given I already have a good position in SOL and I think there should be more upside short term in both TSL and JKS, especially TSL.

Sunny, I am sure that my fellow investors, do not like me go around beat the drum, and I hate to say things as poking someone who talks a lot is fairly easy on the messaging board I left my longest supporters and considered friends and sold SOL prior to the weekend. I did not get scolded, but also did not get praised, gentlemen of the highest quality.  My decision was made on the premise not to be left frustrated. I used own tools I created (ED) to pursue my last drops of analysis to make intuitive buys on Friday. I enjoy Nano's contribution, but I had discovered the point of entry for CSIQ on my own, and believe with Pop got to benefit in the most tremendous from it. I also missed the boat by getting into SOL, when I predicted events (thus far) but met new to me market reaction to it (or not as my timeline for CSIQ softness could be still accurate). I guess I got back to CSIQ as well using some strength in JKS, as I cannot afford to be in the bleachers when my favorite game is playing on. 

Sorry for the long intro, but no, I will not buy into a SOL or JA for that matter in next few days. I need to see what those guys did during the quarter. I already have SOL shares, and they need to earn this time reason to be in my portfolio. I got enough frustration already from owning them as is. 


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#22 sunnysky

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Posted 19 November 2013 - 06:23 AM

Thanks odyd.


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#23 luckygoose

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Posted 19 November 2013 - 06:46 AM

Odyd I think your frustration is exactly what the institution in jaso and sol are seeking for. They are trying to get you out of the stock on current levels as long as the up and down game works. I think there is not much time left for them; maybe today things turn around. Volume would be key.
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#24 pg6solar

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Posted 19 November 2013 - 06:56 AM

Gordo has guts to appear on the CC and ask a question (after offering congrats). What a two faced SOB.


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#25 odyd

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Posted 19 November 2013 - 06:57 AM


Odyd I think your frustration is exactly what the institution in jaso and sol are seeking for. They are trying to get you out of the stock on current levels as long as the up and down game works. I think there is not much time left for them; maybe today things turn around. Volume would be key.

I know what you mean, but you should understand that I have a certain level of performance I measure my stocks. I just do not hold stocks and see what happens. Good luck with your holdings. 


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#26 SolarRoof

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Posted 19 November 2013 - 06:59 AM

Did he ask them how much of those sales were to themselves? 

 

Did they return the congrats to him for recommending shorting TSL at $7?


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#27 JulyWebb

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Posted 19 November 2013 - 07:10 AM

Did he ask them how much of those sales were to themselves? 

 

Did they return the congrats to him for recommending shorting TSL at $7?

 

Gordo also said to short TSL & JASO into earnings this time. Hahaha! Trina looks Great.


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#28 andy1981

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Posted 19 November 2013 - 07:11 AM

Half a million shares traded pre-market ... thats awesome...
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#29 odyd

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Posted 19 November 2013 - 07:12 AM

TSL sees 30% of revenue as project in 3 years. Processing cost at $0.54, in house 0.52-0.53. I heard cells were sold, and plant revenue was also mentioned. I heard 5% cells of revenue and $10M plant. This brings the ASP to $0.66 bang on with ED. 


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#30 sunnysky

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Posted 19 November 2013 - 07:22 AM


This brings the ASP to $0.66 bang on with ED. 

 

Nice.

Also, they are likely able to reduce the cost further by a middle single digit % in the next quarter or two while ASP is seen to be stabilized (and not to say it won't even go up).


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#31 pg6solar

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Posted 19 November 2013 - 07:24 AM

Half a million shares traded pre-market ... thats awesome...

With number of shares TSL has, its daily trading volume and a huge ER surprise, this volume is mediocre.


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#32 Scsnospam

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Posted 19 November 2013 - 07:27 AM

Its also dropping a bit from pre market highs...Not sure why. Any analyst comments so far ?

Could also be MMs shaking the tree a bit before rush hour!


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#33 Pop2mollys

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Posted 19 November 2013 - 07:29 AM

Sunny, I am sure that my fellow investors, do not like me go around beat the drum, and I hate to say things as poking someone who talks a lot is fairly easy on the messaging board I left my longest supporters and considered friends and sold SOL prior to the weekend. I did not get scolded, but also did not get praised, gentlemen of the highest quality. My decision was made on the premise not to be left frustrated. I used own tools I created (ED) to pursue my last drops of analysis to make intuitive buys on Friday. I enjoy Nano's contribution, but I had discovered the point of entry for CSIQ on my own, and believe with Pop got to benefit in the most tremendous from it. I also missed the boat by getting into SOL, when I predicted events (thus far) but met new to me market reaction to it (or not as my timeline for CSIQ softness could be still accurate). I guess I got back to CSIQ as well using some strength in JKS, as I cannot afford to be in the bleachers when my favorite game is playing on.
Sorry for the long intro, but no, I will not buy into a SOL or JA for that matter in next few days. I need to see what those guys did during the quarter. I already have SOL shares, and they need to earn this time reason to be in my portfolio. I got enough frustration already from owning them as is.


Odyd I'm very happy for you and others which held JKS and TSL into earnings. I would never try to knock you down just because you switch from SOL to other picks. Hindsight is always 20/20...

Anyways though others still seem to be frustrated now that SOL is about on average 1/3 the market cap of other tier 1 players... I firmly believe an explosive move is imminent just like what happened before they reported last Q. Their chart right now is coiled so tight it's ridiculous. It's one of the most bullish looking charts you will ever see in market.
Congrats again to all TSL and JKS holders. I hope some of you see the huge potential move in SOL and get a piece of it. Explo and I welcome you with open arms.
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#34 odyd

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Posted 19 November 2013 - 07:33 AM


Its also dropping a bit from pre market highs...Not sure why. Any analyst comments so far ?
Could also be MMs shaking the tree a bit before rush hour!

Some guy said they had a lower guidance for Q4, I had wipe my eyes to confirm it was higher. Then another gentlemen said that GM was capped due to the lower increase in ASP and lack of improvement in cost. Both refuted, but you know how mob reacts.  At 0.66 ASP, there is at least 3 cents up and one cent down for another 4 cents improvement on results, They are already doing in house in are of 19%, which is very good. 


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#35 Scsnospam

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Posted 19 November 2013 - 07:35 AM

I would never have believed it, but CSIQ, JKS red and TSL headed there. Even LDK is up more ! WTF (@#*&$


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#36 odyd

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Posted 19 November 2013 - 07:39 AM


I would never have believed it, but CSIQ, JKS red and TSL headed there. Even LDK is up more ! WTF (@#*&$

Looks like a fund let a bit go on the CSIQ. They made killing those guys, shook some tree leaves again. TSL will go over $18 here.


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#37 sc_solar

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Posted 19 November 2013 - 07:40 AM

With its blow away numbers today, TSL should rise a good 3.00. Interesting start, but you never know how it will end. As for volume, I wouldnt say right now its "mediocre" anymore. More than half the daily volume in 9 minutes. 


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#38 singular

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Posted 19 November 2013 - 07:42 AM

I would never have believed it, but CSIQ, JKS red and TSL headed there. Even LDK is up more ! WTF (@#*&$

Didn't you know? LDK is the only one that will survive. HA!


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#39 Scsnospam

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Posted 19 November 2013 - 07:50 AM

This is relentless. Someone is selling big time.

Although, OBV is not strongly negative ie no conviction in the sell volume. Could be a head fake.


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#40 hellosolar

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Posted 19 November 2013 - 08:17 AM

Load some TSL Dec 18 calls here. It will be over $18 by the end of the day.


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