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explo

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Posts: 26

Date of registration: Sep 29th 2012

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Thursday, October 4th 2012, 10:50am

Rumours?

Up 18% today on no news. I thought it was too cheap when it traded at $2.00, but I can't explain recent strength since it landed at $3.50.

Maybe has something to do with LDK trouble, and provincial politics. Will Jinko as Jiangxi's other big solar benefit from the LDK situation?

odyd12

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Posts: 69

Date of registration: Sep 28th 2012

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Thursday, October 4th 2012, 3:44pm

Perhaps someone is putting out the offer. This could be the case. They all went up today hover. By the 10th CVD and AD results suppose to be out. It could be some pre-decision shuffle.

Uncle Chang

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Date of registration: Sep 29th 2012

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Thursday, October 4th 2012, 5:53pm

JKS won't be affected by the decision, they only sold 16mw here last Q but all with outsourced Cells using their own Wafer.

EU's decision in Febuary will have 3 month retroactive effects, that's why the Chinese have been busy dumping, I think they've finished that just before the Nation day holiday. The longer than expected shutdown during this holiday may also help with inventory build-up, it's reasonable they rally a little now along with the genral market. :love: