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Mark

Solar Investor
  • Content Count

    451
  • Joined

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  • Days Won

    19

Mark last won the day on November 30

Mark had the most liked content!

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36 Excellent

About Mark

Profile Information

  • Location :
    South Carolina

Portfolio

  • Portfolio %
    FSLR 40%, CSIQ 50%, JKS, 5%, SPWR 5%

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  1. Mark

    Canadian Solar (CSIQ)

    I suspect they (Qu/Lion Point/Luminous and maybe Morgan Stanley) wanted to 1) get the bad news out of the way so it didn't overshadow the good quarter and 2) shake out any weak hands and traders, so that a stronger, more dedicated shareholder base was in place so they could more easily run this up to $17+. Don't get me wrong, I hated that whole thing at the time, but I didn't sell any and it worked out well for me. I'll be trading around a core position for the next year at least and am hoping these hedge funds and MS and Qu are greedy pigs who are envious that FSLR is trading at $44 and want to work this thing up far and fast.
  2. Mark

    Solar News

    https://www.energytrend.com/pricequotes/20181129-12737.html Some positive news.
  3. Mark

    Canadian Solar (CSIQ)

    With 2 big hedge funds behind us, looking for 20s in 2019.
  4. Mark

    Canadian Solar (CSIQ)

    You stupid idiot. Don't you know you're a contrarian?
  5. Mark

    Canadian Solar (CSIQ)

    Oppenheimer reiterates Buy and $19 JP Morgan flip flops back to Neutral and $17
  6. Mark

    Canadian Solar (CSIQ)

    So Paul Costner of JP Morgan goes Neutral to Underweight on October 22nd and drops target to 15. Apparently he just couldn't wait until earnings today, now he's going back to Neutral and $17 target. I have some choice words for that clown.
  7. Mark

    Canadian Solar (CSIQ)

    Yeah, the dividend/buyback question was stupid. I was kinda glad to hear Qu shut that nonsense down. Who is gonna do a buyback or dividend with so much debt on the books?
  8. Mark

    Canadian Solar (CSIQ)

    Robert, any more detailed thoughts from you on CSIQ? I know you're not in solar land much anymore, but am certain you've got some opinions about the state of the business and trajectory.
  9. Mark

    Canadian Solar (CSIQ)

    Now we just need them to work this stinkin' price up. I was happy to see the new big fish in the pond (Luminus) and seeing that actually kept me from selling more yesterday. I believe they're averaged in somewhere around 14.04 or something.
  10. Mark

    Canadian Solar (CSIQ)

    EPS and margins, way better than I was fearing or expecting. Hopefully with 2 big hedge funds in here now (Luminus Management now has a 4.56% stake that they started in Q3 and Lion Point is still in here around 7.7%) they can do some work on the PPS and not let Wall Street get too negative on the revenue side.
  11. Mark

    Canadian Solar (CSIQ)

    Gotta love when there's PR ahead of earnings. Never seen that go well.
  12. Mark

    Canadian Solar (CSIQ)

    Certainly reads like it eh? Then again what isn't a bad deal these days. Anyone here positive going into earnings?
  13. Mark

    Canadian Solar (CSIQ)

    I think it could go a good bit lower. Tank, meaning $10. Dunno what Qu's intent is anymore. It could just be the fact that the Chinese market is so poor, he couldn't re-list there now. Or could be since the credit pinch is happening in China now, nobody would lend. Then again, could be valuation concern. I have a harder time stomaching that one given the assets. Are they really worth substantially less than the balance sheet implies? Really comes down to how Lion Point and Qu play this. Let it get beat up, then get a $14-15 binding offer in early next year or try and pump it up toward the 18.47 and see what happens from there. I do like that ET and PVI both seem to say prices have stablized because of the China news. That'll be one thing they can point to on the call about a stable outlook. I think its a bigger deal than Credit Suisse would have us believe. Because China has been making a push toward quality projects, so I can't see them adding, but allowing the small players to turn to zombies and stay in business. Don't think given the current environment there, they'll just be ok with how projects may have been delivered in the past.
  14. Mark

    Canadian Solar (CSIQ)

    Odds of missing earnings estimates and seeing this thing tank --- 100%?
  15. Mark

    Canadian Solar (CSIQ)

    Yeah, goes back to my gripe the other day... that solar can never win. Always someone to poo poo on it. Good news is bad news and bad news is catastrophic.
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