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pg6solar

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pg6solar last won the day on August 13

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  1. PEGI just hit (into the close) the highest PPS since Fall of 2017 on a possible take out.
  2. And you're getting it. What a difference 12 hours make - last evening AH, a strong "bounce" was to the down side with over 1M shares of SQQQ traded with high above $42. Yuan fixing stronger than 7 reversed it.
  3. Hopefully you got out at the close.
  4. SQQQ hit $48 in May on Mexico "tariffs", granted it came from higher level than under $31 SQQQ hit last week. This situation, however, is much more serious. 20% down from here on NASDAQ (same move as last December), puts SQQQ at about $60! I'll be OK with that and mid $40s for SPXU.
  5. Do you mean "entry point" going long the market (indexes)? Aren't you worried that carnage is just beginning to go long soon? Granted you went short right at or close to the top, so taking profit now might be prudent, but isn't lows of Dec. 2018 (and maybe even so called "then some") are likely or at least very possible? Do you have a "point" where you're going long or are you planning play it by the ear?
  6. Looks like Hobo is back. Does it mean leftover CN solars investable again?
  7. Jinko is at " do not touch" PPS zone for a while now. When they raised the last time (early last year at $18something), stock plummeted 35% after CN 5/31 bomb on its way to $7s in October. As always, it bottomed way before the market did (full two months before market had a mini crash, however Jinko never touched those levels again). I stayed away and will continue to do so. My .02cts.
  8. Exactly, Explo. CN solars should be bought when everyone is selling them (or better yet sold alredy) and sold when everyone is buying them (or better yet bought already), not the other way around. I.E.:JKS should have been bought last quarter of last year at $8-9 and sold earlier this month once it hit $20 (none can pick absolute top and bottom); just like CSIQ should have been bought for much of last half of last year at $12-13 and sold this month in $22-23. I believe we won't see irrational move in solar circa 2009/10 and 2012/13 again. So double is good enough, triple is great. Just do no think CSIQ will get to $40 (without yieldco anticipation of 2014) nor JKS will hit $30+ without Power. Those days are done. Possibility of high margins return is hard to see when all legacy projects are gone and only low margin businesses remain where volume will be everything. Brian Lee asked JKS on Friday where are they going to get $500M without an equity raise they need to expend to 15GW. I did not hear a clear answer from Jinko's side, cause there isn't.
  9. Sounds like a great advice - buy high (sell low?). So there was no reason to buy CSIQ in low teen$ for most of last year, but all the reasons to buy it in low (almost mid) $20s earlier this week? I think I need to go back to school as I'm missing all the logic behind it.
  10. Interesting, I'm planning to trim PEGI holdings by 50% if/when mid $23s will arrive and will sell out if it goes over $25. While dividend is safe (I think 5 "no"s to dividend cut mean "safe"), they still will need money to grow and secondary will certainly take place then.
  11. Thanks for reminding me of that.
  12. Jinko will ship upto 15GW in 2019!!! How much will FSLR? (Does AMZN ring the bell? How long were they profitless before they dominated? Look at hem now.) No, I do not have position in Jinko nor in any other solar (although I should have).
  13. JKS' double in 3 months (almost a triple in 4 months) combined with a massive contract with DQ announce the other day (a.k.a. expansion) smells like a secondary is coming.
  14. CSIQ is over $20...and on a huge market down day. Wow!
  15. It's unlikely any one company specific. They're all up. JKS ( a lot), DQ, even FSLR. If anything, maybe they will remove tariffs as part of the CN "deal"? Then FSLR should be down, but it's not. Sold out of all solars yesterday (too early). Unless we'll see close to recent lows, I'll be solarless going forward. (Still have large PEGI/CWEN exposure).
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