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solarpete last won the day on March 27

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About solarpete

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  1. I wish I shared your optimism. I thought the same thing a couple of months ago. Then the CEO lowered his offer--something I had not anticipated. What if the price continues to drip down into the high 5's the next few weeks? What's to keep the CEO from then lowering the offer again, say to $6.20?
  2. Trading Solars

    Unfortunately, the on-again-off-again nature of US support to solar as we switch between Republican and Democratic presidencies makes a sustained commitment by US industry over time less likely.
  3. Trading Solars

    How true, how true! But it's still funny when you put it that way. Thanks for bringing a smile to my face!
  4. Trading Solars

    I think the reason for that is the dream of huge profits in the not-too-distant future has dried up. Why do companies like Tesla command ridiculous multiples? Because there's still the dream they will gather huge market share, which coupled with decent margins will equal large profits. Solars might be gathering/consolidating market share, but right now their margins are so thin they're having trouble just breaking even, in spite of huge shipment volumes. And there's just no light at the end of that tunnel yet. No foreseeable profits, no large multiples.
  5. Trading Solars

    Not really much to talk about. The market's tearing off to new highs, including tech, but solars continue to languish because there's still no visibility for significant profits any time in the near future for anybody. Not much to do except trade the frequent dips.
  6. JA Solar (JASO)

    I certainly hope you're right, and that's why I haven't sold my two small stakes yet. But I think Odyd's right, too--in the short term, the chairman will do his best to tank the stock, hoping to make his offer price more attractive. I just hope shareholders still ultimately give him a great big "F-U". I'm so sick of these shenanigans by company "officers" to line their own pockets while screwing shareholders.
  7. JA Solar (JASO)

    Yes, JASO now looks weak again. So I wonder what that rise in March was all about? It was sustained, significant, and on heavy volume. What's changed since then? Earnings? Was the March rise a delayed response to the Q4 earnings "surprise"? But surely it was obvious the Q4 earnings were due to a one-time event. Q1 was just back to normal, right in line with expectations--nothing negative there (well, nothing any more negative than for any other solar, anyway). But now JASO is sinking, while CSIQ and JKS are rising again. So who knows where JASO will go from here....
  8. JA Solar (JASO)

    I still hold two small positions of JASO as well, bought at 7.30 and 6.90. I haven't sold. Their rise from 5 to 7.50 starting in March was dramatic and supported by volume, which indicates SOMEONE thought their business was looking up. And I saw that Brazil announcement as well. So I think the CEO's low-ball offer is just another sleazy way of trying to cheat shareholders. Trina got away with it, but as I said earlier, I think the Trina CEO controlled a lot more shares, so he had an easier time. Let's see if JASO has a board of directors that actually thinks about shareholders instead of their own pockets.
  9. Canadian Solar (CSIQ)

    Thank you very much!
  10. Canadian Solar (CSIQ)

    OK, not a big deal. If someone can copy your rebuttal comments here sometime in the next few days, great. (I was able to read page 1 of the article, which lays out their argument.) If not, I'll live (chuckle).
  11. Canadian Solar (CSIQ)

    The article is longer than one page, and the comments are at the end. The site wants me to create an account to see anything beyond page 1. I'm not interested in doing that.
  12. Canadian Solar (CSIQ)

    I can't see the comment on the site. If it's not too long, can you post it here? Thanks.
  13. JA Solar (JASO)

    I suspect the market will ignore the offer for now, as it ignored the previous one, but that doesn't mean the stock price is out of the woods. Share price will be dictated by business outlook, and right now, JASO is doing its best to paint a gloomy picture (to justify the dramatically lower offer). If business conditions improve for solars generally, JASO share price should rise to at least the offer price. If it stops there will then be determined by how serious the offer appears at that time--did they form an independent committee to report to shareholders on the value of the offer? If so, how independent is that committee, and what did they recommend? How many shares does the chairman already own (I believe Trina's chairman owned enough that he alone pretty much guaranteed passage of the shareholder resolution to accept the offer)? Has anyone else indicated interest? If it looks like the offer won't be accepted, or might be raised, share price could continue to rise above the offer price. But all that is contingent on business conditions. Which is true for share price of most companies in general, of course.
  14. JA Solar (JASO)

    Why wouldn't it? This offer, like the previous one, is still non-binding.
  15. JA Solar (JASO)