[odyd 1,340]

They have tried to sell the kitchen sink to get their quotas. I am surprised how well they managed their GM under the circumstances. They look quite messy on the balance sheet.

[odyd 1,340]

Huge depreciation of absolute revenue per watt. 

[odyd 1,340]

Curious what market will do with this Pop. May you can pick few nice stocks today. Down $2

[Pop2mollys 416]

Curious what market will do with this Pop. May you can pick few nice stocks today. Down $2

Yes let's see where dust settles today. Looks like it will see quite a bit of pressure today. I might wait till tomorrow before I take any action. Odyd your so dialed into these earnings it's pretty damn impressive.

[odyd 1,340]

I knew it will be so so but losing money was beyond my scope. I knew they will have lower GM, but managed to keep 24%. They report in house of 26%. Yet the ASP has dropped dramatically down.

[odyd 1,340]

Odyd your so dialed into these earnings it's pretty damn impressive.

I was also right in the CB. They hedged their currency and it flipped over on them. I am not sure how much they hedged in a past, but this is a massive mishap. I hope they will not take her 10% or more as they ravaged CSIQ. Where are they keeping those assets as they put them up, project assets are actually lower this Q. Do they keep them in PPE?

[odyd 1,340]

100MW added to module sales for Q2. Looks small compared to TSL. Taking the retainage and FiT payment out. GM looked like 22.6%. So selling wafers and cells took the GM down.

[Scsnospam 117]

Odyd, what trading moves are you making based on JKS ER? I did not go big on JKS earlier, but have been adding CSIQ mostly.

[odyd 1,340]

I have an appetite for CSIQ and TSL right now. having 33M shares and potential to bring around $25M JKS looks like a 0.75 for Q2. So one has to own those shares at one point.

[odyd 1,340]

I will enter JKS below $23, hoping to scrape the bottom at $22 or lower.