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17 hours ago, Mark said:

Anything changed in the last few days to make you reconsider holding your FSLR?  I keep waiting for a bounce that doesn't come to lighten my load a bit.  I (think) I like that volume is drying up, but in theory that could just mean we're at the middle of the decline and have another leg lower.  Analysts are no good, because they're all over the place and just a bunch of liars most of the time anyway.  And forget getting any info out of FSLR investor relations, they're MIA just like management.  Maybe they only have bad news too?  Dunno what to think.  I know I WANT to think they have good relationships and a solid enough brand to keep those and not have to put massive discounts on everything, but maybe I'm dreaming.

Today was bizarre.  Started out up a couple % points in PM.  

Then down.. maybe because of that Bloomberg piece?  If so, down 1% seems pretty muted for a headline like that.

Top gainer is JWS.. because the CEO says they can sidestep the new tariffs.  And CSIQ up too, probably on the same idea?

 

Edited by sunnypease

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27 minutes ago, sunnypease said:

Today was bizarre.  Started out up a couple % points in PM.  

 

I don't think any of this has to do with the add'l 25% tariff because its not really going to affect these guys.  I think that's just a smoke screen.  That's just another barrier for whatever other tier 2 types may be dumping here, because everyone else jumped ship to SE Asia last time tariffs were put in place.   I think FSLR is just trying to find its sea legs again and see where the bottom is.  "They" kept us from breaching the VWAP all day after the big tumble this morning.  We'd hit the VWAP and each and every time, a sell order would execute and knock us down a few cents.  VERY tightly controlled pricing today by the algo(s).  I suspect tomorrow we open up down some amount and they'll test the lower end of the range.  Just in time for me to hop in the car on friday and drive 6 hours for vacation with the kids and wife.  I was hoping we'd find 53 and stick there, just so I could have this garbage off my mind over the next week.  I like the declining volume and some of the divergences and the Balance of Power (the Worden version) has kinda indicated that there may be some light accumulation going on the past few days.  But who the heck knows, they'll do what they want with it.  If this were a normal time, I'd say today and the last few days looks like quiet accumulation.  But these aren't normal times, so it could also very well be quiet distribution.  

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Has anyone seen this: https://www.bloomberg.com/news/articles/2018-06-22/irs-ruling-on-u-s-credit-an-unexpected-gift-to-solar-developers?

Incredible coincidence with JKS' 25% intraday move up over the last three days form a fresh one year low only a few days ago.

May also explain huge AH CSIQ transactions over the last couple of weeks. Are solars done falling?

 

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8 hours ago, pg6solar said:

Has anyone seen this: https://www.bloomberg.com/news/articles/2018-06-22/irs-ruling-on-u-s-credit-an-unexpected-gift-to-solar-developers?

Incredible coincidence with JKS' 25% intraday move up over the last three days form a fresh one year low only a few days ago.

May also explain huge AH CSIQ transactions over the last couple of weeks. Are solars done falling?

 

Great news. We can look forward to a big US demand surge in 2023.

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Yingli finally delisted and headed for the pink sheets.  

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In case you're getting tired (like me) of all the doom and gloom, here's an optimistic view:

https://finance.yahoo.com/news/buy-solar-stocks-profit-coming-022515729.html

Interesting that it's the CEO of a major utility, not a solar company, who's making that prediction about advancements in battery technology.  He should certainly be in a position to know.  And as we all know, storage is THE missing piece in the renewables story.

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5 hours ago, explo said:

REC Silicon was down sharply yesterday. Here’s why:

REC SILICON ASA - SOLAR TRADE DISPUTE WITH CHINA FORCES LAYOFFS

 http://www.recsilicon.com/media/newsroom/newshandler/?feed=/R/136555/PR/201807/2202401.xml

 

I guess that might explain the DQ rally.  Thanks for sharing that.

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This is a good market state snapshot. The article suggests some rumored changes in the 531 might be coming. They expect that this is a good period to do line upgrades. They have a good utilization rates chart. They suggest that the market will rebound in 2019.

 

http://guangfu.bjx.com.cn/news/20180706/910846.shtml

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On 6/29/2018 at 1:27 PM, Mark said:

Yingli finally delisted and headed for the pink sheets.  

Delisted but sad to say still producing.

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BNEF now expects a 34% ASP decline in 2018 for a year end average price of $0.244

https://renewablesnow.com/news/solar-investments-drop-in-h1-2018-wind-is-up-bnef-619468/

Before the Chinese announcement our team was already expecting a 27% fall in PV module prices this year. Now we have revised that to a 34% drop, to an end-2018 global average of USD 0.244 per watt,” commented Pietro Radoia, senior solar analyst at BNEF.

 

This article suggests that quotes earlier this year was for $0.27 for the EU and India.

 

http://guangfu.bjx.com.cn/news/20180710/911669.shtml

Some project developers have postponed and renegotiated their contracts due to further declines in component prices.

It is said that developers have locked in the third quarter and fourth quarter component contracts of $0.27/watt in areas such as India and the EU before China's policy has changed.

 

 

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30 minutes ago, disdaniel said:

did JASO buyout just get approved?

Good pop on massive volume.  CSIQ is next (one can hope).

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Or not (hope for a buyout, that is).  I'm still hoping for no buyout and a long-term turnaround in the stock. 

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1 hour ago, disdaniel said:

did JASO buyout just get approved?

It wasn't the loan?

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2 hours ago, solarpete said:

Or not (hope for a buyout, that is).  I'm still hoping for no buyout and a long-term turnaround in the stock. 

I will take $18 right now with no complaint.  I just hope the offer is not lowered.

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