Declining Solar stocks: why SOL was down so much with in few days

Discussion in 'Stocks' started by imbetbm, Jun 12, 2008.

  1. imbetbm


    Anyone interested in Solar stocks?

    just trying to figure out what caused SOL to plunge for almost 40% within 4 days...

    it might because of the concern that the cost of polysilicon is going to rise, and the news that it is issuing more ADSs

    what do you think?
  2. i honestly don't know i personally bought ldk at the very fucking top of the last rally ($47) and didn't place a stop went away from computer for the day ( i was gonna place a stop later on) come back it's 42 so I'm like fuck it looks like I'll be holding this one for a while lmao its at $35 right now so jokesss. thats what like 25%??? this is like a good comedy, i'll buy some more as it gets lower.

    speaking of polysilicon cost ldk is building asia's largets polysilicon plant. So that alone i don't know why the stock is going down therefore i am not worried and i laugh everyday i see it down. But when ever this thing rallies it goes up so fast and hard you will be shocked. same goes for most solar they're all like yoyos.
  3. Mainly its because of the ADSs