BloggingStocks http://www.bloggingstocks.com BloggingStocks http://www.blogsmithmedia.com/http://www.bloggingstocks.com/media/feedlogo.gif BloggingStocks http://www.bloggingstocks.com en-us Copyright 2012 Weblogs, Inc. The contents of this feed are available for non-commercial use only. Blogsmith http://www.blogsmith.com/<![CDATA[LDK Solar posts stronger-than-expected, third-quarter earnings]]>http://www.bloggingstocks.com/2009/11/23/ldk-solar-posts-stronger-than-expected-third-quarter-earnings/http://www.bloggingstocks.com/2009/11/23/ldk-solar-posts-stronger-than-expected-third-quarter-earnings/http://www.bloggingstocks.com/2009/11/23/ldk-solar-posts-stronger-than-expected-third-quarter-earnings/#commentsFiled under:

Talk about stocks that have fallen far and fast. LDK Solar (LDK) was looking to add a bit of momentum with its earnings report, as the stock is battling overhead resistance from its 20-week moving average. This trendline has pushed the stock lower for a majority of 2009 and 2008, during which LDK has dropped from its late-2008 high of $52.40 to its current perch near the $8 level.

The good news is that a news event like an earnings report could lend momentum to any squandering stock, so let's see what LDK reported. The solar panel producer earned 27 cents per share in the third quarter, far worse than last year's same-quarter earnings of 77 cents per share. Quarterly revenue was nearly halved, as LDK brought in $281.9 million compared to $542 million.

Continue reading LDK Solar posts stronger-than-expected, third-quarter earnings

LDK Solar posts stronger-than-expected, third-quarter earnings originally appeared on BloggingStocks on Mon, 23 Nov 2009 09:30:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>inthenewsldkLDK SolarLdkSolarquarterly earningsQuarterlyEarningssolarsolar powerSolarPowerMon, 23 Nov 2009 09:30:00 EST<![CDATA[LDK Solar (LDK) down 10% on weak Q2 forecast]]>http://www.bloggingstocks.com/2009/07/06/ldk-solar-ldk-down-10-on-weak-q2-forecast/http://www.bloggingstocks.com/2009/07/06/ldk-solar-ldk-down-10-on-weak-q2-forecast/http://www.bloggingstocks.com/2009/07/06/ldk-solar-ldk-down-10-on-weak-q2-forecast/#commentsFiled under: , , , , ,

LDK logoLDK Solar (NYSE: LDK - option chain) stock is falling today after the company announced a weak forecast for Q2 revenue last Thursday after the close. Today's weakness in oil futures is also not helping LDK stock. If you think this stock won't be rising too far in the coming months, then it could be a good time to look at a bearish hedged play on LDK.

This morning, LDK opened at $10.20. So far today the stock has hit a low of $9.66 and a high of $10.52. As of 12:15, LDK is trading at $9.87, down $1.04 (-9.5%). The chart for LDK looks bearish and S&P gives LDK a negative 2 STARS (out of 5) sell ranking.

Continue reading LDK Solar (LDK) down 10% on weak Q2 forecast

LDK Solar (LDK) down 10% on weak Q2 forecast originally appeared on BloggingStocks on Mon, 06 Jul 2009 14:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>forecastinvestors observerInvestorsObserverLDKLDK solarLdkSolaroptionsMon, 06 Jul 2009 14:00:00 EST<![CDATA[LDK Solar reports disappointing 4Q earnings and 1Q forecast]]>http://www.bloggingstocks.com/2009/03/12/ldk-solar-reports-disappointing-4q-earnings-and-1q-forecast/http://www.bloggingstocks.com/2009/03/12/ldk-solar-reports-disappointing-4q-earnings-and-1q-forecast/http://www.bloggingstocks.com/2009/03/12/ldk-solar-reports-disappointing-4q-earnings-and-1q-forecast/#commentsFiled under:

Chinese solar firm LDK Solar (NYSE: LDK) reported earnings Wednesday, revealing that a massive writedown caused weaker-than-expected earnings. LDK reported a fourth-quarter loss of $1.25 per share, compared to a gain of 77 cents per share in the previous quarter and earnings of 44 cents per share in the same quarter last year.

The company's revenue increased more than twofold compared to last year, but the $426.6 million was 21.3% lower on a sequential basis. Analysts were expecting a loss of 84 cents per share on revenue of $422 million. The quarterly results took a hit of $216.7 million related to an inventory writedown.

Continue reading LDK Solar reports disappointing 4Q earnings and 1Q forecast

LDK Solar reports disappointing 4Q earnings and 1Q forecast originally appeared on BloggingStocks on Thu, 12 Mar 2009 09:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>earningsearnings dataearnings disappointmentearnings reportsEarningsDataEarningsDisappointmentEarningsReportsinthenewsldkLDK SolarLdkSolarThu, 12 Mar 2009 09:00:00 EST<![CDATA[LDK Solar (LDK) cuts guidance by 20%]]>http://www.bloggingstocks.com/2009/01/06/ldk-solar-ldk-cuts-guidance-by-20/http://www.bloggingstocks.com/2009/01/06/ldk-solar-ldk-cuts-guidance-by-20/http://www.bloggingstocks.com/2009/01/06/ldk-solar-ldk-cuts-guidance-by-20/#commentsFiled under: , ,

LDK logoLDK Solar (NYSE: LDK - option chain) stock is falling today after the company cut its fourth-quarter revenue forecast to $425 to $435 million, down from a previous estimate of $555 to $565 million. Analysts are looking for revenue of $540 million. If you think this stock won't be rising too far in the coming months, then it could be a good time to look at a bearish hedged play on LDK.

This morning, LDK opened at $13.53. So far today the stock has hit a low of $13 and a high of $13.95. As of 12:05, LDK is trading at $13.29, down $1.55 (-10.4%). The chart for LDK looks neutral and S&P gives LDK a neutral 3 STARS (out of 5) hold ranking.

For a bearish hedged play on this stock, I would consider a February bear-call credit spread above the $17.50 range. A bear-call credit spread is an options position that combines the purchase and sale of call options to hedge risk in case the stock doesn't do what you think it will but still leverages nice returns. For this particular trade, we will make an 8.7% return in six weeks as long as LDK is below $17.50 at February expiration. LDK would have to rise by more than 31% before we would start to lose money. Learn more about this type of trade here.

LDK hasn't been above $17.50 at all in since early November and shown resistance around $15 recently.

Brent Archer is an options analyst and writer at Investors Observer.

DISCLOSURE: Mr. Archer owns and/or controls diversified portfolios of long and short stock and option positions that may include holdings in companies he writes about. At publication time, Brent neither owns nor controls positions in LDK.

LDK Solar (LDK) cuts guidance by 20% originally appeared on BloggingStocks on Tue, 06 Jan 2009 12:45:00 EST. Please see our terms for use of feeds.

Read | Permalink | Email this | Comments]]>forecastInvestors ObserverInvestorsObserverLDKLDK solarLdkSolaroptionsTue, 06 Jan 2009 12:45:00 EST<![CDATA[Solar stocks feeling the pain (LDK, FSLR, JASO, STP)]]>http://www.bloggingstocks.com/2008/11/12/solar-stocks-feeling-the-pain-ldk-fslr-jaso-stp/http://www.bloggingstocks.com/2008/11/12/solar-stocks-feeling-the-pain-ldk-fslr-jaso-stp/http://www.bloggingstocks.com/2008/11/12/solar-stocks-feeling-the-pain-ldk-fslr-jaso-stp/#commentsFiled under: , , ,

This post was written by Minyanville contributor Sean Udall.

JA Solar (NASDAQ: JASO) blew its quarter and lowered guidance, and now the group is under pressure.

I don't think I've ever written a positive word on JASO as they are in the middle tier, essentially a jobber for the solar space. The company make various feedstock products to the final product makers, while being dependent on the core technology and "root" feedstock polysilicon from the likes of LDK Solar (NYSE: LDK) and MEMC Electronics (NYSE: WFR). So it has a timing issue and margin compression issue. The company is facing lower final pricing of their products while having locked in longer term "commodity" pricing at higher prices. So its raw costs are not falling as fast as its own pricing.

The poly guys mentioned above and companies like Sun Power (NASDAQ: SPWRA), First Solar (NASDAQ: FSLR) and Suntech Power (NYSE: STP) don't face these pressures as intensely, though that may not matter much today. STP reports on the 20th this month and I think it will give a clearer picture of the space. Meanwhile SPWRA keeps closing significant deals and FSLR reported the best and has little if any of the funding concerns. So for the leaders, it's a question of how low do they go before the long term positives catch up. Meanwhile, a few of the smaller shops like JASO are in a race against the credit crunch because they need to be able to renegotiate some of their longer-term input costs.

LDK and WFR are still companies that I feel are uniquely positioned, as both have a partial oligopoly status as polysilicon suppliers. In the $15's and lower, it's getting to the point where I may again trade around my core position and look for that beta pop on any significant Naz bounce. Also, this stock could move 50% higher and still be exceedingly cheap on almost any value criteria.

Solar stocks feeling the pain (LDK, FSLR, JASO, STP) originally appeared on BloggingStocks on Wed, 12 Nov 2008 13:55:00 EST. Please see our terms for use of feeds.

Read | Permalink | Email this | Comments]]>first solarFirstSolarinthenewsja solarJaSolarldkldk solarLdkSolarmemc electronic materialsMemcElectronicMaterialssun powerSunPowersuntech powerSuntechPowerWed, 12 Nov 2008 13:55:00 EST<![CDATA[Solar stocks show strength]]>http://www.bloggingstocks.com/2008/11/03/solar-stocks-show-strength/http://www.bloggingstocks.com/2008/11/03/solar-stocks-show-strength/http://www.bloggingstocks.com/2008/11/03/solar-stocks-show-strength/#commentsFiled under: , , ,

This post was written by Minyanville contributor Sean Udall

Maybe the charts will take care of this decision for frustrated investors. Nothing ends selling and starts buying like a spiky MACD right cross.

And maybe the group move (lower) was just one massive liquidation trade and the biggest of the machines knew where the weakest hands were the most susceptible to letting shares go to meet redemptions.

I suspected this was the case in solar with companies like First Solar (NASDAQ: FSLR), SunPower (NASDAQ: SPWRA), LDK SolarLDK), MEMC Electronics (NYSE: WFR) and Suntech Power (NYSE: STP). The companies have no funding issues, big industrial projects, and are sold through for years.

I'm actually inclined to buy the strength as we have oil down, and a new month of us. We are also in an environment where little hard analysis from the analyst community has been fostered. Simply put, speculation of a macro condition (credit crunch), has been liberally applied to micro condition sets for an industry in an early growth phase. So basically a coin has been tossed in the air and the analyst community has mostly called a negative outcome. A few bullish holdouts exist but by and large this looks like a group think nightmare in every direction so far.

I still like most of the big guns and a couple smaller shops but I've always been cautious of names in need of funding and that is more critical now. Also, an Obama victory trade on the group might fade very hard just as the bailout passage was.

Solar stocks show strength originally appeared on BloggingStocks on Mon, 03 Nov 2008 15:20:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>fslrldk solarLdkSolarspwrastptechnologywfrMon, 03 Nov 2008 15:20:00 EST<![CDATA[LDK Solar (LDK) drops despite new Japanese deal]]>http://www.bloggingstocks.com/2008/09/05/ldk-solar-ldk-drops-despite-new-japanese-deal/http://www.bloggingstocks.com/2008/09/05/ldk-solar-ldk-drops-despite-new-japanese-deal/http://www.bloggingstocks.com/2008/09/05/ldk-solar-ldk-drops-despite-new-japanese-deal/#commentsFiled under: , , , , , , ,

LDK logoLDK Solar (NYSE: LDK - option chain) shares are falling today despite the company's announcement of an eight-year contract with Japan's Sumitomo Corp. to supply solar cell parts. Under the deal, LDK will supply about 750 megawatts of multicrystalline silicon wafers to Sumitomo. However, most solar stocks are dropping today as crude oil futures are lower again at $106, and almost dipped below $105 earlier this morning. If you think this stock won't be rising too far in the coming months, then it could be a good time to look at a bearish hedged play on LDK.

This morning, LDK opened at $45.57. So far today the stock has hit a low of $41.70 and a high of $45.57. As of 12:20, LDK is trading at $43.20, down $2.78 (-6.0%). The chart for LDK looks neutral and S&P gives LDK a neutral 3 STARS (out of 5) hold ranking.

For a bearish hedged play on this stock, I would consider an October bear-call credit spread above the $60 range. A bear-call credit spread is an options position that combines the purchase and sale of call options to hedge risk in case the stock doesn't do what you think but still leverage nice returns. For this particular trade, we will make a 4.2% return in 6 weeks as long as LDK is below $60 at October expiration. LDK would have to rise by more than 38% before we would start to lose money. Learn more about this type of trade here.

BIG hasn't been above $35 at all inthe past year and has shown resistance around $34.90 recently.

Brent Archer is an options analyst and writer at Investors Observer.

DISCLOSURE: Mr. Archer owns and/or controls diversified portfolios of long and short stock and option positions that may include holdings in companies he writes about. At publication time, Brent neither owns nor controls positions in LDK.

LDK Solar (LDK) drops despite new Japanese deal originally appeared on BloggingStocks on Fri, 05 Sep 2008 13:16:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>futuresinthenewsInvestors ObserverInvestorsObserverLDKLDK solarLdkSolaroiloptionsFri, 05 Sep 2008 13:16:00 EST<![CDATA[LDK Solar shares jump -- will they move higher?]]>http://www.bloggingstocks.com/2008/08/25/ldk-solar-shares-jump-will-they-move-higher/http://www.bloggingstocks.com/2008/08/25/ldk-solar-shares-jump-will-they-move-higher/http://www.bloggingstocks.com/2008/08/25/ldk-solar-shares-jump-will-they-move-higher/#commentsFiled under: , , , ,

LDK Solar Co. (NYSE: LDK) American Depository Shares added 9.3% in today's trading. Only two weeks ago, on August 11, LDK reported second quarter results that beat any and all expectations. The shares then jumped from around $33.50 to about $40. Today, LDK shares closed at $50.06, the highest since December.

Two weeks ago, LDK raised its quarterly and 2008 forecast. Today, the Chinese maker of silicon wafers said 2009 deliveries may double. Sales next year will climb to $2.8 billion to $3 billion, the company said. Analysts estimated 2009 revenue of $2.42 billion, according to Bloomberg. LDK also announced that the company's wafer plant reached the milestone of 1.0 GW annualized capacity. For 2009, LDK predicts safer shipments between 1.45 GW to 1.55 GW.

Investors generally are pleased LDK is trying to control its raw material costs by building polysilicon plants. Yet, analyst consensus has been Hold with the average target price currently below the share price. With the recent announcements and current momentum, could we be in for a wave of upgrades, or at least estimate raising?

Something else to point out is the growing short interest. It now stands at 16.44 million, and it would take 11.2 days of average daily volume to cover it. If this goes on, shorts might get spooked.

Many factors in the market now, including soaring oil prices and global warming concerns, have boosted the solar stocks. LDK Solar has regained its favored status recently in this hot sector. Sometimes, that's all that's needed.

LDK Solar shares jump -- will they move higher? originally appeared on BloggingStocks on Mon, 25 Aug 2008 18:25:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>ldkldk solarLdkSolarMon, 25 Aug 2008 18:25:00 EST<![CDATA[Option Update: LDK Solar September call volatility at 35 into positive EPS & outlook]]>http://www.bloggingstocks.com/2008/08/12/option-update-ldk-solar-september-call-volatility-at-35-into-po/http://www.bloggingstocks.com/2008/08/12/option-update-ldk-solar-september-call-volatility-at-35-into-po/http://www.bloggingstocks.com/2008/08/12/option-update-ldk-solar-september-call-volatility-at-35-into-po/#commentsFiled under: , ,

LDK Solar (NYSE: LDK) is recently trading at $40.25 in pre-open trading, above its close of $33.58. LDK reported Q2 revenue of $441.7 million, up 89.2% quarter-over-quarter. ThinkEquity says: "The shares of LDK offer significant upside, with its impending polysilicon production, which should lower the company's cost structure significantly." LDK August 35 straddle is priced at $3.95. LDK September call option implied volatility is at 74, puts are at 85; near its 26-week average according to Track Data. LDK puts are priced higher than calls because LDK is difficult to borrow.

Applied Materials (NASDAQ: AMAT) closed at $18.46 Monday. AMAT is scheduled to report Q3 EPS after the market close today. Kaufman Bros says: "We reiterate our Hold and $19 price target." AMAT August straddle 18 is priced at $1.10, September is at $1.90. AMAT September option implied volatility of 36 is near its 26-week average according to Track Data, suggesting non-directional movement after EPS.

Option Update is provided by Stock Specialist Paul Foster of theflyonthewall.com

Option Update: LDK Solar September call volatility at 35 into positive EPS & outlook originally appeared on BloggingStocks on Tue, 12 Aug 2008 09:24:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>amatapplied materialsAppliedMaterialsinthenewsldkLDK SolarLdkSolaroption implied volatilityOptionImpliedVolatilityTue, 12 Aug 2008 09:24:00 EST<![CDATA[LDK Solar beats and raises; shares jump nearly 20%]]>http://www.bloggingstocks.com/2008/08/11/ldk-solar-beats-and-raises-shares-jump-nearly-20/http://www.bloggingstocks.com/2008/08/11/ldk-solar-beats-and-raises-shares-jump-nearly-20/http://www.bloggingstocks.com/2008/08/11/ldk-solar-beats-and-raises-shares-jump-nearly-20/#commentsFiled under: , ,

LDK Solar Co. (NYSE: LDK) American Depository Shares are jumping nearly 20% to $40.01, up from a close of $33.58, after the solar wafer manufacturer reported second-quarter results after the close.

LDK experienced some 200% sequential growth in net earnings to $149.5 million, or $1.29 per ADS. Even excluding the change in fair value of prepaid forward contracts, the company earned 82 cents a share, according to Reuters Estimates. That beat -- more like trounced -- analyst estimates of 40-42 cents a share. Revenues for the quarter were $441.7 million, up 345.9% year-over-year from $99.1 million, beating consensus of around $282 million.

The China-based multicrystalline solar wafer, solar cells and solar modules manufacturer said additional manufacturing capacity, which exceeded its own expectations, allowed the company to sell more solar wafers.

LDK didn't just beat estimates, it also raised guidance. It sees third-quarter revenue of $486-496 million vs. consensus of $307.05 million. It raised its 2008 revenue estimate from $1.08-1.18 billion to $1.65-1.75 billion. This is again far higher than analysts estimates of $1.15 billion.

LDK has been a hot stock in a hot sector. Its shares have enjoyed a wild ride in 2007 as concerns over soaring oil prices and global warming have boosted the sector, culminating in LDK recording a 52-week high of $76.75 in late September of '07. Since then, new concerns over Spanish government cutting subsidies sent solar stocks lower.

The effect of these lower subsidies on the sector and LDK remains to be seen as perhaps they could be offset by orders from other European countries. LDK, though, is also trying to control its raw material costs by building polysilicon plants, the progress of which has been "tremendous" according to the company.

LDK Solar beats and raises; shares jump nearly 20% originally appeared on BloggingStocks on Mon, 11 Aug 2008 18:27:00 EST. Please see our terms for use of feeds.

Read | Permalink | Email this | Comments]]>earningsinthenewsldkldk solarLdkSolarMon, 11 Aug 2008 18:27:00 EST<![CDATA[Suntech Power (STP) delivers solid quarter; SOLF downgrade affects sector]]>http://www.bloggingstocks.com/2008/05/22/suntech-power-stp-delivers-solid-quarter-solf-downgrade-affec/http://www.bloggingstocks.com/2008/05/22/suntech-power-stp-delivers-solid-quarter-solf-downgrade-affec/http://www.bloggingstocks.com/2008/05/22/suntech-power-stp-delivers-solid-quarter-solf-downgrade-affec/#commentsFiled under: , , , ,

Suntech Power Holdings Co. (NYSE: STP), which saw its stock surge some 150% in 2007, didn't have such a good 2008 so far with its stock plunging about 44% year-to-date. But since setting a 52-week low of $28.19 on March 22, the stock has rebounded nicely, up over 55%. Roller coaster or what?!

Well, today, the maker of photovoltaic cells and modules said first-quarter earnings more than doubled on 76% higher revenue. Earnings reached $55.8 million, or 33 cents an American depositary share, beating analysts estimates of 28 cents. Revenue reached $434.5 million. Gross margins also expanded nicely and Suntech reiterated revenue estimates for 2008.

Early in the morning, STP shares jumped over 7% in premarket trading in response to the report but have not kept this up. Shares are now trading at $45.73, down over 1%, probably declining with the rest of the sector following Goldman Sachs's downgrade of Solarfun (NASDAQ: SOLF) to Sell from Neutral. SOLF shares are down over 18% taking LDK Solar (NYSE: LDK), Trina Solar (NYSE: TSL) and Canadian Solar (NASDAQ: CSIQ) down with it -- 5%, 8% and 13% respectively, to name but a few.

Continue reading Suntech Power (STP) delivers solid quarter; SOLF downgrade affects sector

Suntech Power (STP) delivers solid quarter; SOLF downgrade affects sector originally appeared on BloggingStocks on Thu, 22 May 2008 15:03:00 EST. Please see our terms for use of feeds.

Read | Permalink | Email this | Comments]]>canadian solarCanadianSolarcsiqearninginthenewsldkldk solarLdkSolarsolarfunsolfstpsuntech powerSuntechPowertslThu, 22 May 2008 15:03:00 EST<![CDATA[Now is the time to play LDK Solar]]>http://www.bloggingstocks.com/2007/12/26/now-is-the-time-to-play-ldk-solar/http://www.bloggingstocks.com/2007/12/26/now-is-the-time-to-play-ldk-solar/http://www.bloggingstocks.com/2007/12/26/now-is-the-time-to-play-ldk-solar/#commentsFiled under: , ,

Prior to LDK Solar (NASDAQ: LDK)'s earnings report, I told investors to stay away from the stock because I thought it was highly susceptible to a momentum stock breakdown. Although I made one factual error in the post (I said there was a 12:1 long/short ratio while the real number is around 5:1 because of the CEO's restricted shares), this call turned out to be spot-on and the stock got hammered after several company statements and warnings during the conference call.

But I think now could be an interesting time to become involved in LDK for a short-term trade.

First off, the stock is again-lagging other solar stocks on the market. For example, Solarfun Power (NASDAQ: SOLF) is up 35% in the last five days and First Solar (NASDAQ: FSLR) is up 12%. Comparably, LDK is down about 30% since the day the company reported earnings. Considering this, I think the stock is ripe for a bounce-back trade.

Continue reading Now is the time to play LDK Solar

Now is the time to play LDK Solar originally appeared on BloggingStocks on Wed, 26 Dec 2007 08:20:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>ldk solarLdkSolartechnical analysisTechnicalAnalysisWed, 26 Dec 2007 08:20:00 EST<![CDATA[Options update 12-20-07: LDK Solar volatility elevated after Q3 EPS]]>http://www.bloggingstocks.com/2007/12/20/options-update-12-20-07-ldk-solar-volatility-elevated-after-q3/http://www.bloggingstocks.com/2007/12/20/options-update-12-20-07-ldk-solar-volatility-elevated-after-q3/http://www.bloggingstocks.com/2007/12/20/options-update-12-20-07-ldk-solar-volatility-elevated-after-q3/#commentsFiled under:

LDK Solar (NYSE: LDK) reported Q3 EPS of 37 cents, meeting expectation.

LDK Q3 revenue rose 60% quarter over quarter to $158.7 million.

CIBC says: "We would look to become more aggressive on the shares at around high $40s/low $50s level, once the valuation premium dissipated."

LDK January option implied volatility of 133 and March of 107 is above its 23-week average of 103 according to Track Data, suggesting larger risk.

Options Update is provided by Stock Specialist Paul Foster of theflyonthewall.com

Options update 12-20-07: LDK Solar volatility elevated after Q3 EPS originally appeared on BloggingStocks on Thu, 20 Dec 2007 10:17:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>CIBCinthenewsldkldk solarLdkSolaroption implied volatilityOptionImpliedVolatilitysolar polysilicon plantSolarPolysiliconPlantThu, 20 Dec 2007 10:17:00 EST<![CDATA[Stay away from LDK Solar]]>http://www.bloggingstocks.com/2007/12/19/stay-away-from-ldk-solar/http://www.bloggingstocks.com/2007/12/19/stay-away-from-ldk-solar/http://www.bloggingstocks.com/2007/12/19/stay-away-from-ldk-solar/#commentsFiled under: , ,

I often find myself in agreement with my friend Tim Sykes. When I'm looking to make a trade, I often look at the chart and attempt to gauge the sentiment, just as he does. However, when I saw Sykes proclaim that LDK Solar (NYSE: LDK) had "further upside," I had to give the opposite view.

I'm not going to try and concoct an argument against solar stocks. In fact, I'm sure solar technology will do huge things for the American energy crisis in years to come, but I know one thing after watching the market for several years -- any sector or stock that gains a stubborn, cult-like following is probably going to end up suffering at some point in the future. The most cult-like stocks, in my opinion, are momentum stocks.

Don't get me wrong, I play momentum stocks. However, I admit I'm just playing the greater fool game when I'm trading these stocks. In other words, I admit I'm just trying to be another person trying to pull money out of the market by buying an irrationally-priced asset and hoping to sell it at an even more irrational price. The problem comes when investors and traders come along and try to justify the valuation the stock is currently receiving. I've learned a lesson I'd like to share with momentum traders: don't try to rationalize your buys by claiming the stock is 'undervalued' and looks long term, especially if that is way different from your normal decision making process that takes advantage of certain strengths you have cultivated over time.

Continue reading Stay away from LDK Solar

Stay away from LDK Solar originally appeared on BloggingStocks on Wed, 19 Dec 2007 15:37:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>ldkldk solarLdkSolartim sykesTimSykesWed, 19 Dec 2007 15:37:00 EST<![CDATA[LDK Solar has further upside potential]]>http://www.bloggingstocks.com/2007/12/18/ldk-solar-has-further-upside-potential/http://www.bloggingstocks.com/2007/12/18/ldk-solar-has-further-upside-potential/http://www.bloggingstocks.com/2007/12/18/ldk-solar-has-further-upside-potential/#commentsFiled under: , ,

LDK Solar (NASDAQ: LDK) logo On Monday, LDK Solar (NYSE: LDK) surged 20% to $68.18 on news that an investigation into the company's accounting came up clean, but like Rodney Dangerfield, the stock can't get no respect. Not one but two analysts kept their "Sell" ratings, both concerned with the company's dipping margins.

Maybe they're right, but it's funny that these analysts have held onto their bearish positions even as the stock has surged from $30 to $68 in less than a month (shows you what analysts know)! Analysts like their cushy jobs, so they can't go out on a limb and say something like, "Wait a minute, this latest surge really just makes up for the crash that was caused by investigation concerns. Now that that's cleared up, maybe this one's got more in the tank -- especially considering that while LDK was tied down all throughout October, November and the first half of December, other solar plays like First Solar (NASDAQ: FSLR), Evergreen Solar (NASDAQ: ESLR), Suntech Power (NYSE: STP), Sunpower (NASDAQ: SPWR) and Solarfun (NASDAQ: SOLF) have all doubled and more."

Continue reading LDK Solar has further upside potential

LDK Solar has further upside potential originally appeared on BloggingStocks on Tue, 18 Dec 2007 10:20:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>ESLRFSLRinthenewsLDKLDK SolarLdkSolarsolarSPWRSTPTue, 18 Dec 2007 10:20:00 EST<![CDATA[Options update 12-17-07: LDK Solar volatility aggressive]]>http://www.bloggingstocks.com/2007/12/17/options-update-12-17-07-ldk-solar-volatility-aggressive/http://www.bloggingstocks.com/2007/12/17/options-update-12-17-07-ldk-solar-volatility-aggressive/http://www.bloggingstocks.com/2007/12/17/options-update-12-17-07-ldk-solar-volatility-aggressive/#commentsFiled under:

LDK Solar (NYSE: LDK) was trading at $72.80 in early trading, above its close of $56.84 Friday.

LDK's audit found no material errors in its silicon inventory. LDK said the company has correctly reported its inventories. LDK will report Q3 EPS on December 19th. LDK January option implied volatility of 144 and March of 123 is above its 22-week average of 101 according to Track Data, suggesting larger risk.

Options Update is provided by Stock Specialist Paul Foster of theflyonthewall.com

Options update 12-17-07: LDK Solar volatility aggressive originally appeared on BloggingStocks on Mon, 17 Dec 2007 10:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>ldkldk solarLdkSolarno material errors in its silicon inventoryNoMaterialErrorsInItsSiliconInventoryoption implied volatilityOptionImpliedVolatilityMon, 17 Dec 2007 10:00:00 EST<![CDATA[Pre-market movers]]>http://www.bloggingstocks.com/2007/12/10/pre-market-movers/http://www.bloggingstocks.com/2007/12/10/pre-market-movers/http://www.bloggingstocks.com/2007/12/10/pre-market-movers/#commentsFiled under: ,

LDK Solar (NYSE: LDK) is up 16% on news of a new contract with Q-Cells.

Novavax (NASDAQ: NVAX) is trading up 12% on a partnership with GE (NYSE: GE)'s healthcare group.

Hemispherx Biopharma (AMEX: HEB) is off 20% on a terminated license agreement with Esteve.

Red Hat (NYSE: RHT) is moving down almost 4% on a downgrade from Jefferies & Co.

Stocks may trade differently in the pre-market than they do in the regular session.

Douglas A. McIntyre is an editor at 247wallst.com.

Pre-market movers originally appeared on BloggingStocks on Mon, 10 Dec 2007 08:27:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>HEBHemispherx BiopharmaHemispherxBiopharmaLDKLDK SolarLdkSolarNovavaxNVAXpre-market tradesPre-marketTradesRed HatRedHatRHTMon, 10 Dec 2007 08:27:00 EST<![CDATA[Option update: LDK volatility aggressive with inventory questions]]>http://www.bloggingstocks.com/2007/11/30/option-update-ldk-volatility-aggressive-with-inventory-question/http://www.bloggingstocks.com/2007/11/30/option-update-ldk-volatility-aggressive-with-inventory-question/http://www.bloggingstocks.com/2007/11/30/option-update-ldk-volatility-aggressive-with-inventory-question/#commentsFiled under:

LDK Solar (NYSE: LDK) is a manufacturer of multicrystalline solar wafers. LDK auditing report on the investigation of allegations of inaccurate inventory is expected in early December. LDK has said the company has correctly reported its inventories. LDK is expected to report Q3 EPS in mid-December. LDK December option implied volatility of 137 is above its 20-week average of 97 according to Track Data, suggesting larger risk.

Volatility Index S&P 500 Options-VIX is recently down 1.51 to 22.46; 10-day moving average is 25.46 according to Track Data.

Daily Options Update is provided by Stock Specialist Paul Foster of theflyonthewall.com

Option update: LDK volatility aggressive with inventory questions originally appeared on BloggingStocks on Fri, 30 Nov 2007 15:49:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>allegations of inaccurate inventoryAllegationsOfInaccurateInventoryLDKLDK SolarLdkSolarmulticrystalline solar wafersMulticrystallineSolarWafersFri, 30 Nov 2007 15:49:00 EST<![CDATA[Option update 11-14-07: Adobe volatility higher after four-day sell-off]]>http://www.bloggingstocks.com/2007/11/14/option-update-11-14-07-adobe-volatility-higher-after-four-day-s/http://www.bloggingstocks.com/2007/11/14/option-update-11-14-07-adobe-volatility-higher-after-four-day-s/http://www.bloggingstocks.com/2007/11/14/option-update-11-14-07-adobe-volatility-higher-after-four-day-s/#commentsFiled under: , ,

Adobe (NYSE: ADBE) announced on November 12 it is targeting annual revenue growth of approximately 13%. ADBE is scheduled to report on EPS on December 17. ADBE December option implied volatility of 40 is 32 according to Track Data, suggesting larger price fluctuations.

LDK Solar (NYSE: LDK) is a manufacturer of multicrystalline solar wafers. LDK has been investigating inventory allegations made by a former LDK employee, and the company is also subject to a SEC inquiry. LDK has said the company has correctly reported its inventories. LDK December option implied volatility of 123 is above its 18-week average of 92 according to Track Data, suggesting larger risk.

Daily options Update is provided by Stock Specialist Paul Foster of theflyonthewall.com.

Option update 11-14-07: Adobe volatility higher after four-day sell-off originally appeared on BloggingStocks on Wed, 14 Nov 2007 09:56:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>ADBEAdobeAdobe SystemsAdobeSystemsLDKLDK SolarLdkSolarmanufacturer softwareManufacturerSoftwaremulticrystalline solar wafersMulticrystallineSolarWafersoption implied volatilityOptionImpliedVolatilityWed, 14 Nov 2007 09:56:00 EST<![CDATA[Analyst downgrades: GPCB, AKAM, Q, SFLY and LDK]]>http://www.bloggingstocks.com/2007/10/31/analyst-downgrades-gpcb-akam-q-sfly-and-ldk/http://www.bloggingstocks.com/2007/10/31/analyst-downgrades-gpcb-akam-q-sfly-and-ldk/http://www.bloggingstocks.com/2007/10/31/analyst-downgrades-gpcb-akam-q-sfly-and-ldk/#commentsFiled under: , , , , ,

MOST NOTEWORTHY: GPC Biotech, Akamai, Qwest, Shutterfly and LDK Solar were today's noteworthy downgrades:
  • GPC Biotech (NASDAQ: GPCB) was downgraded to Sell from Neutral at Goldman, to Sell from Hold at Deutsche Bank and to Underweight from Overweight at Lehman after the company's phase III trial of satraplatin to treat prostate cancer did not meet its primary endpoint.
  • Deutsche Bank downgraded shares of Akamai Technologies (NASDAQ: AKAM) to Hold from Buy on valuation following the recent rally as they believe concerns around slowing growth, margins and capital efficiency will limit upside.
  • Qwest Communications (NYSE: Q) was downgraded to Sector Performer from Outperformer at CIBC and to Neutral from Overweight at JP Morgan following the company's disappointing Q3 results.
  • Jefferies downgraded shares of Shutterfly (NASDAQ: SFLY) following the better-than-expected Q3 results due to valuation.
  • Piper downgraded shares of LDK Solar (NYSE: LDK) to Market Perform from Outperform, as they expect higher blended poly cost for the company due to tightening scrap poly supply and increased competition.
OTHER DOWNGRADES:

Analyst downgrades: GPCB, AKAM, Q, SFLY and LDK originally appeared on BloggingStocks on Wed, 31 Oct 2007 10:25:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>akamakamaianalystbecbeckman coulterBeckmanCoultercommscopectvdowngradeelestee lauderEsteeLaudergpc biotechgpcbGpcBiotechldkldk solarLdkSolarmaxwellmxwlqqwestsflyshutterflyuaunder armourUnderArmourWed, 31 Oct 2007 10:25:00 EST