added JKS at $14; entered orders to buy more at $12, $10; sell at $17, $19
My alt-energy buys have not been balanced; I have too much FSLR and JKS, not enough YGE, TSL, WM. I made a mistake, buying JKS twice at $16; I should have been more patient. It is strange that JKS and FSLR have been the weakest, as their 2Q11 reports have been, so far, the best of any of the solars. I expect YGE and TSL to report worse gross margins than either FSLR or JKS. Compared to a month ago, I am modestly more bullish on solars; I calculate modestly greater odds, that 2Q11 will be the trough in fundamentals for solars. But I need to constantly remind myself, a random swing in sentiment for the worse, or some macro shock, could drop solar stock prices by 30% overnight, at any time.
Now holding, each purchase 2% of portfolio:
FSLR @ $105, 100, 95
TSL @ $14
YGE @ $5.3
JKS @ $16, 16, 14
WM @ $31 |
