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Non-Tech : Alternative energy
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To: Jacob Snyder who wrote (11675)9/9/2011 3:56:05 PM
From: Jacob Snyder  Read Replies (1) of 16955
 
Bought more JKS at $10.55; it's down over 10% today, on no specific news. An amazingly volatile stock, which the market doesn't seem to have any idea how to value. Last year, the IPO was at $11, and the high was $42. It's being priced for bankruptcy, but it has the second-highest gross margins in the business, and the highest for c-Si companies. EPS was $6.62 last year, and revenues will double from 2010 to 2011.
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