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Non-Tech : Alternative energy

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To: Jacob Snyder who wrote (14133)	4/23/2013 4:54:26 PM
From: Jacob Snyder	Read Replies (1) of 16955

Yingli Green Energy Signs US$165 Million Loan Agreements with China Development Bank reuters.com YGE up 8% today; TSL up 10%, indicating the market thinks TSL will also continue to have access to capital. STP down today, indicating the market thinks STP will continue to not get new loans. LDK, CSIQ, and JKS up 4-5%, indicating uncertainty about whether they will be treated like STP or YGE. The Chinese government is picking winners and losers. They allowed STP to go under, and I believe they won't save LDK either (or, at least, not in a way that leaves current stockholders with anything). My YGE average cost is $4.30. The last rally in YGE took it from $1.25 to $3.63, and the stock recently set a higher low at $1.62. There are indications the fundamentals have bottomed for solars (warning: I've been wrong on this before), so we may get a higher high (above $3.63) on the current rally. I'd be happy to get out even with YGE.

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