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To: Sam who wrote (7974)	4/28/2010 3:55:57 PM
From: Jacob Snyder	Read Replies (1) \| Respond to of 16955

re: short candidates: ENER, ESLR, and SPWRA are all good short candidates. The reason I didn't pick them, is I thought the bad news was already in those stocks, to a greater extent than CSIQ or FSLR. I could easily be wrong. It would probably be useful to back-test my decision, once I cover my shorts. Remind me to do that, especially if my choice looks wrong. FSLR is also risky, because 30% of the shares are already shorted. This stock isn't going to zero. At some point, sentiment will turn on FSLR. When it does, all those shorts may try to cover on the same day, and it'll get real ugly real quick. Better to cover very early, than one day too late.

To: Sam who wrote (7974)	5/5/2010 11:59:21 AM
From: Jacob Snyder	Read Replies (1) \| Respond to of 16955

In retrospect, I'd have to say the best short candidates are CSIQ, ENER, and SPWRA. I won't short the Chinese companies, because they are backed by the deep pockets of the Chinese government. And, clearly, shorting FSLR before their earnings announcement was a mistake. ESLR has found support, at about $1.10, in March, April, and May. It may be already priced for bankruptcy. ENER just broke below $7, and I'm thinking about shorting it. disclosure: covered my FSLR short today at $134. Amazingly, I managed to get out even. I shorted at 131, and 140. Didn't have the courage to short more at 150. One of my rules is: admit when I've made a mistake, and close the position at the first opportunity. I will continue to hold my CSIQ short, as it is doing what I expected it to do. Bought more FAN (wind ETF) today, at $12. I now hold equal-$ amounts, bought at $14, $13, $12. Entered an order to buy more at $11. Will probably sell my highest-cost shares, at $14-16.