YGE is +22% pre-market and the 100,000 SOL I bought yesterday is going to pay off nicely this morning, with the stock up 15% so far.
Let me entertain myseld by affixing rudimentary valuation comparisons in order to justify higher prices.
Year to date, who are the laggards?
EMKR (-15%), STP (-45%), DQ (+15%+), STRI (+23%)
Who are the cheapest on a p/s basis?
STP, CSUN, SOL, HSOL, JASO
Lastly, who are the most impaired on a debt/equity basis?
STP, CSUN, LDK and DQ
As an aside, I’m thinking it’s time for the shippers to run again, hard-core, 1970’s pornographic style, extra mustache. Morgan Stanley issued a bullish report on them yesterday.
See?
If the shippers are gonna run, solar style, the following names have the best chance of ripping.
GNK, FRO, EGLE, TNK, NAT, VLCCF, DRYS, GLOG, DSX, NM and BALT.
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Sold YGE with you yesterday. Doh.
Nice
I bought SOL with you yesterday. I just called my Dad to have him look at YGE and tell him how hot you are. Congratulations Fly!
Hat tip boss… solars wow.
Why FRO over DRYS or NM? Is the pure oil play better than a bulk mix? Just wanting your thoughts on why you pulled the trigger on FRO compared to the rest. My guess is the underperforming hedge funds and institutions on the skids YTD will want bigger more liquid names. This would imply DRYS correct?