Tuesday, September 30, 2008
Market Crash
There were lots of buying opportunities yesterday.  Solar stocks like LDK, FSLR, & SOL got pushed way down even thought the fundamentals are good.  By the end of the year I expect to see SOL back to nearly $20 and LDK hit $50 again.  According to a post in Digitimes today, spot polysilicon prices are over $400/kg and 6-inch solar wafers are around $12.  As LDK progresses towards 16,000 tons per year of polysilicon production their earnings will continue to grow.  I see the stock price hitting $100 by late 2009.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment