Solarfun Power-SOLF target raised to $22 from $18, reiterate Buy...JEFF Jefferies raised their target and estimates following the company's Q2 results to reflect stronger volumes, better-than-expected pricing, and a modestly better opex profile.
Warning that the average selling price of its photovoltaic modules could fall in 2009.
"Although near-term supply constraints and higher costs persist, we see visibility for better conditions beginning in the fourth quarter of this year and further improvements throughout 2009," Harold Hoskens, Solarfun's chief executive, said in a statement.
Expects average selling prices, which have been strong so far this year, to decline 5 percent to 10 percent from expected fiscal 2008 prices.
thanks for the chat Mojo :) it was great fun finding out about your work and getting a little inside information :) i look forward to hearing more from you in the near future -
Did you buy under the pivot point ($13.91) today? ........ we are over $15.00!
Tradewithmojo 3 years ago
Solarfun Power-SOLF target raised to $22 from $18, reiterate Buy...JEFF Jefferies raised their target and estimates following the company's Q2 results to reflect stronger volumes, better-than-expected pricing, and a modestly better opex profile.
Tradewithmojo 3 years ago
Warning that the average selling price of its photovoltaic modules could fall in 2009.
"Although near-term supply constraints and higher costs persist, we see visibility for better conditions beginning in the fourth quarter of this year and further improvements throughout 2009," Harold Hoskens, Solarfun's chief executive, said in a statement.
Expects average selling prices, which have been strong so far this year, to decline 5 percent to 10 percent from expected fiscal 2008 prices.
Tradewithmojo 3 years ago
Start looking at the ema200 about $15.84 and see if that holds. I would not try to make a bottom with this one.
Tradewithmojo 3 years ago
Down to $17.01 this morning.........
Tradewithmojo 3 years ago
No one wants to be the last one out the door!
Tradewithmojo 3 years ago
MC 93 up 20.26% @ $19.75 now... not to bad!
Tradewithmojo 3 years ago
thanks for the chat Mojo :) it was great fun finding out about your work and getting a little inside information :) i look forward to hearing more from you in the near future -
lets make some money !! :D:D
intersliced 3 years ago 2
intersliced,
Yes....... let's make money!
Tradewithmojo 3 years ago
TM: Toyota to equip Prius with solar panels
Tradewithmojo 3 years ago