Ldk waking up

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  • MotherLoad
    Banned
    • Oct 2007
    • 208

    Ldk waking up

    Putting this one on watch for a good entry, chart woke up a little time.
    Think 35 target is very safe for this short term, rather be conservative
  • MotherLoad
    Banned
    • Oct 2007
    • 208

    #2
    Told u i was conservative, Target met and then some, glad i held 46+ exit,
    Up 11 today for me, and might look at it again when buy-op presents it self.

    Ill take 35-47 any day Mr markets board is Huge
    we done there and da gone we struck the mother load =]

    Comment

    • skiracer
      Senior Member
      • Dec 2004
      • 6314

      #3
      Originally posted by MotherLoad View Post
      Told u i was conservative, Target met and then some, glad i held 46+ exit,
      Up 11 today for me, and might look at it again when buy-op presents it self.

      Ill take 35-47 any day Mr markets board is Huge
      we done there and da gone we struck the mother load =]
      I took a look at LDK yesterday when you posted on it and didn't see what it was that you saw in it. It looks like it turned out pretty good for you but could you explain to the rest of us what you saw in that chart that made you buy a $35 stock from that chart. Renagadaz has posted a pretty decent list of stocks over the last few days and both FSTR and VIP had charts that looked excellent. So good that I bought VIP today and would have bought FSTR if it hadn't gotten away on the big gap up. When someone picks up 11 points from a chart like LDK's I have to ask them what it was that you saw there that I didn't. I need something substantial to validate that trade. Thanks for a much needed explanation.
      THE SKIRACER'S EDGE: MAKE THE EDGE IN YOUR FAVOR

      Comment

      • MotherLoad
        Banned
        • Oct 2007
        • 208

        #4
        I saw a short squeeze fueled by technical indicators, in a hot sector as oil continues to rise. The indicators showed me the stock was about to turn up.

        Im not sure how you post charts here, but if look u will notice a bottom then like a doji candle, the next white day was confirmation. Combined with rsi macd crosses, and then on friday it closed again above past resistance of 40.20 area.

        Too close the week @ 45.75 , up next resistance around 47.25

        we done there and da gone we struck the mother load =]

        Comment

        • MotherLoad
          Banned
          • Oct 2007
          • 208

          #5
          100% gain

          hit 60 today wooooot

          Comment

          • skiracer
            Senior Member
            • Dec 2004
            • 6314

            #6
            Originally posted by MotherLoad View Post
            hit 60 today wooooot
            Motherload,
            I didn't see what you saw in the chart but you certainly picked a nice one. Regardless of the chart it turned out to be a beauty. Nice play and congrats on a big winner.
            THE SKIRACER'S EDGE: MAKE THE EDGE IN YOUR FAVOR

            Comment

            • mrmarket
              Administrator
              • Sep 2003
              • 5971

              #7
              Let's put it this way. Anyone who thinks that someday we will not be harnessing solar energy isn't thinking straight:

              LDK's Big Day
              By Toby Shute December 11, 2007
              5
              Recommendations
              When shares of LDK Solar (NYSE: LDK) got KO'd a little more than two months ago, nobody was happy with my coverage of the story. Defenders derided me for playing into the ploy of a disgruntled employee, while one skeptic slammed me for giving the firm any credit at all. Passions run curiously high when it comes to this Chinese solar ingot and wafer manufacturer. Chalk it up to testosterone, perhaps.

              With the matter still unresolved, I've refrained from commenting on subsequent developments at LDK. An audit is ongoing, so third-quarter results have not been released. Management has indicated that wafer shipments totaled roughly 75MW, resulting in $140 million to $150 million in sales. Fourth-quarter guidance foretells low double-digit growth compared with the third quarter. Unfortunately, the utility of these figures is somewhat diminished by management's present credibility problem with investors.

              More reassuring is the string of supply agreements that have surfaced since the silicon-inventory spat. After all, these customers are putting their own futures on the line by hitching up to LDK. Then again, some of these cell-makers are really feeling the silicon squeeze, and they're pretty desperate to secure future supply. If your choices are Hoku Scientific (Nasdaq: HOKU) and LDK, the latter looks pretty good. Both firms are unproven when it comes to producing polysilicon, but at least LDK has the wafer experience under its belt.

              So first, there was the Solarfun Power Holdings (Nasdaq: SOLF) deal, and then Canadian Solar (Nasdaq: CSIQ) went ahead and doubled its requested supply of wafers. But the real doozy came this Monday, with German giant Q-Cells ordering up six gigawatts of wafers, to be delivered over a 10-year period.

              It's hard to say whether the adjustable pricing mechanism will ultimately prove beneficial for LDK. But in a clear improvement over prior deals, Q-Cells will prepay for 10% of the order. That provides a nice addition to LDK's other sources of liquidity, and minimizes the company's reliance on future equity offerings.

              This deal is an excellent development for a company that's seen too much drama. I look forward to hearing the results of the inventory audit, and I hope that we can put that bit of unpleasantness behind us.

              Related Foolishness:
              =============================

              I am HUGE! Bring me your finest meats and cheeses.

              - $$$MR. MARKET$$$

              Comment

              • MotherLoad
                Banned
                • Oct 2007
                • 208

                #8
                Hey brother hit 75, on the news that

                LDK Solar Stock Surges as Firm Concludes Audit
                By Brett Philbin
                Word Count: 185 | Companies Featured in This Article: LDK Solar

                American depositary shares of LDK Solar Co. surged 22% after the Chinese solar-wafer maker said an independent investigation by its audit committee found no material errors in its silicon-inventory levels.

                The investigation was launched after former controller Charley ...



                You got to understand how these crooks work, ie the shorts, they tanked the stock weeks back on Bs rumor that company was lying about inventory.

                Its now earnings time, I called this under 30 i have taken profits of the table, but tucked away 500 shares for longer. The shares are basically free, since they are part of my profits. I also have been trading this daily aside from my long position. Its getting near historical resistance, will have to break 75 to go further, with this said earnings are coming. Hope you guys swung for over 100% and banked with me.

                Hope all have a happy holidays

                Comment

                • MotherLoad
                  Banned
                  • Oct 2007
                  • 208

                  #9
                  Was just looking at chart, 76 is the key it needs not 75 to have a blue sky

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