Wednesday, November 12, 2008

SOL (shit out of luck?)

Doji formation on huge volume? That's a very bullish sign. But, it looks like it may be breaking below the 52 week low... I'm averaged in at 5.66. Let's see how this plays out.


MatchPointTrader said...

I feel ya. I am thinking of buying more at this level but I need to liquidate some of my other positions to get some cash. SOL is tanking badly - that too with huge volume.

Complacent Panda said...

I'm holding on until earnings. While SOL appears to be down the biggest percentage, the solar sector is covered in red this morning (as well as everything else). I can't believe the volume...

On a brighter note, Forbes has an article on JA Solar (JASO) which might help to explain the drop in SOL.