Monday September 22, 2014


My First Hangover at the Greek Hovel – getting to know the locals in Kambos
Video Postcard #81 – Reflections on the summer at the Greek Hovel
The skies darken over the Greek Hovel as lovely Eleni and the rest of Kambos prepares for winter

PERSONAL, UNDILUTED VIEWS FROM TOM WINNIFRITH

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LDK Solar's Price Spike Offers Chance To Add To Short Position

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- Tom Winnifrith

Shares in LDK Solar (LDK) have spiked up to $0.86 in recent days on news that it has raised $23 million at $0.86 a share by issuing new shares to a Chinese investor. The deal looks an odd one and the math for LDK still look very poor indeed. I first advised shorting this stock at $1.38 on August 30th and reiterated that advice on September 19th at $1.25 warning then that shareholders equity will disappear by Christmas. It still will and the spike is another opportunity to go short.

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