Sunday April 26, 2015
The Mrs. away, working without trousers again and the cats in disgrace
Kiddy Fiddler Greville Janner – another establishment cover up
Weekly Postcard #108 - All those links to India edition

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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