Saturday October 10, 2015
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Two Chinese Solar stocks listed in the US to short - target price sod all

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- Tom Winnifrith

Amid the blind rush to combat global warming, solar energy was seen as a slam dunk growth industry. Investors rushed to risk speculative capital. Governments rushed to spunk taxpayers’ cash up against the wall. And now it is all ending in tears. The only way to make money from solar now is to look for stocks to short before the situation becomes near terminal. In that vein, I offer up LDK Solar (LDK) at $1.38 and JA Solar (JASO) at $0.96. In both cases, my target price is more or less nothing. I am sure that there are other shorts out there in this sector, and I will move onto others at a later point.

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