Solar & Battery Orders; Solar Stock and EV Woes: Two Weeks In Cleantech, 9-22-2012: Jeff Siegel September 17: Wi...

Solar & Battery Orders; Solar Stock and EV Woes: Two Weeks In Cleantech, 9-22-2012

Solar & Battery Orders; Solar Stock and EV Woes: Two Weeks In Cleantech, 9-22-2012: Jeff Siegel September 17: Wi...

September 17: Will LDK Solar (NYSE:LDK ) Become a Penny Stock? LDK Solar (NYSE:LDK) has sent a revenue warning and cut its full-year revenue forecast for the second time this year. The company is now expecting Q3 revenue to come in at between $220 million and $260 million. Analysts were expecting more than twice that on the low-end of LDK's estimates with $453.6 million. And to add insult to injury, I overhead an analyst last week saying China solar companies, like LDK, are on a one-way track to penny stock status. Ouch! I was actually at the Solar Power International Conference last week, where I overheard that analyst, and I'll have some updates on the solar space later in the week. All in all, the solar industry is exactly where I've been saying it is – maturation mode. Growing pains are really starting to sting, but there are definitely some silver linings, especially ...

Full article: http://www.altenergystocks.com/archives/2012/09/solar_bat...

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