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8 pts

Opinion on  LDK Solar Co. Ltd. (LDK)     Sector: Technology  >  Industry: Semiconductors
LDK - chinese solar rocket could launch if cleared

Nov 23, 2007 03:40 PM GMT
Return Risk
-65.94% HIGH
Analyst

This chinese solar company has great potential. Its business is booming with $2 billion in recent contracts just signed within last 2 months. However, due to some extreme market manipulation in conjunction with big accounting manipulation accusations from a former employee, this stock has been cut down over 50% recently.

Market has turned extremely negative and has left this stock for dead. It is my belief that once this mess is cleared up and situation is clearly defined, stock will return to reasonable levels. In addition, if the external audit shows LDK to be clear of all accusations, then LDK will surely rocket back up to previous levels.


LDK:  This call was made on 11/23/07 @ $30.64
Rating:   Positive   $30.64 (11/23/07)
Gain/Loss:   -90.50% in 1648 days
Target:   $70.00 (+128.46%) in > one year


+ Referring to this analysis:


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Your Comment

Who voted on this idea?
Orson adams 31% 11/28/2007
Sp0000 42% 11/27/2007


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