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Canadian Solar: Opportunity in Multiple Contraction from Dilution

 Jul 17, 2008 08:16 PM UTC
Return Risk
-53.62% MID
Tracked Blogger
Symbol Sentiment Start Return Closed
CSIQ Positive 07/17/08 -85.05% --

Graphic_arrow1 Via Long Investment Ideas from Seeking Alpha:  

Earlier this week Canadian Solar (CSIQ) increased the mid-range of their revenue guidance by 13%.  Then, that same evening, they announced that they were diluting shares by offering 3.5 Million new ones at $34 each.  A significant dilution.  The shares surged, then have since pulled back - appropriately.

But take a look at this, the last four quarters earnings are, according to Yahoo Finance, in order:




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