Holdings  > Holding Rationales  > Throwing good money after bad....

Holding: YGE

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Symbol Sector Return Exposure Trades Last Trade Status
YGE Electrical Components and Equipment -86.84% 
Long
4  10-Nov-08  Currently Holding
<< Previous Post

06-Aug-08

Throwing good money after bad...

Holding Rationale for YGE.

I have not done this since the internet bubble burst.  So why would I do it now?

This stock seems to be getting punished for no good reason.  Another very strange factor is the primary China solar company STP went up 6+% on a day when the YGE was punished 7%.  Piper Jaffary kept the $45 price target.

http://www.streetinsider.com/Analyst+Comments/Piper+Jaffray+Reiterates+$45+Price+Target+on+Yingli+(YGE)/3884385.html

I admit that I am getting a bit agressive based on my ego and not wanting to admit that I picked a real dog.  So I will not be surprised if I get burned.

Let's hope this falling knife has just one point to the upside in the coming weeks.

Is that too much to ask?

Tagged Stocks: YGE

 
 
 
 

Credibility in YGE

habarr

YGE Long
Rank 74/78
Return -86.84% at 2008-12-03
Rank 74/78
Trades 4
Followers 73
 

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