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Sorry had the year wrong, it was 500,000 shares of SOPW at .05 back in August of 2013. Total investment was $25,000. Saw the sale of Solar power Inc. to Xaoifeng Peng coming and took a shot at what he has done in the past to make LDK Solar a giant within 3 years. (2007 to 2010).
Wow, how did you know to buy SOPW when it was at $0.05 -- lucky you. Can you tell us how much money you invested at 5 cents and how much you sold out for now? You must have banked HUGE on this stock, congrats!
If Bankruptcy is what your going for.
http://investorshub.advfn.com/LDK-Solar-Co-Ltd-LDKYQ-9981/
READ the last paragraph LOWJACK !
SPI to begin trading on Nasdaq
18. January 2016 | Industry & Suppliers, Investor news | By: Vincent Shaw, Becky Beetz
SPI Energy Co. Ltd is transferring to the Nasdaq Global Select Market for trading from January 19, 2016, under the ticker symbol "SPI". Chairman, Peng Xiaofeng is expected to ring the bell in New York.
SPI is set to begin trading Tuesday Jan 19th.
The application by SPI Energy, formerly Solar Power Inc., to transfer from the OTC Markets to the Nasdaq Global Select Market has been approved. The company expects its American depositary shares to begin trading tomorrow under "SPI".
Chairman, Xiaofeng Peng, who previously led LDK Solar, is set to ring the opening bell of Nasdaq in New York to celebrate the uplisiting. In 2007, Peng launched LDK’s IPO on the New York Stock Exchange.
The news should assuage claims by critics of the company who suspected SPI of being involved in self-financing and self-assurance, and strengthen investor confidence.
Is that why Mr. Peng is ringing the opening bell Tuesday at the Nasdaq Exchange, and I will be at the Waldorf Astoria to shake his hand and thank him for making me a millionaire. (up 35% today at $19.00.) Bought in at .05 cents back in June of 2014. How do you like me now !!!!!!
Don't think you'll be hearing from me anymore after next week guys. Have a nice life.
I SPI a Giant Chinese Turd!
BIG IPO ON TUESDAY. HANG ON FUTURE MILLIONAIRES
SPI Energy to Ring the Nasdaq Stock Market Opening Bell
By GlobeNewswire, January 15, 2016, 12:04:00 PM EDT
ADVISORY, Jan. 15, 2016 (GLOBE NEWSWIRE) --
SPI Energy Co., Ltd. ("SPI Energy"), a global provider of photovoltaic (PV) solutions for business, residential, government and utility customers and investors, will visit the Nasdaq MarketSite in Times Square to celebrate its uplisting. The company will start trading on the Nasdaq Stock Market under the ticker symbol "SPI".
In honor of the occasion, Xiaofeng Peng, Chairman of SPI Energywill ring the Opening Bell.
Mr. Peng will be available for media interviews and discussions on China's clean energy sector.
Are the cars equipped with LOWJACK ? NEWS
SPI Energy Announces Closing of Investment in Electric Vehicle Rental Business
SOURCE SPI Energy Co., Ltd.
SHANGHAI, Jan. 11, 2016 /PRNewswire/ -- SPI Energy Co., Ltd. ("SPI Energy" or the "Company") (OTCBB: SRGYY), a global provider of photovoltaic (PV) solutions for business, residential, government and utility customers and investors, today announced the closing of its investment of RMB30 million for a 60% stake in Beijing Yiwei New Energy Technology Development Company ("Yiwei"), an Internet-based electric vehicle rental service provider located in China. The investment was previously announced on September 1, 2015.
The investment is expected to allow SPI Energy to provide solar energy to users of electrical vehicles and is an important component in SPI Energy's overall strategy to create a closed-loop solar energy ecosystem from power generation and power storage to power efficiency management.
SPI Energy believes that its rapidly increasing capability to fund projects through its Solarbao.com platform will help Yiwei to expand its existing fleet of electric vehicles, which will create further opportunities for SPI Energy's solar energy business.
Looks like Jan 19th IPO.
SPI Energy to Host Investor Luncheon on January 19 in New York City
By PR Newswire, January 06, 2016, 07:00:00 AM EDT
Event to provide an update on the global solar energy market as well as China's innovative Internet financing market
SHANGHAI, Jan. 6, 2016 /PRNewswire/ -- SPI Energy Co., Ltd. ("SPI Energy" or the "Company") (OTCBB:SRGYY), a global provider of photovoltaic (PV) solutions for business, residential, government and utility customers and investors, will host its first-ever investor luncheon on January 19, 2016 at 12pm in New York City at the Waldorf Astoria.
"This event will provide participants with an update on the global solar energy and storage markets as well as China's innovative Internet financing market," said Xiaofeng Peng, Chairman of SPI Energy. "I'm also excited to bring together SPI Energy's senior management team to discuss the Company's vision, strategy, and most importantly, our fast growing Solarbao businesses."
Joining Mr. Peng as speakers will be SPI Energy CEO Roger Ye, CFO Amy Liu, and COO HoongKhoeng Cheong as well as senior executives from Solarbao.com and its business units. In addition, Jim Schott, CFO of EnSync, Inc. (NYSE MKT:ESNC), an SPI Energy invested company, will give an update on the energy storage market.
Read more: http://www.nasdaq.com/press-release/spi-energy-to-host-investor-luncheon-on-january-19-in-new-york-city-20160106-00174#ixzz3wVYnVfPW
The public offering will open on the Nasdaq on Jan 19th
Excellent, gorobby!!
The New share represents 10 shares, the investor loses nothing. READ BELOW from the merger agreement last month.
Pursuant to the Merger Agreement, each ten issued and outstanding shares of the Company's common stock acquired prior to 3:00 P.M. EST, November 5, 2015 will be converted into the right to receive one American depositary share, representing ten SPI Energy ordinary shares ("ADS"); and issued and outstanding shares of the common stock of the Company acquired after 3:00 P.M. EST, November 5, 2015 will receive SPI Energy ordinary shares.
SPI and SPI Energy are in the process of applying for listing of the ADSs with the Nasdaq Capital Market and expect to complete that process in early 2016.
SOPW: Merger; Shareholders will receive 1 ADS of SPI Energy Co Ltd American Depositary Receipts (SRGYY), for every 10 shares held.
FINRA deleted symbol:
http://otce.finra.org/DLDeletions
What does SolarCity and the State of Nevada have to do with SPI Solar. By the way, a certain Chinese Solar Company will be going public next month. Shhhhhhh, don't tell anyone I told you.
http://www.siliconbeat.com/2015/12/23/99765/
Merry Christmas suckers!
Please provide a link for that.
Thank you.
White House Press 12-18-2015
Under President Obama, we've already taken the lead on the world stage. The President's Clean Power Plan will cut emissions from the U.S. power sector -- which makes up a third of U.S. emissions -- by more than 30 percent by 2030 and save more than $50 billion in climate and health-related costs in the process. It's the largest step the United States has ever taken to combat climate change.
And under his leadership, other countries are following suit. China, Brazil, and more than 180 countries representing nearly 95% of global emissions have announced climate targets, or Intended Nationally Determined Contributions (INDCs).
Climate commitments GIF
In Paris, he worked with world leaders to secure an agreement that:
1. Reflects ambitious climate targets from all countries;
2. Puts in place a long-term framework that incentivizes,such as credits toward wind and solar power for countries to ratchet down their emissions over time in a transparent way with a view to achieving a low-carbon transformation by the end of 2050.
3. Provides financial and technical support to the poorest and most vulnerable countries.
In Paris, the President met with President Xi of China, Prime Minister Modi of India, and leaders of island nations including the Seychelles, Kiribati, the Marshall Islands, Papua New Guinea, St. Lucia, and Barbados, to discuss the existential challenge these countries face from rising sea levels.
Except he doesn't have the authority to do that!
President Obama just announced that the tax credits for wind and solar power will continue for the next 5 years worldwide, a done deal!
SEC SAFEGUARDS
Investing in Foreign Stocks: ADRs and GDRs
By Ryan C. Fuhrmann, CFA
Investing in foreign stocks should be part of any investor's portfolio. Not only does it diversify your holdings, it offers plenty of opportunities to profit from trends and developments outside your home country.
The U.S. currently accounts for nearly half of the world's total stock market value, but that's likely to decline in the years ahead as more investors look to emerging markets such as China and India.
Below is an overview of the easiest ways to invest in foreign stocks, whether you live in the U.S. or any other country.
ADRs (American Depositary Receipt)
It’s important to note that an ADR must be sponsored by the underlying corporation. If not, the security is likely to be traded over the counter, which is considered more risky because there are fewer regulatory requirements.
different levels of sponsored ADRs and U.S. Securities and Exchange Commission (SEC) reporting requirements.
ADRs traded on the US OTC market, using existing shares. Company forms contractual relationship with single depositary bank.
Sponsored Level II
ADRs listed on a recognized US exchange (NYSE or NASDAQ), using existing shares
Form F-6, Form 20-F
Sponsored Level III
ADRs initially placed with US investors and listed on a recognized US exchange (NYSE or NASDAQ)
Form F-6, Form 20-F, Form F-1
Source: Deutsche Bank Depositary Receipt Services
ADRs, like domestic U.S. stocks, have to meet certain SEC filing requirements. An ADRs' annual report is known as a 20-F filing, which is similar to the 10-K filing that U.S.-based companies file annually.
Can't wait to short the ADR into oblivion! As soon as the Yuan hits the SDR it will fall like a democrat trying to defend a loosing argument!
Hey look, it's the other Giant Chinese Turd that he left on the US market!
http://investorshub.advfn.com/LDK-Solar-Co-Ltd-LDKYQ-9981/
Sorry it was the NYSE
Company Name LDK SOLAR CO., LTD.
Company Address HIGH-TECH INDUSTRIAL PARK
XINYU CITY, JIANGXI PROVINCE 338032
Company Phone 86 790 686-0171
Company Website www.ldksolar.com
CEO Xiaofeng Peng
Employees (as of 3/31/2007) 3145
State of Inc --
Fiscal Year End 12/31
Status Priced (6/1/2007)
Proposed Symbol LDK
Exchange New York Stock Exchange
Share Price $27.00
Shares Offered 17,384,000
Offer Amount $469,368,000.00
Read more: http://www.nasdaq.com/markets/ipos/company/ldk-solar-co-ltd-743796-54540#ixzz3sRU8WRub
I am only assuming the opening price of SOPW to be around $20 since CEO Peng opened LDK at $27 on the NASDAQ in June of 2007. Seems he is following the same game plan if you go back in time.
Well should be much higher than that since they are doing a 1:10 R/S. That alone would put us at $19 right now. That would mean the $10 million that someone just bought at $2.70/share would mean they actually bought them at $27/share post R/S price. I am assumming they would only do this if they believed the stock would be much higher than that fairly soon. My guess is that they would consider taking some off the table in the $30s post R/S
Not much left now to do but clean up the Turds!
http://finance.yahoo.com/news/another-chinese-executive-vanished-164220155.html
"NEWS" Ten Million more invested in SOPW
SPI Announces Exercise of Option in Connection with its Recent Private Placement
3 hours 18 minutes ago - DJNF
SHANGHAI, Nov. 19, 2015 /PRNewswire/ -- Solar Power, Inc. ("SPI") (OTCBB: SOPW), a global provider of photovoltaic (PV) solutions for business, residential, government and utility customers and investors, today announced that Melodious International Investments Group Limited has exercised the option to purchase 3,703,704 shares (the "Shares") of common stock of SPI at a price of US$2.70 per share for a total purchase price of US$10 million, pursuant to an option agreement between the two parties dated May 4, 2015. The Shares are restricted securities and are subject to a three-month lock-up period.
Start polishing!!!
Hey Lowjack, The Discovery Channel just showed how turds turn into coal and then diamonds !!!!!!
Imported Mexicans!
SOPW "NEWS" The Sacramento Kings are in Beijing to promote their new first and only totally solar powered arena in the world, and guess who's doing the job.
Altogether now- IPO, IPO, IPO Ho-DE-DO !!!!
Hey LOWJACK, That dingy just turned into the TITANIC, and this time she isn't sinking. I've been telling everyone on this board all along that a listing on the big board was coming soon. BUY and HOLD ON TIGHT !!!!!! TO THE MOON !!!!
SOPW news! "plans to raise as much as $300 million in an initial public offering on Nasdaq".
http://www.bloomberg.com/news/articles/2015-11-05/solar-power-eyes-300-million-u-s-ipo-to-crowdfund-green-power?cmpid=yhoo.headline
SPI Solar slowly climbing the charts ready to strike it big. A major buy and hold at this point. Lets not forget Chairman Pengs opening price for LDK back in 2007 was $15 a share. He vows to do the same for SOPW.
$SOPW merger seems to be diluting the common-shareholders.
From the $SOPW 8-K Oct-30-2015, it says: "Issuance of American Depository Share. In lieu of issuing SPI Energy ordinary shares, American Depository Shares (“ADSs”) will be issued, with each one ADS representing ten SPI Energy ordinary shares, to holders of issued and outstanding share of SPI common stock.
Cancellation of SPI Capital Stock. The SPI shares of common stock, par value US$0.0001 per share, of SPI exchanged for SPI Energy ordinary shares will be cancelled.
Repurchase of SPI Energy Share. SPI Energy will repurchase the one SPI Energy ordinary share that was held by SPI prior to the Merger at a purchase
price of U.S. $0.00001, which share shall be cancelled.
http://bit.ly/1M1GFns
What are your thoughts on what this company is doing with this announcement?
To the MOON and beyond. Imagine when they go on the BIG BOARD in early 2016 !!!!
Looks like backdating some options!
http://ih.advfn.com/p.php?pid=nmona&article=69035729&symbol=SOPW
At the very least it is a failure to disclose material information in a timely manner!
What else would you expect from a Giant Chinese Turd that is out of money!
Environmentalists are delusional!!! It's a mental diseas closely associated with socialism, communism, and fascism!
Apparently you do not realize the purpose of Solarbao.com/uk Read and understand what this website does. And I also guess that the 25% of the world that has already connected to the grid suffer from some sort of mass delusion !
Giant Chinese Turds don't float for long! It is just because this Turd is so big that it can't hide the fact that it is cheeper to burn oil for energy than to buy the pannels and wait 15 years or more to recoup the cost let alone pay the power bill because you may no longer be able to sell the excess to the grid!
LOOKS LIKE SOLAR POWER INC. IS OUTPERFORMING ITS PEERS !
Solar Power, Inc. breached its 50 day moving average in a Bullish Manner : October 14, 2015
Posted by CapitalCube on October 14, 2015 in Yahoo Finance | 157 Views | Leave a response
*Disclaimer : This is as of previous day’s closing price.
Technical Indicators
Below is a quick look at 5 technical indicators for Solar Power, Inc.. More studies are available on the Technical Chart.
Indicator
Signal
Closing Price above/below 50 Day Moving Average Bullish
Closing Price above/below 200 Day Moving Average Bearish
50 Day Moving Average above/below 200 Day Moving Average Bearish
RSI Reading Level (70) N/A
MACD Compared to 9D EMA Signal Line Bullish
View these and more technical studies for Solar Power, Inc.
Share Price Performance Relative to Peers
Considering peers, relative outperformance over the last year and the last month suggest a leading position.
SOPW-US‘s share price performance of 0.29% over the last 12 months is above peer median of -6.27%. The 30-day trend in its share price performance of 4.85% is also above the peer median of -4.60% suggesting that this company is a leading performer relative to its peers.
Cool! 1:10 R/S! Time to increase the Giant Chinese Turd Sucking Sound!
http://ih.advfn.com/p.php?pid=nmona&article=68693959&symbol=SOPW
I know some Democrats that a dumberer than dirt!
http://www.latimes.com/business/la-fi-solar-net-metering-20150927-story.html
We had better tell Mr. Peng to make sure the new SPI cars are equipped with LOWJACK, I'm sure there are some boiler room bashers that would want to steal them.
He can then charge it at one of SOPW's Solarboa financed charging stations. LOL
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