Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
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).
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.
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
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.
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.
Your links don't seem to work, like your constant bashing.
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.
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.
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.
"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.
Hey Lowjack, The Discovery Channel just showed how turds turn into coal and then diamonds !!!!!!
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 !!!!
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.
To the MOON and beyond. Imagine when they go on the BIG BOARD in early 2016 !!!!
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 !
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.
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.
Hey LOWJACK, Just think how you'd look driving one of the new SPI Solar Powered cars through the streets of China. By the way those aren't turds in the road its bags of cash so be careful and try to avoid them like you do best.
I think that explosion was the SPI rocket taking off to the moon !
Hey LOWJACK call Roto-Rooter the drain is clogged.
Good trading day for SPI, something might be brewing.
Do your D & D Lowjack, they no longer have ties to any parent company such as LDK. Peng severed all last year if you go back to the PRs. That drain leads right to a reservoir of CASH
Point is SPI Solar is poised to go on the Nasdaq or NYSE, it is inevitable. Stock price will at a minimum open at $10.00
Your stooping to new lows LOWJACK, go find a pennystock you can bash. This ones on its way to the bigboard !
Wow, They are offering the investor a bargain price of $2.70 a share according to the press release. Gee LOWJACK let me go ask my 4 year old what that means.
Mr.Peng is setting the stage to go on the big board with an IPO price of $20.00 by 2016. I've been saying this all along in my posts.
That little dingy will be a YACHT SOON. SHANGHAI, May 28, 2015 Solar Power, Inc. ("SPI") (SOPW), a vertically-integrated photovoltaic ("PV") project developer, today announced its wholly owned subsidiary, SPI China (HK) Limited, has completed the acquisition of 80% of the outstanding capital stock of Solar Juice Pty Ltd ("Solar Juice"), the leading solar PV wholesale distribution business in Australia in 2013 and 2014 by wholesale volume. NOW IN AUSTRALIA !
Home
? Press Releases
? Penny Stock’s Buzzers – Solar (SOPW), Bank (IREBY), Allianz (AZSEY), Elite (ELTP)
Press Releases
By valuepenny stocks
ValuePennyStocks.com provides investors and traders with valuable trading tools and content as well as micro-cap stock alerts via eMail and text messages. To Join Our Text Message Alerts Service Just Text The Word VALUE To 555888 From Your Cell Phone.
Solar Power Inc(OTCMKTS:SOPW) was trading higher by 1.06% to $2.00.So far, around 54.04 46,092 shares have changed hands in this session. After opening at $1.97, the stock hit as high as $2.00. However, it traded between $0.17 and $2.95 over the last twelve months.Solar Power Inc (OTCMKTS:SOPW)declared that it has entered into a non-binding heads of terms with Global Renewable Construction Limited Group (“Global Renewable”) to acquire rights to develop 50 megawatts (MW) of solar projects in the UK. According to the heads of terms, SPI intends to complete the construction and development of 50 MW of solar PV projects in Wales and the Midlands, with conclusion for all the projects targeted between the third quarter of 2015 and the first quarter of 2016. SPI and Global Renewable will negotiate in good faith to enter into definitive agreements for each project.
I see Ol' Boileroom Basher LowJack is back. This must mean he wants to make his quick hit and run like a cockroach when you turn the lights on.
Why would SPI offer a SALE price of $2.38 to this new company they are getting 100% interest in according to todays press release. That could only mean one thing, this stock is gonna sore for all of its investors who got in below $2.38.
SPI Solar Gets New Credit Line Of $1.6 Billion
by James Ayre
SPI Solar, a notable solar photovoltaic (PV) project developer, has secured a new credit line of around $1.6 billion, according to recent reports.
SPI SolarThe new credit line is being provided by three separate banks in China — China Construction Bank, China Minsheng Bank, and Suzhou Bank. Under the new agreements, China Construction Bank is providing RMB 2 billion (~$319.342 million); China Minsheng Bank is set to provide RMB 7 billion (~$1.118 billion); and Suzhou Bank is set to provide RMB 1 billion (~$159.671 million).
According to earlier reports, SPI Solar will be utilizing the new credit lines for project financing, the financing of M&A projects, re-financing, and various other funding necessities.
Commenting on the new financing, the chairman of SPI Solar, Xiaofeng Peng, stated: “As a global company, we are delighted to announce these strategic partnerships with three of China’s strongest banks. Gaining the support of these three banks, usually reserved for China’s state owned enterprises, gives SPI the ability to execute on our strategic plan to an even larger scale and positions us to greater long-term value for our shareholders.”
Solar Power : SPI's Solarbao.com Online Investment Platform Recognized as China's Most Innovative Internet Finance Brand
04/22/2015 | 05:11pm US/Eastern
By a News Reporter-Staff News Editor at Energy Weekly News -- Solar Power, Inc. ("SPI") (OTCBB: SOPW), a vertically-integrated photovoltaic ("PV") developer, announced that its online investment platform, www.solarbao.com ("Solarbao.com") was named "Most Innovative Internet Finance Brand" by the China International E-commerce Association at the 2015 New Media Gateway Conference.
"We are honored to receive this recognition from the China International E-commerce Association," said Xiaofeng Peng, Chairman of SPI. "SPI launched our groundbreaking Solarbao.com investment platform in China early in 2015 to establish a new channel of financing for the solar industry. Since then Solarbao.com has seen strong acceptance by investors and has helped to promote growth and awareness of renewable energy in China. We look forward to expanding the scope of Solarbao's impact in the coming years."
SPI's Solarbao.com investment platform enables individual and institutional investors to purchase innovative capital leasing investment products designed to generate stable long-term returns. Through Solarbao.com, investors can make online purchases of solar modules and kits which are then leased for use in specified PV projects in China. In addition to a set annual return, investors can earn carbon credits, or "carbon beans", for each kilowatt hour of energy generated from their solar investment. Investors can also choose to purchase modules or Yes!® solar kits online at Solarbao.com for resale, or for use in their own PV projects with installation and financing services provided by SPI.