Jinko Solar Holding (JKS)

[tdeck]

Yeah bad time for it, I jumped out shortly after I got back in in the 13's but am seriously looking at it now to see where it settles out. After the Chines govt. pulled their stunt I was only a player in it, could not be long and stay long only wanted a 1 or 2 here or there.

Things will turnaround IMO, the Chinese govt. will reverse its policies after realizing how stupid they were. And contracts they already have and ones they are shooting for will with the Chinese govt walking back policies (if they do) will help and as we get into the cold season more focus will be put on co's like this as higher oil prices and politicians get on their proverbial soap boxes.

Once it settles I will get in but I think it has a little ways to go, shorts and negative news will remain for a bit. I have a friend who stayed in, and I told him wait till it bottoms throw more money at it and when it recovers and finds its new range he can sell and at least not be so deep in the red.

What will that bottom be I haven't a clue its a watch and see deal, and it won't just run off the bottom it will bounce up and down a little, IMO. Then should begin its trend, the biggest thing barring contract after contract hitting is the Chinese govt, the tariffs are a somewhat big deal IMO but, not as much as one would think

JKS does and is shooting for major deals outside the US where the govt's are more inclined to continue to throw tax money at pushing solar as that's the direction in which they lean. Just have to sit tight IMO watch the chart and be ready when the bottom is in.

Peace out.