The volume really isn't all that high suggesting that if there is a real reason behind this move, it could really take off when word gets out. Otherwise, it's a pump and dump, as I've seen ESLR do before.
ESLR is #7 on the %price gainers list today. What's going on? Looks like auto-triggered purchases. MF4
Base is built.. now the momentum begins. This will run ahead if it can sniff out any catalysts. Looks like earnings in May. May 2nd to be specific. There's some time on this. 1.30/1.20 is important
Most of the loses on the Devans closing are paper loses I believe... There may be some residual severance and plant closing costs this Q, but I expect ESLR's current Q to look a bit better as the new china operations take off, though probably still in the red. Cash burn last Q wasn't that bad consider all that they did.
I have hope in that they are morphing into a chinese solar producer that can become profitable. My biggest concern is that moutain of debt starting to come due in 2013, but a profitable 2012 could offer new opprotunities to deal with that.