Suntech Power Holdings Co., Ltd. (ADR) (STP)

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A solar energy company that designs, develops, manufactures and market a variety of PV cells and modules. Also provides PV system integration services in China.

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Avatar TMFSinchiruna (98.11) Submitted: 3/08/08 2:08 PM : Start Price: $49.45 STP Score: -20.92

Okay, so it's clear I picked this one way too early, but if I perceived long-term value at $49, you can bet I feel doubly confident in the lont-term value at $34! In real life, I've been buying in gradually, and have a cost basis of $42. I might be in the red on this one for a while, but this is a great company in a sector that makes just too much sense in a rising oil price environment. I believe solar will be a big part of the planet's solution to its energy woes, and China is th most de-coupled of all foreign economies... so I'm staying with STP for the long haul!!

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Avatar daisytheblacklab (71.86) Submitted: 3/12/08 4:25 AM

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What's your take on the recently announced convertible senior note offer? News seems to have been taken badly by the looks of the selloff, but I'm thinking it might have been a better move than obtaining a bank loan in the long run.

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Avatar AnomaLee (99.74) Submitted: 5/12/08 10:38 PM

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These shares are in for some serious dillution in the future... But I remember the dot-com days and this company reminds me of Yahoo. One of the early leaders that isn't going to go anywhere. The "Get Big Fast" may apply here...

I own small amounts of STP... I used to speculatively trade YGE heavily week to week, but a few bad trade will will get you out quick... Thankfully I manage my risk with some intelligence and not like a hedge fund manager.

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Avatar playswithcats (< 20) Submitted: 5/13/08 12:01 AM

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If it's any reassurance, this is the one solar company in the portfolio of Outstanding Investments, the top-performing newsletter (per Hulbert's, at 40%/year) over the past 5 years. Having said that, I sure hope it moves soon. I'm sitting on some call options ...

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