Solar has been on fire the past few days due to some positive earnings reports out of the Chinese names. With
Yingli Green Energy (YGE) approaching a 20% gain in 3 days, I am going to sell off another 200 of my remaining 500 shares. Earnings are tomorrow and clearly with the "right" numbers the stock could be up 30% tomorrow for all I know, but if so I will probably sell the last of my position into that spike. When this group gets hot and heavy as it is beginning to, I begin to get nervous. Either way, I can lock in some gains here so I am choosing to, with the stock near $26.20. This takes the position down from 1% of fund to 0.6%.
Again as I stated with some sales of late, on a technical basis, many traders would actually be buying this stock here as it broke above a recent high of $25.50 this AM, but with earnings tomorrow, and not being a riverboat gambler I prefer to lock in gains along the way.
Long Yingli Green Energy in fund; no personal position
