tag:blogger.com,1999:blog-2335748440449035592.post3466385457822963037..comments2007-11-09T16:03:46.116-05:00TraderMarkhttp://www.blogger.com/profile/06241756200482130281noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-2335748440449035592.post-61307078645801292902007-11-09T16:03:00.000-05:002007-11-09T16:03:00.000-05:00Yes, valuation and it has capacity to improve on things such as efficiency and gross margins since its becoming a more integrated player. With that said, the stock is below where it was before last quarter while the sector is on fire so I exited TSL and will await earnings to see what all the companies report.<BR/><BR/>As for JA Solar - the usual fear about gross margins is creeping out from analysts. Now I wonder why they did not worry about Sunpower which has far worse margins than JASO - but now they come out and worry about it for JASO. Strange. The only issue with JASO is they are building all that they can, and need to expand to sell more so that could be a weight in the near term, but operationally they are doing very well.<BR/><BR/>As for TSL I have not liked the price action this quarter so I am staying cautious and in general this sector has run so much its hard to get behind many of the names I liked before like Suntech Power. All very expensive. FSLR is the only stock now without margin issues but its the most expensive of the lot.TraderMarkhttp://www.blogger.com/profile/06241756200482130281noreply@blogger.comtag:blogger.com,1999:blog-2335748440449035592.post-56856929480729798822007-11-09T12:55:00.000-05:002007-11-09T12:55:00.000-05:00Hello Mark,<BR/><BR/>Just wanted to get your opinion on TSL. Of all the solars, what made you chose this one? Valuation?<BR/><BR/>I was surprised to see JASO took a huge hit this morning on the earnings. But then the run up has been huge.fortune8http://www.blogger.com/profile/12397351520040152701noreply@blogger.com