LDK ... an overreaction short play?

squarepusher said: "[url]http://finance.yahoo.com/q/bc?s=LDK&t=6m&l=on&z=m&q=l&c=[/url] took a huge hit based on some accounting problems ... granted this has already tripled, but has a recent drop of over 30%. Knowing China stocks, this may have fallen too hard on 'no' news really, and could see some quick profits"

rcajht said: "Price and moving averages has closed below its Short time moving average.Short time moving average is currently above mid-time; AND below long time moving averages.The relationship between price and moving averages is: neutral in short-term; and neutral in mid-long term."

Aligator said: "You have to smile at it all, don't you? [QUOTE]A former employee of wafer whiz LDK Solar (NYSE: LDK) has accused the company of inventory-reporting shenanigans. The discrepancy that's been cited would equate to an overstatement of about 33%. The company has taken a few actions in response. It made sure to note that this individual, hired as a financial controller, was fired after he didn't show up to work for about a week. This ought to help cast doubt on the claim by creating the image of some sort of jilted, slacker employee. More substantively, the company has conducted a physical inventory check, and contracted an independent party to do the same. The latter is obviously the most crucial to regaining credibility. It's somewhat amazing to see how much damage has been done to LDK's stock price by a hint of management impropriety. This is an unfortunate part of investing in a business on the other side of the world. When uncertainty is in the air, that wafer factory starts to feel very, very far away -- if, indeed, there is a factory. (Cue ominous music.) That right there is the psychology of fear at work.[/QUOTE]"

Harry said: "One of Jim Cramer's more memorable teachings... If a company has accounting problems don't walk...RUN!!!!!!!!! If it's a Chinese company with accounting problems rocket yourself out of there. ALTERNATIVE PLAY... Cypress Semiconductor Corporation (CY)"

caller006 said: "yup these Chinese stocks are unpredictable, it dropped 25% on Wednesday without any warning, no news at all, not until the end of the trading day"

squarepusher said: "another 25% drop today, I am betting that there is no discrepancy in inventory, and will buy now at their July prices."

caller006 said: "This stock is getting hit hard. whats a good entry point? down 35.80 AM 10/8/07"

TimberSeal said: "Another Alternative Play :th_coolio: AMSC - American Superconductor Although you just missed the run"

squarepusher said: "[QUOTE=TimberSeal]Another Alternative Play :th_coolio: AMSC - American Superconductor Although you just missed the run[/QUOTE] ya, looks like a great run it had. I think any price around $35 is good really. This was $76 2 weeks ago, I predict it will be somewhere near those levels again ,,, within 1 month. What i will probably end up doing is place an order with TIIIIGHT stop tommorrow, like 1% stop, then if it breaks through that stop, place another order when i think it has settled"

squarepusher said: "BArrons might have just sealed LDK's fate [url]http://online.barrons.com/article/SB119162915757750853.html?mod=yahoobarrons&ru=yahoo[/url] LDK people are furious [url]http://messages.finance.yahoo.com/Stocks_%28A_to_Z%29/Stocks_L/forumview?bn=51438[/url]"

EatMyShorts said: "At this point, nobody knows the truth. Any investment here would be a pure gamble."

newinvestor123 said: "[url]http://fineartofresurfacing.blogspot.com/[/url] I'll be watching for an entry point today..."

squarepusher said: "get ur entry point while you can now, company press release just occured should shoot this back up"

newinvestor123 said: "I was wondering why it was rallying..."

squarepusher said: "press release and earnings increase ... when will my wire transfer be accepted?"

caller006 said: "2 class action law suites just got released on them. I'm pretty sure its gonna get hit red 2marrow"

squarepusher said: "they also raised guidance [url]http://finance.yahoo.com/mp#ldk[/url] and im pretty sure those lawsuits are ambulance chasers, same company who filed suit against NTRI today ... but, yes its your own risk here =] i plan to back up the suv soon"

squarepusher said: "in at 45.15, will average down on drops below 42.50, if we even see those"

squarepusher said: "gentlemen! LDK is the steal of the day in 30's price 500 Million contract today gg"

squarepusher said: "woooo hoooooooooo! LDK payday is today and for the next 3 weeks, and for the next 2 years [url]http://finance.yahoo.com/q?s=LDK[/url]"

JAP said: "[quote=squarepusher;59666]woooo hoooooooooo! LDK payday is today and for the next 3 weeks, and for the next 2 years [URL]http://finance.yahoo.com/q?s=LDK[/URL][/quote] So tell us... how many shares did you have on? Good call by the way!"