Rochester,NY 7/11/2009 2:06:29 AM
Afternoon Stock Report - YGE - Yingli's Lousy Lowball - Sourced WhisperFromWallStreet.com
Yingli Green Energy Holding Co. Ltd.
Afternoon Stock Report - YGE - Yingli's Lousy Lowball - Sourced WhisperFromWallStreet.com
Yingli Green Energy Holding Co. Ltd. YGE
"It's the Mojave Desert," said Bill Smith, the vice director of economic planning. "There's not much other use for it."
That's a near-quote from a recent New York Times article on the growth of large-scale renewable energy projects out West. Of course, the "West" in question is western China, the desert is really the Gobi, and the bureaucrat's actual name is Wang Yu.
Clearly, Chinese regulatory permissiveness is a far cry from what we see here in the United States, with our untold number of solar-project applications held up by red tape and an ill-prepared Bureau of Land Management. Actually, I just checked -- the official number is 199.
Anyway, given that Western China is shaping up to be a desert playground for alternative energy projects, it's no wonder that dozens of Chinese companies, plus a few international outfits, all clamored for a piece of a government-backed 10-megawatt (MW) project out in the small northwestern city of Dunhuang.
Last Trade: 10.29
Day's Range: 10.04 - 10.75
52wk Range: 2.50 - 18.39
Volume: 5,099,725
ABOUT - Yingli Green Energy Holding Co.
Yingli Green Energy Holding Company Limited and its subsidiaries engage in the design, development, marketing, manufacturing, installation, and sale of photovoltaic (PV) products in the People's Republic of China and internationally. Its products include multicrystalline polysilicon ingots and wafers, PV cells, PV modules, and integrated PV systems. The company sells its PV modules under Yingli and Yingli Solar brand names to PV system integrators and distributors, as well as to installers, installers, and other value-added resellers. It also sells PV systems to mobile communications service providers in the People's Republic of China. The company was founded in 1998 and is headquartered in Baoding, the People's Republic of China.
---
During 2009 we have sent 40+ alerts with an average gain of over 80%. Below are a few alerts sent only to our whisperfromwallstreet.com members.
SPNG 1800%
AMNG 241%
RKBD 300%
UTRM 169%
TLLE 266%
Sign up now to receive free stock alerts
---
Please Read Our Disclaimer at http://whisperfromwallstreet.com/disclaimer.php
