ReneSola Ltd. ADR (SOL) Social Stream



ReneSola Ltd. ADR (SOL): $1.93

0.10 (-4.93%)

POWR Rating

Component Grades

Momentum

B

Stability

D

Sentiment

Quality

D

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Industry: Solar

Industry

F

Ranked

#11 of 14

in industry

Featured Post From StockTwits About SOL

$SOL looks like we see $5's - gray rectangle zone. Climate concerns appear to be at the forefront of concern but on the back-burner. Company executing and keeping their word thus far. All the high growth companies appear to getting hammered, creating a lot of regret. Any attractive purchases 6 months ago are down - it doesn't mean companies that once shined are lost causes.

1. Expand into 2 new territories:
1st - Italy
2nd - TBD (Vietnam my guess)

2. Build 2GW pipeline
- Will not have complete pipeline picture until end of year.
Announcement of >=2GW for 2022 will set them up for $B in
revenues as those projects materialize and produce profits.

3. Use cash on hand strategically. It was mentioned that they are
looking to acquire EU company. Share buyback was also
mentioned on call, but can not distill their response. It is the
29:15 mark on the conference call if anyone wants to take a stab
at it.
Ryab, published August 14, 2021

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