The whole group is moving right now, and Yingli is reporting before the open tomorrow.
The stock is at $27.15 up $2.81 (11.59%).
My problem is that the stock was up 7.8% yesterday and a miss could be very expensive.
Not a lot of public guidance but since ENER blew away the estimates last week, followed by CSIQ this week it sure does seem that this is the "Happy Time"*.
|16-Apr-08||Up/Down||YGE: Lehman starts at OVERWEIGHT|
|27-Feb-08||Up/Down||YGE: Citigroup starts at HOLD|
|27-Feb-08||Up/Down||YGE: Banc of America cuts to NEUTRAL|
|19-Feb-08||Up/Down||YGE: Jesup & Lamont reits BUY|
|19-Feb-08||Up/Down||YGE: AmTech Research reits BUY|
|15-Feb-08||Guidance||YGE guides above consensus|
|15-Feb-08||Earnings||YGE misses by $0.02|
|13-Feb-08||Up/Down||YGE: AmTech Research starts at BUY|
From Yahoo Finance:
|Earnings Est|| Current Qtr |
| Next Qtr |
| Current Year |
| Next Year |
|No. of Analysts||9||9||12||11|
|Year Ago EPS||N/A||N/A||2.89||6.53|
*It's a WWII ref:
From June until October 1940, over 270 Allied ships were sunk: this period was referred to by U-boat crews as "Die Glückliche Zeit", the Happy Time.
Second Happy Time
The Second Happy Time was the informal name for a phase in the Second Battle of the Atlantic during which Axis submarines attacked merchant shipping along the east coast of North America. The first "Happy time" had been in 1940/41.It lasted from January 1942 to about August of that year. German submariners named it the happy time or the golden time as defence measures were weak and disorganised, and the U-boats were able to inflict massive damage with little risk. During the second happy time, Axis submarines sank 609 ships totaling 3.1 million tons for the loss of only 22 U-boats. This was roughly one quarter of all shipping sunk by U-boats during the entire Second World War, and constituted by far the most serious defeat ever suffered by the US Navy.