LDK Solar is On Its Last Leg

LDK Solar (NASDAQOTH: LDKSY  ) missed another debt payment in late August after missing payments in April and June. The company is quickly going the way of Suntech Power (NASDAQOTH: STPFQ  ) , which is restructuring a debt laden business. Solar analyst Travis Hoium goes over the challenges facing LDK Solar in the video below. 

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  • Report this Comment On September 10, 2013, at 1:01 PM, Techfusion wrote:

    To the best of my knowledge, Suntech didn't go bankrupt and they are at present restructuring to a leaner business model.

  • Report this Comment On September 11, 2013, at 7:21 AM, camarodan64 wrote:

    nevermind......LDK bond payments dates are now pushed back 1 month, by the new bond payment deadline LDK will make the payment sept 22 2013,

    so stop trying to scare people with a missed bond payment headlines ok. try this " LDK Solar is looking at..huge expansion in solar modules production available plus poly si plant waiting for the switch to be flipped for ramp up productions to 14,000 kilos.........1gigawatt module idle capacity. by the bonds get the production, dont let wall street numb your senses to LDKs solar expansion profile........thing is the plants are ready to produce.. solarcellstocks

  • Report this Comment On September 13, 2013, at 7:25 PM, longline wrote:

    The tide is turning,The tracks are in place the train

    is getting ready to move,when it does it will be

    filled with precious cargo!!!

  • Report this Comment On October 01, 2013, at 10:01 AM, Captgary07 wrote:

    Well since that article LDK is up from $1.58 to $ 2.11..I guess just doing the opposite of the article was the right move.I wish I did not read it..Was going to buy LDK :(

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