Although we don't believe in timing the market or panicking over market movements, we do like to keep an eye on big changes -- just in case they're material to our investing thesis.
What: Shares of LDK Solar
So what: It's no secret that the German government has been considering alternatives to moderate the growth of its solar industry. A hard cap on solar installations would have dealt the biggest blow to the solar space, but with the chatter about proposed subsidy cuts growing more and more each day, Mr. Market is breathing a sigh of relief that its worst fear probably won't come true.
Now what: I wouldn't rush into LDK just yet. With today's surge, shares of LDK have more than doubled over the past six months, while the sector is down during the same period. Today, LDK is once again reacting more positively to the news than Chinese solar stocks like Canadian Solar
Interested in more info on LDK? Add it to your watchlist.
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