Solyndra's bankruptcy has captured most of the solar headlines nationwide this week, but there have been developments outside of this high-profile failure.
Bullish signs from China
Over the summer, LDK Solar
The company's buyback may be off to a slow start, but the CEO's purchase is worth noting. Insider buying is typically viewed as a strong sign for long-term investors and may be a sign it's time to get bullish on solar stocks.
Two become one
You would think this would mean shares would converge to the same price, but the B shares are still trading significantly lower. For investors looking to buy, I don't see any reason to pay more for Class A shares right now and would recommend Class B shares because with majority owner Total
This is a good candidate for a long/short pair trade for those so inclined.
Sports and solar
Sports and solar manufacturers continued their strange marriage this week when NRG
United Solar, a subsidiary of Energy Conversion Devices, also announced its panels will be installed at Pituacu Stadium in Brazil.
Who would have thought solar and sports would be such a great fit? But with World Cup sponsorships and stadium installations, sports and solar are like two peas in a pod.
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Fool contributor Travis Hoium owns shares of LDK, SPWRA, SPWRB, and has sold puts in SunPower. You can follow Travis on Twitter at @FlushDrawFool, check out his personal stock holdings or follow his CAPS picks at TMFFlushDraw.
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