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Author Topic: CSUN - China Sunergy
breadwinner
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I recently purchased the inital dip that usually comes after the first few trading sessions of an IPO. Usually they shake out the weak hands at the bigining and the stock end up grinding higher in the weeks ahead. China Sunergy is engaged in the solar cell business is China. Analyst are saying shares of companies in this line of business will be heavily accumulated by firms throughout this summer. My first swing target on CSUN is prior highs (16.70), with a $20+ handle coming by the end of summer.

China Sunergy Co., Ltd. and its subsidiaries engage in the design, development, manufacture, and marketing of solar cells in China. The company manufactures solar cells from silicon wafers utilizing crystalline silicon solar cell technology to convert sunlight directly into electricity through a process, known as the photovoltaic effect. China Sunergy sells its solar cell products through direct sales force to module manufacturers and system integrators, who assemble its solar cells into solar modules and solar power systems for use in various markets worldwide. The company was founded in 2004 and is based in Nanjing, China.

Latest PR's:

http://biz.yahoo.com/ap/070613/solar_power_sector_glance.html?.v=1

http://biz.yahoo.com/prnews/070608/cnth009.html?.v=13

Posts: 79 | From: California | Registered: Sep 2005  |  IP: Logged | Report this post to a Moderator
   

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