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Profiting from Panic-Selling in Trina

 Jun 08, 2008 10:48 AM UTC
Symbol Sentiment Start Return Closed
TSL Positive 06/08/08 -12.16% 06/16/08

Graphic_arrow1 Via Long Investment Ideas from Seeking Alpha:  

In this era where the masses only look at what Briefing.com tells <!---->them
and/or never actually open up an earnings report to look inside but
only react to the "headline" number, Trina Solar (TSL) is
giving back Thursday's gains on what I consider to be a stellar
report. The stock is back down to the $46 level, so I'll be adding to
my position when the market opens as I consider this a gift based on
what I saw. I'll explain the reality behind the numbers below.




As anyone in the market for more than a few months knows, earnings are all about "expectations" - Trina Solar
reported $0.51 EPS which beat the analysts expectations of $0.48.
Considering the small P/E ratio, this normally would be good enough, but
considering it's "solar" and people want to game earnings, people were
hoping for a larger beat - my estimate was they would actually do
something in the $0.60 to $0.65 range. Which they did achieve. Huh? You
just said they did $0.51.... how did they reach the $0.60-$0.65 range?


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