I was actually going to say that Trina Solar's competitive advantage is that it has J15 options, options trade at $0.01 increments, and the stock price has been a laggard in the Chinese solar industry. For these reasons I have bought some J15 $10 options today as well as some Mar14 $8 options.
I really don't know that much about TSL other than:
1. High quality Chinese manufacturer, one of the most established companies.
2. High exposure to Europe, supplies panels to SCTY. Should benefit from EU - China deal.
3. Needs an EPC business.
4. 2nd highest supply capacity after YGE. I have a feeling that this will greatly benefit TSL in a year or two if the economy picks up.
5. Relatively good balance sheet; significantly better than YGE.
6. Looks like China is going to force/encourage consolidation in the solar industry and TSL should be in a good position to pick up some cheap capacity assets. May be able to pick up some of STP's assets as well, probably along with some debt too if that company is dissolved.
7. Brand name
8. It is trading lower than it was before it preannounced good earnings. It also announced a big 300MW deal last week, and started the day really well before tanking later.
With a good earnings report, I feel like this stock can take off. At the same time I fear that it will pull a JKS and start the day up 15% and finish up only 4%; and then tank the next few days. With a bad report, it will probably tank even more. But the report shouldn't be bad, because when you preannounce a good ER, you only give half the good news. When you preannounce a bad ER, you give out all of the bad news.
