CSUN - China Sunergy Co., Ltd. - Page 3

This stock is trading at $8.85. I have made profit from this stock once and wait for chance to buy again.

Press ReleaseSource: China Sunergy Co., Ltd.

China Sunergy Provides Update on Cash Position and Liquidity
Monday November 24, 8:00 am ET

NANJING, China, Nov. 24 /PRNewswire/ -- China Sunergy Co., Ltd. (Nasdaq: CSUN - News), ("China Sunergy" or the "Company") a specialized solar cell manufacturer based in Nanjing, China, today provided an update on the Company's cash position and liquidity as of September 30, 2008.

Despite challenging economic conditions, the Company continued to improve in liquidity in the third quarter. As at September 30, 2008, China Sunergy had cash and cash equivalents of US$122.1 million, with positive net operating cash flow. The Company also has access to a US$70M bank credit, untapped as of the end of September, and has seen no items which would interfere with the renewal of existing bank loans. Inventory in the third quarter was at a similar level compared to the second quarter, and the Company's working capital ratio improved from 178% in the second quarter to 212% in the third quarter.

As scheduled, the Company will report full financial results for its third quarter ended September 30, 2008 on November, 25 2008 prior to US market open, and will host a conference call following the earnings release at 8:00 a.m, Eastern Time or 5:00 a.m. Pacific Time (Beijing / Hong Kong Time: November 25, 2008 at 9:00 p.m.).

Major squeeze in lots of the small-cap China-based solars today. TSL, JASO, CSUN etc. I am now short TSL for the pullback via puts, long JASO and LDK via calls.

I believe CSUN is a strong buy at $3.31 a share

huge buy for monday

Oil moving. Solars have big upside over the near term...play the swing

CSUN
LDK
CSIQ
ESLR

UPDATE 2-China Sunergy posts loss; sees positive margins in Q2

http://www.reuters.com/article/marke...0090319?rpc=44

Close above $2 would be nice

nice call i took a look at these when you posted them and didnt want to enter because the rally already looked too extended - looks like there was room left to score.

took most off +20%

Loving the SOLAR'S

CSUN
ESLR
SOL
CSIQ

All forming cups. Look for a move out of this pattern next week

anyone take a look at the csun charts? Possible run in the near future?

Thinking about buying in more to lower my average cost, but am a bit concerned about having more invested here. Any opinions? This going to turn around?