A Goldman Sachs Analyst downgraded Trina Solar (TSL)

According to a Goldman Sachs Analyst, he downgraded Trina Solar (TSL), yesterday. Downgrading TSL was related to its cash flow concerns. The Motley Fool also chimed that companies like Solarfun (SOLF) and ReneSola (SOL) aren't doing nearly as well as their accounting numbers might let on


The analyst said, “If they don't keep earning, they won't be able to pay off their debt!”. Amongst Solar Stocks that has been sent to be downswing last night are :

• Canadian Solar (CSIQ) is down $2.74, or 7.6%, to $33.62.
• Suntech is down 69 cents, or 2%, to $33.72.
• SunPower is down $3.19, or 4.8%, to $63.46.
• Solarfun is down $1.03, or 6.4%, to $15.11.
• Yingli is down 2 cents, or 0.1%, to $14.90.
• First Solar is down $14.17, or 5.2%, to $256.51.
• Evergreen Solar is down 38 cents, or 4%, to $9.09.
• MEMC is down $1.88, or 3.2%, to $57.76.

I have made an appropriate analysis for Solar Stocks seven hours before market open, yesterday. Here is Solar Bubble Burst !!!.


Please Note!

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