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Enter Symbol:
 
Trina Solar (TSL) [hlAlert]

Rating:
Sell TSL
down 50.65 %

Trina Solar (TSL) downgraded to Sell by Banc of America Sec

Posted on: Wednesday,  Feb 27, 2008  8:25 AM ET by Banc of America Sec

Banc of America Sec rated Sell Trina Solar (NYSE: TSL) on 02/27/2008. Previously Banc of America Sec rated Buy Trina Solar (NYSE: TSL)
on 11/07/2007., when the stock price was $32.09. Since then, Trina Solar has lost 50.65% as of 02/27/2008's recent price of $15.84.
If you would have followed the previous Banc of America Sec's recommendation on TSL, you would have lost 50.65% of your investment in 112 days.

Trina Solar Limited is an integrated solar-power products manufacturer based in China. The Company produce monocrystalline photovoltaic (PV) modules ranging from 165 watts to 230 watts in power output and multicrystalline PV modules ranging from 210 watts to 230 watts in power output. The PV modules are built to general specifications, as well as to the customers? and end-users? specifications. The Company sell and market the products globally, including in a number of European countries, such as Germany, Spain and Italy. The Company sell the products to distributors, wholesalers and PV system integrators, including Enipower Spa, Gestamp Solar S.L. and IBC Solar AG. As of December 31, 2008, the Company had an annual module manufacturing capacity of approximately 350 megawatts.

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Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
2/27/2008 8:25 AM Sell
None
15.84
as of 12/24/2008
1 Week down  -6.62 %
1 Month down  -53.84 %
3 Months down  -69.44 %
1 YTD up  55.68 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
11/7/2007 9:25 AM Buy
None
32.09 38.00

(*) Stock Price at the time of the recommendation.
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