this joke made my day

oldfrog

China Sunergy (CSUN) NewsBite - Upgrade Boosts China Sunergy

Posted on Wednesday, May 21, 2008 11:25 AM

China Sunergy Co. Ltd. (CSUN) opened at 13.36. So far today, the stock has hit a low of 12.95 and a high of 13.75. CSUN is now trading at 13.17, up 0.44 (3.29%). The stock hit its 52 week high of 19.23 in December and set its 52 week low of 4.83 in August. CSUN has been steady for the past year. Shares of China Sunergy have been taking a lift after a Jefferies analyst upgraded the solar cell producer to "Hold" from "Underperform," saying its progress toward higher-efficiency cells has boosted its margin outlook. The broker also doubled his price target to $12. If you’re looking for a hedged play on this stock, consider a September bull-put credit spread below the $7.50 range. CSUN stock could fall up to 43.1% before expiration and this position would still be profitable. [RHF - Seven Summits Strategic Investments

ilvmm

sorry did not get it

oldfrog

k, let me kill the joke by explain it.

that is not really a real joke, it is a piece of real news article.  but it calls a stock jumping around between $5 and $20 steady, and the second day analyst upgrade the stock, it went from 13+ to 10+.  and the recommendation of the calendar spread strategy doesn't consider the cost of putting up the strategy. 

But it does have some merit in this news.  Now I have my target to go bullish again on CSUN,  $7.50 in Sept.

原帖由 ilvmm 于 2008-5-23 09:06 发表 sorry did not get it

ilvmm