Monday, August 11, 2008

LDK blew earnings away

They killed it posting $1.29 vs a .42 estimate. Sure only .82 cents were operational profits, but it still up about 100%.

LDK is still priced really cheap for what it has to offer. Assuming LDK's profits remain constant, they are trading at 12.2 times earnings at its after hours price of $40 (40/(.82*4)). With the amount of growth in the company, it should be trading around 100.

If it hasn't already, this stock should be taking off soon.

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