LDK Solar ( LDK ) Stock Earnings 11/19/08

LDK Solar ( LDK ) has come out with earnings this morning, November 19, 2008. These earnings look great and LDK stock is up about 11% in pre market trading. $16.40 was the last trade but its now bidding $16.60.

Here are LDK Solar's earnings highlights 11/19/08:

• 3rd Quarter Earnings - .77EPS vs .71EPS ( beat by .06 )
• Revenue 541.8 Million vs 486.7 ( up 241% year over year )
• Upping 4th Quarter Revenue Guidance and 2009 Revenue Guidance

LDK Solar ( LDK ) Technical Analysis:

If this strong performance in LDK can hold in pre market and the stock can get some upside volume after the opening today, I think you could have a nice break out. Like all solar stocks, LDK has really been beaten down this year. LDK Solar has strong support at $15 per share, this is where i'd put a stop if I was in the stock. Next support area is about $13. As for Resistance, LDK has minor resistance at $17.50 and a push through this level could take it to $20 per share. If LDK pushes through $17.50 it would be wise to put in a stop at $17.50.

For more updates on the stock market, visit, http://daytradingstockblog.blogspot.com/

JRJC - China Finance Online - Stocks to Watch in China 9/03/08

JRJC - China Finance Online released earnings last week and they were pretty incredible. Here is a table of their growth q over q and y over y.

Second Quarter 2008 2007 Variance in %

Net revenues $14,679 $5,723 156%
GAAP net income 4,561 1,562 192%
Non-GAAP net income 6,528 2,159 202%
GAAP net income per ADS Basic $0.23 $0.08 188%
Diluted $0.20 $0.08 150%
Non-GAAP net income per ADS Basic $0.33 $0.11 200%
Diluted $0.28 $0.11 155%

Operating Data: Registered users 10,500,000 7,300,000 44%
Active paid individual subscribers 100,600 37,400 169%

The above is pretty amazing growth! JRJC is trading at just 11.5 times 2009 earnings. If JRJC can keep growing at this rate, it could be a huge stock in 2009. Keep an eye on China Finance Online!