Another painful day.
With positive news too.
SolarCity to Buy Zep Solar for $158 Million to Cut Costs - Bloomberg
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Another painful day.
Some of this depends on how really, really bad you think things might get. On my "really bad" scale's deep end, I'm not sure which currency or commodity I'd want to "cash out" into.Or you can buy deep otm put options to protect your TSLA if you are afraid it might tank big time.
What's with JASO yesterday and today? I thought it was undervalued and we wouldn't a big drop or correction so soon.
the government is what happened. market is unsure and you are probably seeing alot of profit taking right now in solars.
My IB alarm just popped up that trading on SCTY has been halted and I see CSUN, JASO with the 5x marker. Da**** happened?
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Well the CSUN and JASO have short selling restriction. For CSUN it's until Oct 10th 3 EET for CSUN it's until Oct 11th 3EET.
There are numerous reasons why a security or stock exchange could be halted.
A security may be halted because there is a news announcement forthcoming. For instance, XYZ may be announcing that they are going to be acquired by ABC, and their stock will be halted as this news disseminates.
The reason behind the halt? To give all investors ample opportunity to see and digest the news.
That's why I recommended buying shares and not options. Shares will recover in no time, options might not recover in time.
CSIQ is up 7% in pre market trading.