ABTrades1
Oct 23, 2:59 AM
$TOYO Update: No news, it just follows solar and solar is still getting hit. TAN down 44% since May with the 10 year near 5%. Nobody wants to buy before the regulators say something, so every quiet day it bleeds a bit. Nothing to do with the company, the market is just waiting.
Same story everywhere. Last month
$FSLR -15%,
$CSIQ -22%,
$JKS -22%,
$TE -47%. TOYO -14% with zero headlines to lean on.
Enphase 27th, Fed 28th, First Solar 29th, midterms Nov 3, solar will swing all over and TOYO with it. CBP can drop any day.
Q3 results mid Nov, I care more about what they say on the regulatory side than the numbers.
Then Commerce prelim on Ethiopia Dec 14. From the docket this week: TOYO and VSUN asked for more time on the questionnaire, Commerce granted it, responses due Nov 4. Commerce lists TOYO as a mandatory respondent, so the ruling is based on TOYO's own supply chain data, not Ethiopia as a whole. That's the ground TOYO wants. Its wafers come from Indonesia, not China.
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