Our trading accounts were fed a slug of Chinese solar manufacturer Renesola (SOL) just before Christmas at @ $5.04. Bad news: I panicked and sold a quarter of the position for a small loss on recent weakness, only to see it explode again to the upside. Good news: we still own 75% of the original position.
Lesson: Scale in and scale out unless there's a really good reason not to.
SOL is @ $5.70 at noon today.
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