{"id":5068,"date":"2011-05-19T13:40:36","date_gmt":"2011-05-19T17:40:36","guid":{"rendered":"http:\/\/drduru.com\/onetwentytwo\/?p=5068"},"modified":"2011-05-19T13:40:36","modified_gmt":"2011-05-19T17:40:36","slug":"gt-solar-breaks-out","status":"publish","type":"post","link":"https:\/\/drduru.com\/onetwentytwo\/2011\/05\/19\/gt-solar-breaks-out\/","title":{"rendered":"GT Solar Breaks Out As New Orders Keep Rolling In"},"content":{"rendered":"<p><strong>(This is an excerpt from an article I published on Seeking Alpha. <a href=\"http:\/\/seekingalpha.com\/article\/270761-gt-solar-breaks-out-as-new-orders-keep-rolling-in\">Click here to read the entire piece<\/a>.)<\/strong><\/p>\n<p>Even as the market grinds lower in <a href=\"http:\/\/drduru.com\/onetwentytwo\/2011\/05\/17\/t2108-update-110517\/\">the current correction phase<\/a> and solar stocks get slammed, GT Solar (SOLR) has stood out. Today, SOLR made new 2 1\/2 year highs on the announcement of <a href=\"http:\/\/www.businesswire.com\/portal\/site\/gtsolar\/template.NDM\/english\/?javax.portlet.tpst=20fbc9efb7900ee969918d296b965bac_ws_MX&#038;javax.portlet.prp_20fbc9efb7900ee969918d296b965bac_newsLang=en&#038;javax.portlet.prp_20fbc9efb7900ee969918d296b965bac_viewID=news_view&#038;javax.portlet.prp_20fbc9efb7900ee969918d296b965bac_ndmHsc=v2*A1072962000000*B1305757122000*C4102491599000*DgroupByDate*J2*N1005277&#038;javax.portlet.prp_20fbc9efb7900ee969918d296b965bac_newsId=20110518005138&#038;beanID=149255164&#038;viewID=news_view&#038;javax.portlet.begCacheTok=com.vignette.cachetoken&#038;javax.portlet.endCacheTok=com.vignette.cachetoken\">its latest orders win<\/a>. Surprisingly, this latest order is for polysilicon equipment&#8230;<\/p>\n<p>{snip}<\/p>\n<p>&#8230;SOLR has surpassed <a href=\"http:\/\/drduru.com\/onetwentytwo\/2011\/02\/16\/gt-solar-conservative\/\">my previous upper valuation target of $11.50<\/a>. On the May 10th news, I decided to hold my position. After the May 16th announcement, <a href=\"http:\/\/twitter.com\/#!\/search\/%24solr%20valuation%20target\">I decided it is time to revise my upper valuation target<\/a>. I will do so after earnings are announced on May 24th. I am very bullish going into that announcement.<\/p>\n<p><center><br \/>\n<figure id=\"attachment_5070\" aria-describedby=\"caption-attachment-5070\" style=\"width: 515px\" class=\"wp-caption aligncenter\"><a href=\"http:\/\/drduru.com\/onetwentytwo\/wp-content\/uploads\/2011\/05\/110518_SOLR.jpg\"><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/drduru.com\/onetwentytwo\/wp-content\/uploads\/2011\/05\/110518_SOLR.jpg\" alt=\"SOLR breaks out to fresh 30-month highs putting all-time highs in view\" title=\"SOLR breaks out to fresh 30-month highs putting all-time highs in view\" width=\"525\" height=\"457\" class=\"size-full wp-image-5070\" srcset=\"https:\/\/drduru.com\/onetwentytwo\/wp-content\/uploads\/2011\/05\/110518_SOLR.jpg 525w, https:\/\/drduru.com\/onetwentytwo\/wp-content\/uploads\/2011\/05\/110518_SOLR-300x261.jpg 300w\" sizes=\"auto, (max-width: 525px) 100vw, 525px\" \/><\/a><figcaption id=\"caption-attachment-5070\" class=\"wp-caption-text\">SOLR breaks out to fresh 30-month highs putting all-time highs in view<\/figcaption><\/figure><br \/>\n<em>(Intra-day snapshot)<\/em><br \/>\n*<strong>Chart created using TeleChart:<\/strong> <a href=\"http:\/\/www.worden.com\/CURRENTAFPROMO.aspx?AFCODE=866\"><img decoding=\"async\" src=\"http:\/\/www.worden.com\/Content\/Banners\/images\/88x31.gif\"><\/a><br \/>\n<\/center><br \/>\n<\/p>\n<p>Be careful out there!<\/p>\n<p><strong>(This is an excerpt from an article I published on Seeking Alpha. <a href=\"http:\/\/seekingalpha.com\/article\/270761-gt-solar-breaks-out-as-new-orders-keep-rolling-in\">Click here to read the entire piece<\/a>.)<\/strong><\/p>\n<p>Full disclosure: long SOLR<\/p>\n","protected":false},"excerpt":{"rendered":"<p>(This is an excerpt from an article I published on Seeking Alpha. Click here to read the entire piece.) Even as the market grinds lower in the current correction phase and solar stocks get slammed, GT Solar (SOLR) has stood out. Today, SOLR made new 2 1\/2 year highs on the announcement of its latest &#8230; <a title=\"GT Solar Breaks Out As New Orders Keep Rolling In\" class=\"read-more\" href=\"https:\/\/drduru.com\/onetwentytwo\/2011\/05\/19\/gt-solar-breaks-out\/\">Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[3],"tags":[173,16,174],"class_list":["post-5068","post","type-post","status-publish","format-standard","hentry","category-solar-energy","tag-gt-solar-international","tag-solar-stocks","tag-solr"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>GT Solar Breaks Out As New Orders Keep Rolling In - ONE-TWENTY TWO: Trading Financial Markets<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/drduru.com\/onetwentytwo\/2011\/05\/19\/gt-solar-breaks-out\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"GT Solar Breaks Out As New Orders Keep Rolling In - ONE-TWENTY TWO: Trading Financial Markets\" \/>\n<meta property=\"og:description\" content=\"(This is an excerpt from an article I published on Seeking Alpha. 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