Taking Off the Trade

Friday we stopped out of (LDK) remaining unemotional regarding our trades becomes difficult at times and is the reason we use stops and stick to our fundamentals. Preservation of capital becomes of greater importance than risk vs. reward in a particular trade or stock. Though long term we perceive (LDK) to be of interest and value we will "sit this one out". As market risk and fundamentals removed us from the trade, we can not see chasing or reentering a position that is now give heavenly over to emotional market sentiment, reporting delays beyond our expected time frame and high valuations coupled with instability (short term) in the Chinese market sector.

We will continue to monitor the new coming forth on (LDK) and wish them well in their future business endeavors.