The incredible rise might not be over in Deli Solar (DLSL.OB), but the risk profile shifted significantly yesterday when the company disclosed in an 8-K filing that three directors quit on March 9, 2007 “to pursue other interests.” That may be accurate, but it certainly sounds suspect. After all, serving as a director for a [...]

A few quick hits before I depart for a well-needed vacation: A reporter asked me the other day if I thought PIPE deals were universally bad for shareholders. I responded that I did not, although at the time I couldn’t recall an example of the type of deal I think is beneficial. Here’s one: my [...]

Chinese solar companies are hot. It seems that every week a new solar equipment IPO raises several hundred million dollars or more, largely spurred by government incentives in the PRC and some European countries. There are a number of microcaps in this industry. After initial review, I bought shares in one of them yesterday, Deli [...]