Pre-Market Alert: JASO Rally

Lock In Second Half of Profits

By Bryan Bottarelli
Wednesday, March 12, 2008 9:23 AM EDT
Wed, 12 Mar 2008 13:23:00 GMT

PLAY: At the open, sell the second half of your JASO April 15 Calls (QJP DC) at market, good for the day.

Dear Bottarelli Research Member,

Shares of JA Solar Holdings (JASO – NASDAQ) are up $1.72 in pre-market trading after reporting that their fourth-quarter profits rose sharply — sparked by surging solar-power demand. Net income rose 47.1% to $13.5 million ($0.09 cents per share) from $9.2 million ($0.11 per share) one year earlier. Revenue climbed to $144.2 million — which was up from $47.9 million. This soundly beat the Thomson Financial revenue estimate $117.8 million.

Like I mentioned, this is pushing shares of JASO higher in pre-market trading, so let’s go ahead and lock in profits on the second half of our JASO April 15 Calls (QJP DC). Here’s the play:

PLAY: At the open, sell the second half of your JASO April 15 Calls (QJP DC) at market, good for the day.

Lock and load!

Sincerely,

Bryan Bottarelli

Bryan Bottarelli
Editor, Bottarelli Research

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