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Trina Solar - a smallish Chinese solar player under pressure?Trina Solar, one of a handful of Chinese stocks that have recently IPO'ed, appears to be stabilizing at a price just below $20 and a market cap. of about $100 million. Concerns were raised a few weeks ago that the IPO of Trina although moderately successful, may have been overpriced. The worry is that over the next couple of years, the smaller solar players will run into margin woes and silicon shortages much faster than the bigger players. This will consequently hamper their ability to compete. So all eyes will be on Trina's Q4 results due out shorty to see how well they are performing. |

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