DEANPARISIAN.COM

Manages Parisian Family Office. Began Wall Street, 82. Founded investment firm, Native American Advisors. Member, White Earth Chippewa Tribe. Was NYSE/FINRA arb. Conservative. Raised on Native reservations. Pureblood, clot-shot free. In a world elevated on a tech-driven dopamine binge, he trades from Ghost Ranch on the Yellowstone River in MT, his TN farm, Pamelot or CASA TULE', his winter camp in Los Cabos, Mexico. Always been, and will always be, an optimist.

Wednesday, April 23, 2008

ReneSola

Piper Jaffray initiated coverage on ReneSola Ltd. with a Buy rating and $25 price target.

Analyst Jesse Pichel expects long-term margin expansion as the product mix shifts toward multi-crystalline wafers from mono and as tolling revenue grows. Pichel sees potential upside in the tolling biz due to the recent JASO supply contract with GCL.

Pichel also likes the current valuation of SOL, which is about $18 per share.
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