Qsolar Ltd. QSLRF

RE:Anonymous...????

[mercurysmith]

It could be the same person selling with the CIBC house 79 that is also selling as anonymous..  From any house, one can sell anonymous and it shows up as house 01.  However, if it is an insider, we quickly know how much they have sold because the law requires that disclosure.  I think there are two separate large sellers at work the past two days.

We now know Junliang Xie sold 293,000 shares on June 5th (of the 658,000 shares sold that day), another 57,000 shares on June 4th (of the 72,000 sold that day) and 37,000 between June 2nd and May 29th (of the 160,000 sold those days).  We will soon know how many more he sold on June 6th.  

His actions really puzzle me.  He could have just done a private placement with someone like Canaccord for a discounted price (in the .60's) without driving the price down to .48 on the open market.  He owns millions of shares so this makes his actions all the more a mystery.  It is almost as if he is deliberately walking the price down.

 One would hope Mr. Xie isn't doing some hostile move to sever off the Asian portion of Q at a basement price.  That would be more likely if Q is trying to either find a North American manufacturer (after certification) or trying to sell the technology in North America as opposed to doing their own manufacturing. 

There is so much we don't know.  I accept all material news has been disclosed, but there may be negotations that are never labeled as material until there is a firm interim agreement and in fact Q could be legally and contractually bound to not disclose those negotiations before some interim agreement is made.  These negotiations could be with Mr. Xie, or with some yet undisclosed third party wanting to manufacture Q's technology in North America.  Yet again, we retail shareholders have no way of knowing of any negotiations with anybody.  There could well be some other reasonable explanation.  That said, as long as it appears Mr. Xie is intentionally walking the price down, speculation will fly.  Ultimately, the s/p should quickly return to its fair market value (as opposed to its temporarily walked down value) given the certification is hopefully nearing.  I still think it is just a great buying opportunity now.