Jim Chanos Circulating Negative Commentary Regarding Vestas Wind Systems From Ira Sohn


Crypto Whales Are Loading Up — Are You?

New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.


We are hearing reports that Kynikos Associates President Jim Chanos is circulating negative commentary about alternative energy, and in particular the Danish windpower company Vestas (PINK:VWDRY).Chanos claims that he is seeing evidence of Vestas pulling revenue ahead, as well as stiff competition in both the US and China.Apparently, it's solar that he's most excited about shorting. He claims to see evidence of waning demand in a market that is dependent on countries not on the healthiest shape fiscally. He seems to be spending a lot of time talking negatively about First Solar (NASDAQ: FSLR).

Crypto Whales Are Loading Up — Are You?

New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.


ENTER TO WIN $500 IN STOCK OR CRYPTO

Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!

Posted In: NewsShort SellersElectrical Components & EquipmentFirst SolarIndustrialsKynikosVestas