Daqo New Energy: Q2 Shows Further Price Drops, I'm Staying Put

Bjoern Wylezich Introduction Daqo New Energy (NYSE:DQ) recently reported Q2 earnings, so I thought I would go through the numbers and give some comments on the outlook and what I am doing with my position. Overall, I am not convinced that the worst is behind right now, but my opinion of the company hasn't changed. I still think DQ will be the player to come out on top as soon as things start to turn around, but I am not adding more to my position just yet. The last time I covered the company, I downgraded i ...