Maybe his time frame is different from yours, Westover. Maybe he is entertaining himself in the mean time? He is not short the stock and even if he was, he doesn't have the capital move the needle. Both you guys are long solar. Its the 2nd inging , for Christ sakes.
I don't give a rats a$% about your trades but I hope you become rich enough to buy another one of our politicians. I was simply pointing the fallacy of calling Mtwashingtong an idiot. Natural born skepticism. Learn it, live, love it.
If I was a short, I would start building a position in the low 30s. However, this is a bull market. Ill find a better use of my money.
I dont own this peice of #$%$. I just read everybodies comments and post my thoughts.
Well how did your 52 week low expectation go today?
What's more, what gets me is that his complaints aren't even particularly honest. FSLR is better than SPWR because . . . SPWR suspended it's guidance? FSLR suspended its guidance! Because insiders sell shares according to automatic plans? Please! Because margins are lower as announced while setting up the yieldco, just as FSLR's are? I mean, why does he do this? He either doesn't know what he's talking about or he's got some sort of incentive to talk SPWR down. Ego or what, I don't know. But any correlation between his pronouncements and SPWR's share price are purely coincidental. Broken clock theory.
Anyone who bought the stock at $90 was not wise, especially if they were after short-term profits. Same with people who more recently bought at $40. It's sad seeing day traders moaning and groaning about not getting some sort of quick windfall profit every day, but it has zero to do with the underlying fundamentals of a company with a long-term strategy for success in the market and a huge corporate backer. Bull conflates gross misunderstanding of corporate finance with short-term traders' disappointments and struts about being wrong in the right way. You buy that. Great. But bull is just a great big ball of sour grapes looking desperately for a reason why he was right not to invest in SPWR in 2012. That's an argument he's long since lost.
I'll probably gamble with 250 shares if we get a pullback before then. I have no positions in solar as of today !
I have heard that for the last six years. Remember this was once a $90.00 stock. You will excuse me if I am a doubting Thomas about SPWR's long term prospects. I said I would do a jig if it held $28.00 by Friday. I still am not putting on my disco shoes. Remember what Keynes said about the "long run."
MT you are looking at it wrong. SPWR is a long term play...It doesn't matter what it is at now....Give it 5 years and expect the same move we saw from 5 to this point of 28.