Wow.... I am never been this nervous in my life about a stock. I read that article on Seeking Alpha:
Based on the recent movement in the solar power sector I practically put all my money (without the knowledge of my wife) into this stock and purchased 1,000 shares at $182.39 and I am looking at the computer screen and clicking refresh every second. I am truly praying for a miracle as this stock seems to be in freefall mode. If the earnings miss I will be in financial ruin and despair. I have just started my life, married only for a year and a half and basically put all my savings from my job, wedding, ira, etc. in this. Please please pray for me. I was thinking about selling as I cannot take this, however I do not want to be placed on a 90 day restriction. Please crush the earnings FSLR or else this will be my demise.
The "timing the trade" ABC DOWN on FSLR is 77. So I'd expect a blow-up just like VMW which fell 40% to hit its ABC down to the penny. If by chance you have the opportunity to get out of this one. do it. the prospects for solar from the "hype" crowd always sounds good but in reality a great quarter from this company still leaves it a very dangerous pe level.
you speak like a chronic gambler playing high stakes. Either you are mad or have lots of your dad's inherited money.
Listen leave your computer screen and go to ya wife and have a great 69 till the morning and enjoy your year & half marriage.
Send your wife over to me (is she pretty ?? nice knockers ???) in case the stock crashes tommorow & you are planning to commit HaraKiri !!!!
Glad you got out. No high PE stock survive in this market. Paying $176 for $1.2 in earnings? Got to be completely nuts.
In fact, you can blindly short this stock without any repercussion. Look at GOOG, AAPL, VMW, great growth story, but none of them is over 30 in PE now.
My projection: $2 (09 earnings) x 60 (to be generous) = $120