You will keep losing if you don't cut your losses. FSLR is in a strong downtrend. You should be shorting if you want to make money. Maybe just buy an index fund since you obviously have no idea what you are doing.
Let's see...all time low. Cut 30% of workforce to restructure company which in a couple of years will give the company plenty of room to grow. Improved technology will once again make FSLR a wallstreet darling. I see no reason why this company is not trading $20+...except for street over reaction.
My accountant looked at all the solars for me all weekend for only 300.00 Small price to pay considering FSLR longs lose that much daily or hourly for some.
I would compare this WFR ceo and stock to the Bush administration, Clinton left him with a surplus.
I agree with the poster on the short squeeze article, level 2 showed they were shorting even more shares Friday to go along with the steady dumping and seemingly unlimited shares to dump, the float is so big, and with so many virtual shares, they will use the biggest loss ever for WFR and future poor guidance to cover say 35% of the shorts from 1.80- 2.00's
Class actions to come for this company every week, that will soon be the new norm in my opinion. Many think LDK will go Bankrupt, and that may happen, it is far more likely here in WFR in my opinion after enough research to give me a headache. Look at Zynga to see what happens after a secondary, no bottom in site for it or groupon.
It's a sad day when you could buy calls from now till 2014 and they will just keep expiring worthless month after month after month like they have been.
I have 100 shares of FSLR, yeah I know big deal, if it cannot break 20 this week by friday an hour before close I will dump and buy sohu for a bounce before it eventually goes lower.