You longs will never get it. I was here yesterday saying I wanetd to enter a new short since I closed my last one the day after Obama won. My only hesitiation yesterday: option Expiration. I have been watching this stock for over 2 years and this is about the 20th time some firm says something the week of option expiration. I always laugh at the going to 100 crowd.
How is it every other solar producer, supplier, or vendor is losing money hand over foot and in single digit stock prices but FSLR is not Especially when every study tells you fslr is the most ineffecient panel on the market today. answer: Government and Obama. He has directly or indirectly funneled over 3 billion into this company and the Big Wall st firms know it....so they are helping to keep it alove as long as they can.
These projects they are still billing and recognizig as revenues are at prices that are now 40% over current market conditons.
As for your short comment-The short interest has actually rise during this run up...shorts know this is a scam and when the truth comes out down she goes. As I have said here the last two weeks: You have shorts closing some of their older positions locking in the profit so they do not have to pay the Obama Tax on People who Actually Do Stuff. They are clearly re-entering short positions since the short interest is not declining....I guess they want to lose money since EVERYBODY knows fslr is going to 100. right?