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First Solar, Inc. Message Board

  • hundoghouse hundoghouse May 13, 2013 6:25 PM Flag

    OT: SCTY is a buy ..but when.

    Short term weakness due to small miss on E.
    But look what happened to FSLR the next several days.
    And I agree with Cramer that the bulls are in charge and are buying on any weakness.
    So, guess I'll buy a few. Any opinions?
    Dog

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    • Agreed. I posted the same in TSLA board. Everyone has been waiting for a decent entry point, this is it.I bought some after market and I will add more tomorrow if further pullback. I believe we will see 35 by friday and 40 sometime next week

      Sentiment: Strong Buy

    • this is a utility company. They install the panels at no cost to the consumers, but the consumer signs a lease for 20 years and consumer buys the energy from SCTY every month. Just like a cable company. Therefore the overhead was high, thus the loss. they had 100% more consumers this year and they had a lot of solar panels to build. the stock has gone up so much but as the years go, this gets parabolic because they guided much more megawatts in the next 2 years. Therefore, this is a utility company. Actually, govt should give them subsidies. For regular people to install solar, it is very expensive, but with SCTY, more people will sign up because the energy is much cheaper and they don't have to pay a lot to do it on their own or maintain it. Solar panels are actually very cheap. Their margins have improved .

 
FSLR
64.41-2.07(-3.11%)Feb 10 4:00 PMEST