Any company that deals with multimillion dollar projects is going to have wild swings in earnings depending when these deals are closed and revenues are recognized. Last quarter ,They reported 2.28 /share against market expectation of $ 1/share. FSLR is fundamentally strong company and they need to get this point across to investors loud and clear instead of leaving to a stupid analyst or stock broker. Investors need to get used to that.
Sentiment: Strong Buy
It was kind of funny watching the shorts getting screwed over.
I was watching the price movement yesterday in the morning. RCB kicked in just 1 minute into the first tick, then it turned green and spiked.
The shorts who shorted at open didn't even have the chance to click "close position" before they became a bag holder.
This stock has gone from 10 dollars to 57 in about a year.....this stock flies when it feels like it....this stock was once 315 dollars.....you should have held for a year i bet this thing trades in the upper 100's....
becareful about today''s upgrade, everyone has an agenda. I loss my drive to invest after that Q4 conference; I felt cheated and misled. If you don't belong in their circile of firends to have these infos, you will be fked or got lucky.
good for you, but to me matnagement can not be trusted. Flip flops all over the place; for the 8 months i have been trading I came to a conclusion that if you trust these guys either you get lucky or get fked.
example: last year they started off by guiding annual revenue of $3-6 to 3.9 billion for 2013. Q1 and Q2 were bad for 2013 then they came out with Q3 that blew everything out of the water. They then took the opportunity of Q3 hype to lower guidance of 2013 annual revenue to just $3.4- 3.6 billion. That was just 3 months ago, how could they not know if they would miss by $200 mil in revenue? As Q4 2013 indicates that they missed both bottom and top guidance, AFTER A CORRECTION!!!!
it seemed to me that they withheld infos and deceitfully mislead both shorts and longs for their own benefits. I am not going to feed these guys anymore, you can though. I just discovered that 3 years ago fslr was under investigation for fabricating numbers!!!! I loss $5 but i was glad to be able to get out at 53 after what I realized.