fslr comes out with earnings, EARNINGS, and trades down. scty comes out with losses, LOSSES and trades up. FSLR has consistently made money, scty has NEVER made money, and yet both trade with fairly close market caps. Its truly unbelievable. A company that consistently losses money valued the same as a company that consistently has earnings and everybody thinks its normal.
no, not short---I just sold on the pop into the 70s due to mgmt.'s "guidance". (i'm positive on solar, but not stupid, a 30% pop because mgmt. says it will be better in 2 yrs is kinda silly). I then immediately warned ppl that it would break 60 and head back into the 50s. I'll be a buyer again, but likely not until the mid to lower 50s will I start. I can see why u'd be confused about my positioning tho.
The point I made in this post is different tho---its ridiculous that companies not making a dime are seeing market caps on par or ever above those that hv an earning trackrecord---that just shows the level of speculation in the market---crazy.