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SunPower Corporation Message Board

  • kgolesorkhi kgolesorkhi Aug 5, 2013 12:33 PM Flag

    I will take a break here and wait for FSLR earnings before re-entering again.

    I have no doubt that SPWR will be over 30 in this quarter, but will go on sideline and wait that FSLR and SCTY earnings are over. There is still plenty of room for the upside ...

    Sentiment: Hold

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    • Want to buy under 20 now.

      Sentiment: Hold

    • Have to agree. I jumped in for a quick trade, would have sold on any morning pop but I am not going to mess with it. Would not shock me if they move solars down tomorrow going into FSLR earnings and the markets are rolling over with little to no volume in SPWR. Meaning, its algo time. No thanks.

    • I don't think actually that the behavior of SPWR will depend strongly on FSLR and SCTY result, in the case of FSLR because their business is completely different and not indicative for the business conditions of FSLR and in the case of SCTY the ER will be negative without any doubt but, taking into account the nature of their business model they will receive surely positive comments. What all this will impact SPWR. The other scenario is that the manipulators may use any weakness of FSLR and/or SCTY to make another organized attack but here your prudency is exaggerated because it may happen any time soon with any negative article.

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