They didn't beat their aggressive guidance from last quarter earnings report but it was still a stellar earnings and profitable.
Shorts should look at this opportunity to cover. 20 million shares left to cover.
The saudi contracts? Anyone ? $109 billions in solar investment? Efficiency up to 18% anyone? Way oversold.
will close at 27-28 area today. This is way oversold.
That is why I brought this morning in the GREEN on this one.
Sentiment: Strong Buy
what investors should bear in mind is that ALL of the solar companies are losing money, FSLR is the ONLY profitable one!