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First Solar, Inc. Message Board

  • finplan95 finplan95 May 8, 2013 1:14 PM Flag

    Anybody who understands FSLR's Analysts Day projections can not own this stock. Period.

    This is a shell game. A scam. The industry is in complete collapse and only one company manages to be profitable? Lets review the facts:

    FSLR was at 27.04-down big as a result of missing the 4th quarter big time and taking down 1st quarter by 20% and making no comment on the rest of the year. It seemed the rally from 11 was over because , as was predicted by the shorts, the juicy deals were gone and the margins were collasing. But then:

    27 days after the bad numbers and downgrades, FSLR's management now suddenly takes up numbers fo 13 by 25% and give projections out two more years showing the same growth. This despite not one new contract signed and only 35% of all projections actually signed. And, the Head of Global sales leaves the night before this announcment is made-with no explination.

    20 days after that, FSLR actually comes out with 1st quarter numbers and -----they miss!. And announce 150 people being layed off. also, under questioning, the CEO admits they are only booked through the 3rd quarter and still have less then. 80% of new buiness booked relative to last years sales and margins are 7% less then avg last year. And the CEO was the former vP of Enron and he was named in the suits as a co-conspirator but they did not indicte him.

    I belive there will be a day where these statements and suddne adjustments wil be Exhibit A in some court room. However, it will only happen if a gOP President is running things. No Dem anywhere at anytime in history will ever press any charges. This is a scam and that meeting is all you will ever need to know is also why 20 million shorts are not matter how hard the Long Hedgies try to push them

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