If it could get pumped to 40+ based on FB speculative IPO hype at 38. Then why not at the very least be in the 20s since the FB comeback and SCTY IPO (not to mention FSLR has made a nice run recently as well... giving a more positive sentiment to the solar industry in general
Sentiment: Strong Buy
Thanks MG, I appreciate the positive attitude. However, I've been holding this stock for 14 months now at 37 and change, and could care less about a bump to 40 (no offense). I could have sold in the 50s but wanted to hit the 1 year mark because of taxes (long)... A 40% tax from a 25% gain sure looks a lot better at this point than being taxed 15% on zero. I guess it could be worse. I consider this a lesson learned.
I just don't understand the market some times. Even during August of last year which was a brutal beating to the market as a whole during Euro #$%$, DLTR wasn't hardly phased on the worst of days.... now the market has a fantastic day and it gets pushed down 4 times more than any of the worst days of August 2011?? It's total #$%$. Emotional sentiment and street view trump fundamental and technical indicators. Who says the damn thing HAS to touch a 52 week low before going back up, or HAS to drop below it's SMA. It's stupid. They put the dog in the dog-house, and leave it there to starve to death.
Someone please offer some explanation as to why this thing gets beat down so bad every time... Getting to a point where even some 10 year technicals are nearing lows. Every stock and their mother is up today, and this one can't even hold? Awful
Show of hands, who got stopped out at .69 before close because you just lost your position on our way to 1.00 +...
Sentiment: Strong Buy
Well since we're playing the guessing game... here are mine for the next 3 months starting with the actual bottom 1.46 on Nov 16th....
Bottom @ 1.46 on Nov. 16
Top @ 1.92 (actual 1.96)
Bottom @ 1.58 (actual 1.52)
Top @ 2.02
Bottom @ 1.73
Top @ 2.23
Bottom @ 1.81
Top @ 2.37
Bottom @ 2.15
Top @ 2.58
Bottom @ 2.16
Top @ 2.87
Of course if PSUN decides to take a sh, and break 1.46 low...then none of this is valid IMO and we may not go Bull after all. Good Luck...