for a company that relies on utility contract, they haven't landed a single major contract in a year and half. They however have been buying utility contracts from other companies that went bankrupt.
Becareful with this run; they may be just buying sometime for he big boys who bought in at $46/sh (secondary offering to be making some profits). Then swoosh down the drain she goes.
ok, I will wait for management to lie again just like April of 2013 which they guided annual rev of 3.6-3.9 billion, after which they then reguided lower during Q3 2013 conference to 3.4-3.6 billion. And only to miss that completely because their annual rev was actually $3.2 bil. They missed by a mile. Will investors believe anything they have to say this time, after so many years of misguidance?
Hardcore investors have walked, only traders are lingering around because of volatiility. It may pop on lies or down big on the lies; you never know with this corrupted business.
not quite, the raised revenue guidance for 2013 to 3.6- 3.9 bil, then during Q3 they cut that back to 3.4-3.6. Now, we realize that they can't even meet something that they lowered their guidance to, total annual is 3.3 bil.
$3.3 bil rev, they missed the 3.6-3.9 initial guidance back in April by a landslide both bottom and top estimates. If you google 2012 revenue, they probably made the same revenue; hence, there is no growth. Fortunately they were able to sell secondary to raise close to $500 mil and cut their production cost; otherwise, the spending in 2014 is depleting their funds. They saw this coming; that is why they offered 2nd in the midst of a rally.
Sorry guys, you can pump allyou want but we all know that management trades shares for a living. They go either shorts or longs.
i thought I could be nice but since you put it that way. there is little or no difference from 2012 to 2013, revenue shrunk in 2013 at $3.3 bil that means no growth. They did improve their cost which translates to better eps. Efficientcy improved but very little and they still have to spend money building new assembly line. If they hadn't taken out the secondary, they would be in deep #$%$. Earnings and EPS will not look good for 2014 becasue they have to spend alot of money. I would only get into the 20-30 range; this is gonna get very ugly for then in 2014..
where have you been, google it! fslr decided to build themselves and invested in a plant in Japan in order to attract japanese contracts. Money spent hoping to get some contract, if it hadn't been for the secondary offering to give them some cash advantage this company would be in hard times now.
an if you believe that march 19th will be like April of last year where management can BS their way out, you have another thing comming. Investors will be very skeptical on what these guys are saying, expecially when they missed their guidance and lied to the public. Sell now, Goldman was right, this is going back to 40 and possibly 30.
dude, you are delusional. Fslr already told you why they are reducing their eps for Q1; they have to spend money on new batches of higher efficiency panels which means new production assembly line and they have TO SPEND MONEY ON BUILDING THAT 100 MW JAPANESE PLANT. That plant, fslr has to spend money on before they can sell it.
Fslr is looking bad dude, they missed everything and pipeline is dry, that is why it was down 12%. Get out and save yourself.
Ghadji, you are still holding this #$%$! I bought some puts before today. I knew it was about time, management would set you guys up for a spin. You can't predict this management, make your money, big or small and get out, that's how you make money.
I don't deny your prediction of the future spike; we all know that they are setting something up but for the mean time they want it down in order to make more profits out of their gains.
I waited and waited to see if there was any rebuttal to Goldman's downgrade. The fact that there was none was a dead give away that they wanted the stock to go down. Today clearly, they want to the stock price down, not only that they missed but they guided lower for Q1. They didn't do that during Q3 conference, especially when they knew that they would miss by a landslide. Sorry longs, the only way to legitimately make money from investing in fslr is to change management completely.
man, you are till holding this shieet??? I told you to dump. Don't invest in this company, just trade it. Once you make money get out! They lost my trust last April, pulled shieet out of thin air.
I said it many times before, and will say it again, management uses and abuses the stock manipulation. It seems like they want to stock price down this time. They guided lower for Q1 of 2014, but only from their Q3 that they didn't make any guidance to Q4 of 2013, that was only a few months ago. How did they not know if they missed by almost $200 mil?. Odd isn't it? Management is a group of crooks.
They will bring this down, only to spring it up, to make most of their stock tradings.
I think this may go into the 30's. Management had no rebutal since GS downgrade, that only implies they are sleeping with shorts and wants it lower.
if you have been trading or watching, you would know that fslr was trading at 50 before they had Q3 announcement. So, for it to trade even lower than the earnings that got Jim Crammer reocomending this to a buy, it must be really weak. Management typically had counter attacks; the reason why I didn't short after GS downgrade is because I was afraid the crooked management may come out and pump. But it's been a month since and I think management wants this even lower before they start pumping. 50 isn't just a round number numb nuts.
Broke 50, trading lower than pre Q3 report. I said before, this management group does not own that many shares; their primary income is the whiplash movements in the stock price. Sell hi and buy lows, that is the only way to make money with fslr, it's not an investment stock
this goes with my theory that management loves to trade this stock, either way. They brought it up, and now they are watching it going back down without a word. Then they will find ways to bring it back up! Buckle up, it's gonna be a wild ride!
Gordon Johnson/company covered, so the stubborn last 10 million shares never got covered. I wonder if those belong to GS? Any opinions?
they cover right before a massive contract announcements? Management may be in it too, they are buying cheap calls LOL. I said it before, this stock is like a freakin roller coaster, management loves whiplash neck breaking movements
I have been looking at this stock for a long time now because it is cheap. But the truth of the matter is that it scares the #$%$ out of me to buy simply because retail business CAN NOT CHANGE OVERNIGHT. They need to sell all that #$%$ they have in their stores and redo everything. The middle class is broken now, no money, no jobs-- the ones that can buy the junks they don't need buy them at fancier stores like Macy, Nordstrum, Bannana etc. The things you find at JCP are #$%$-- it would take at least a year to get rid all that #$%$ and build a new face.
Thus, I am going to wait.....I hope that helps and not hurt anyone,.