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.
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 $200 mil?. Odd isn't it? Management is a group of crooks.
They will bring this down, only to spring it up, to make most of their stock tradings.
man, you are till holding this shieet??? I told you to dump. Don't invest in this company, just trade it. Once you make money get out! They lost my trust last April, pulled shieet out of thin air.
I waited and waited to see if there was any rebuttal to Goldman's downgrade. The fact that there was none was a dead give away that they wanted the stock to go down. Today clearly, they want to the stock price down, not only that they missed but they guided lower for Q1. They didn't do that during Q3 conference, especially when they knew that they would miss by a landslide. Sorry longs, the only way to legitimately make money from investing in fslr is to change management completely.
Ghadji, you are still holding this #$%$! 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.
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.
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.
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.
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..
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.
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.
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.
hahaha douche! if spwr could get a fudiciary lawsuit, fslr will definately get a re-exploration on this issue. Just 3 years ago fslr management got investigated for potential false reports; we will see if they will get another one, especially after the folly that they did on last year's guidance that they missed by a mile, TWICE!
I consider that as a misguidance when they predicted $3.6-3.8 bill, then only came in at $3.2, after a reguidance to $3.4-3.6!!!!! Lawsuits!!!
management owns no shares; they play both sides of the coin. If they guide lower, watcf out 20's. If they guide higher, no one is gonna believe anyways because they missed by a mile from last year's.
Does this mean, they could be negative cash flow compared to 2012 and 2013? Is this the sole reason why they took out the Secondary in 2013?
yes, they already lowered projections for 2014, so I guess that will move onto 2015 and 16. They couldn't even guide one quarter ahead, missed by 25%. How can anyone trust them to guide a year away.
Insane!!!! 2013 they did the same thing, projected rev of $3.7-4 billion, then the ACTUAL revenue was ONLY $3.2 billion. During Q3 of 2013, they reguided lower, and they still missed Q4 by $200 mil. How can anyone believe in this management???