In my experience, it is a huge positive that a CPA is CEO. This is really good news to me. This is a steal right now. I hope it keeps going lower to be truthful.
No I agree not to pay a dividend. I was just reminding everyone how ridiculously low the price of FSLR is when you realize it 's a growth company wth an 8 PE.
Wow..this price action does not make sense to me other than solar is the hot item to short the heck out of? FSLR is the "best in class" company. This is my first investment into solar and I've been watching FSLR for a few months to get in. I'm way upside down right now, but solar is the future no doubt about it! In my neighborhood here in the NW, my neighbors have installed several 4K to 8K systems in the past year. Now that the socialists are taking over, I can only imagine solar will be a staple ithat 75% of all houses will have in 20 years. If the shorts keep taking this down back into the 40s, I will keep buying. FSLR is making a boat load of money, so I just don't get it?
You can't be serious? WTH? Did the Sun die out? LOL..
Same situation this year. They couldn't recognize $100MM in revenue. The guidance is better. The smart people know better and are buying.
True, but did FSLR guide down their 2016 revenue forecast? No.....
The 1st qtr miss was mostly due to planned/budgeted revenue that couldn't be recognized per GAAP. If WS decides to take down FSLR, with what they've guided for 2016, then this could be the buy of the year!
To me, the revenue miss is not that big a deal. When big projects don't come on line when they were projected to, it can disrupt your budgeted revenue. It just means that you have to push the revenue into the future. Doesn't mean you necessarily "missed?"
Yes...revenue missed due to revenue recognition policies. That just means more revenue that they will be able to recognize in the next quarter.
For the record, this guy is right. Since March 1st, CVX has gained 20% a slight increase in oil prices? Something is amiss here, and I sold all of my CVX and XOm shares today. This rally is not fundamentally sound. Earnings are going to be atrocious!
It's obvious that the shorts are taking profits. They are going to reload again as the fundamentals are even worse that they were before the big short. I'm out.