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First Solar, Inc. Message Board

jackgotney 228 posts  |  Last Activity: 1 hour 49 minutes ago Member since: Nov 19, 2009
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  • Reply to

    Late covering

    by biffonsabbatical 2 hours 21 minutes ago
    jackgotney jackgotney 1 hour 49 minutes ago Flag

    Only up 7% on 10 times the normal volume. To me the reaction was a little nonchalant. This is bigger news than what was reflected here. But this development is still nevertheless Bullish. A very large falling wedge formed since the licensing with Samsung in 2011. OLED has been supported here for about 4 years now *(high 20s and low 30s) as it made several attempts back toward the initial high. This should complete the wedge. All we needed at this fine point was a piece of good news, and we got it. This is a very big picture and pattern. I wouldn't be surprised if this turns into a nice sustained rally. I expect it to. Check the big picture!

  • Reply to

    Late covering

    by biffonsabbatical 2 hours 21 minutes ago
    jackgotney jackgotney 2 hours 0 minutes ago Flag

    glad I bought my 17 calls when it was at 29.75 - they are already in the money and the bid is above where I bought them at. I have followed OLED since it was PANL in the late 90s. It is now worth $50, not $30. Wait till you see the numbers. Also LG does not just license from anyone. This certainly adds value to their IP - It will bring others to the table now that we have both LG and Samsung.

  • Reply to

    Confused Investors

    by pitchnputt017 3 hours ago
    jackgotney jackgotney 2 hours 42 minutes ago Flag

    For Long Termers, it looks like it is an ignorant short term trading market influencing the price. This will be a great boost to OLED's share price. We should soon get an idea about numbers. I have a feeling we will hear more at the quarterly report. I was sorry to miss it when I saw it up five but I bought 17 'Feb 20' strike 30 calls. The market may be stupid and short sighted, but there is a lot of institutional coverage here and I think smarter money will prevail. Give it a few days to sink in. I saw LG advertising their OLED TVS on TV last week as OLED and they touted the benefits of OLED in viewer terms, such as 'Now you will be able to see that football while it's in the air' (referring to the higher refresh rate). It is a big deal.

  • Reply to

    Drop .03 cents at close.

    by mmac4207 Jan 21, 2015 5:33 PM
    jackgotney jackgotney Jan 22, 2015 2:21 PM Flag

    but watch out if you don't account for the spreads and commissions too. It might not be worth it.

  • jackgotney by jackgotney Jan 22, 2015 9:28 AM Flag

    Metals and stocks up again. EUR probably down. Draghi approved ECB stimulus of long term bond buying plan (Europes QE stimulus), which seemed to work for us, and which we are just ending. Pt up $12.00 and Bid 1282.

  • Reply to

    Another Day PLG Outperforming the Physical

    by jackgotney Jan 20, 2015 3:59 PM
    jackgotney jackgotney Jan 20, 2015 5:22 PM Flag

    Hopefully for the winter (what bears do LOL). This is so bullish we could be recovering to over $1.00. Up 7% on 6 times the average volume, closing close to the high? Those hyenas only bark when the price is falling.

  • Cheers Longs!

  • jackgotney by jackgotney Jan 20, 2015 11:43 AM Flag

    It looks like we dipped and recovered to flat. We may have double the average volume by Noon. Metals continue climbing. Pt Bid $1279; Pd Bid 773; gold bid $1294

  • Reply to

    CHINA GDP BEATS ESTIMATES

    by buyplatinum Jan 19, 2015 10:29 PM
    jackgotney jackgotney Jan 20, 2015 9:19 AM Flag

    Little 2.78% pop in Palladium leads metals higher this morning.

  • PLG was up over 11% or 17 times that. I guess the bashbash poster isn't going to gloat today.

  • Reply to

    Reply to dtowntrone

    by bigsee4c Jan 9, 2015 3:30 PM
    jackgotney jackgotney Jan 16, 2015 3:01 PM Flag

    You can see how the treasury rates have dropped recently due to deflationary fears. The 10 yr is at 1.77 currently and the 3 year is about .75%. If they do raise lending rates in that kind of environment it will be or seem contrived and unnecessary.

  • Reply to

    Reply to dtowntrone

    by bigsee4c Jan 9, 2015 3:30 PM
    jackgotney jackgotney Jan 16, 2015 2:00 PM Flag

    I agree. The article might be pro-China biased. But but their forecast for 2014 of 8% was pretty on the mark. And their new forecast is for 2015 is 7%, so if that is accurate the rate of slowing growth is slowing!

  • Reply to

    Reply to dtowntrone

    by bigsee4c Jan 9, 2015 3:30 PM
    jackgotney jackgotney Jan 16, 2015 12:30 PM Flag

    cont...
    That turnaround came after a meagre 2.3 per cent increase in November, the worst month in terms of sales growth last year. Despite a single-month pick-up, the weakness in the economy has taken a toll on the world’s largest auto market, with sales turning sluggish since August, when growth slowed to 4 per cent and then 2.5 per cent in September#$%$ said vehicles sales this year are expected to see a stable growth of 7 per cent, in step with the wider economy. But the exports markets would remain uncertain because of the political instability in some countries in the Middle East and Eastern Europe, he said. The association has forecast exports to drop by another 5 per cent to about 860,000 units this year from 2014.

    My point was basically that it is still growing, and not a recession expected.

  • Reply to

    Reply to dtowntrone

    by bigsee4c Jan 9, 2015 3:30 PM
    jackgotney jackgotney Jan 16, 2015 12:28 PM Flag

    Thanks, I checked google. I had looked at a report for December where it showed auto sales there up over 13% over a year ago: But for the year it was only in the 7% or 8% range for 2014 and that is expected to continue into 2015 (China Assoc of Auto Manufacturing expects 7%): This (from the South China Post - Economic section on the vehicle sales growth dip): clarifies the picture a little:
    China’s vehicle sales growth dipped nearly 7 per cent last year as domestic sales sputtered in a slowing economy, with exports also falling short of expectations. Vehicle sales for the year rose to 23.5 million units from 21.98 million units a year ago, with the year-on-year growth rate dropping by 7 percentage points from 13.9 per cent in 2013, the state-backed China Association of Automobile Manufacturers (CAAM) said on Monday. The association had forecast 8 per cent growth.
    Sales of commercial vehicles, at 3.8 million, saw a bigger dive last year, falling 6.5 per cent from the previous year. Passenger car sales growth remained stable at 9.9 per cent year on year, with a total of 19.7 million vehicles sold. “The economic slowdown weighed on vehicle sales in 2014 but the drop in commercial vehicle sales was also caused by stricter emission regulations,” said #$%$ Yang, secretary-general of CAAM. Global economic uncertainties also dampened exports, which were weaker than the market expectation, #$%$ said. Exports for the year dropped 6.8 per cent to about 910,000 units. “In particular, the economic conditions in China’s major exports markets such as Brazil and Russia were weak last year,” #$%$ said. Vehicle sales saw a significant rebound in December, growing 12.9 per cent to 2.4 million units from a year ago, setting a record for single-month auto sales. to be cont....

  • Reply to

    Reply to dtowntrone

    by bigsee4c Jan 9, 2015 3:30 PM
    jackgotney jackgotney Jan 16, 2015 12:12 PM Flag

    Slowing growth with auto sales growing only 10% in latest report. A slowdown over there is when growth drops below 10%!

  • Reply to

    100 share Trades bolstering stock Price?

    by erchitect67 Jan 15, 2015 10:35 AM
    jackgotney jackgotney Jan 16, 2015 11:25 AM Flag

    same

  • Reply to

    Reply to dtowntrone

    by bigsee4c Jan 9, 2015 3:30 PM
    jackgotney jackgotney Jan 16, 2015 11:22 AM Flag

    Believe it or not it was only 6 months ago Pt was at $1500. It appears that Pt double bottomed in the high $1100s in the last two months and has begun to recover. This certainly helps all those predictions of Pt averaging in the $1300s in 2015.

    Palladium is still up from $700 a year ago. It rallied as high as $900 and fell back to $745-750-ish, a support level which as already held 3 or 4 times this year. This level is being tested again today so time will tell. It seems to be holding for now which is good. Physical demand may conquer speculation in this case. I think some people may be confusing slowdown with recession. I think the weak Euro and added expected stimulus may prevent a recession there. I for one will be in France for 3 weeks in May so that should help bolster the economy there as well. Inflation seems to be noticable in China. I think RE development there should take a pause, but manufacturing maybe not. Automobile production is still growing strong which is good for the Platinum Group Metals. Time will tell on this one. Don't know for sure, and time will tell obviously, but I think banks and countries will be working hard to avert recessions. One good thing with stimulus for metals is that it is inflationary, so with the deflationary fears and slowdown fears, stimulus over there seems inevitable. That is probably why metals soared (and euro dropped) when the legal hurdels were cleared for the ECB to do a QE stimulus.

  • jackgotney jackgotney Jan 15, 2015 1:53 PM Flag

    FYI - In my last sentence in the previous post, " I mean if there were more of them PLG might suddenly become a little more expensive. ", to be less ambiguous, by 'them' I meant, 'people who can spell and add', (in case you didn't get my drift). - cheers. Solid buy and long term hold at these prices with less invested than if you were buying the physical.

  • jackgotney jackgotney Jan 15, 2015 1:25 PM Flag

    People who buy shares of PLG are definitely not morans. The UrbanDictionary defines 'moran' as the following: "Top Definition ... Moran. The preferred method of spelling "moron" by morons".
    But that doesn't mean we are morons. At least we know how to spell 'm o r o n'. LOLOLOL. We also can do math. Can you, mr 'bash'? If you do some math you can figure out mathematically you are buying shares in future Platinum concentrate at a big discount. I believe they eventually will mine at least 50 million ounces of Pt concentrate from their properties at an average cost of lets assume $500 (it is projected to be lower on average). They will sell the concentrate at 85% to spot which would be at current prices about $1070. So that would mean a profit margin of at least $500 on each ounce, after cost of extraction. What is 50 million * $500.00?. I figured. If you can't add, you probably can't multiply. But if you learn to multiply divide the result now by 751 million shares and you can see you are getting about $33 worth of future platinum for each share of PLG for only .43. That is a big discount, about 1 penny on the dollar. Isn't it amazing how many people can't spell, or add? I mean if there were more of them PLG might suddenly become a little more expensive.

  • Reply to

    Platinum Prices

    by dtowntrone Jan 15, 2015 8:30 AM
    jackgotney jackgotney Jan 15, 2015 10:20 AM Flag

    Pt and Au both up about 2.7% now to about $1260 bid. Pd up almost 1% to bid $781. This move, if sustained, has a real positive impact on future cash flows expected to begin at year end and ramp through 2017.

FSLR
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