Not as familiar with SCTY, but momentum was broken with the 2 downgrades yesterday. That said, it will go higher with the sector.
You could do a pair trade. I like FSLR, SPWR, CSIQ in that order. A lot of analysts are still bearish so it's a hard short. I'm not buying more shares/calls at this price, but I'm not selling either.
It's better to be conservative on the revenue estimates. I would rather get a chance to buy more shares in the teens than have what I have go up too fast. Were in the 2nd or 3rd inning of a major move.
conference starts in 45 minutes - they sent the headlines to the wire services - check your brokerage account news - etrade has the headlines
Might hold it down after the nice run-up. Need to know what the pipeline is for next year and pricing trends.
I would call this a nice raise in estimates
CNBC has to be angry they didn't have enough time - greenberg has hated this stock and they seem like they have an agenda against certain stocks.
Now I know why he is a short - you would be angry at the world if you looked like him.
Hope you didn't sell,
He will be on fast money shortly so we will see if there is anymore reaction, but I called 380 last night and stick by that.