It is hard to pump 15 cent moves on volume that is running half the average. Things might be slow around here for a while.
Pretty tough to argue, nothing might happen until a few weeks before earnings. This thing has gone into a low volume funk before. Usually there is a trigger that sets it off again. It is impossible to say what that might be.
Hope you are right about sooner rather than later, but this consolidation period will probably continue until we get some company specific news. Volume has dropped which means the momentum players have moved on. Might be kind of dull around here for a while.
Aimless slightly positive drift for the rest of the day. Little jealous of those folks over at SCTY. We are overdue for a day like that.
Happy Thanksgiving to all, see you in December.
Close above the 50 DMA
Close near the day high
All seemingly good technical indicators, mean almost nothing with this stock. Predicting this stocks movements day to day is almost impossible. Let's hope we get some follow through tomorrow.
You can say that again, it is the agony and the ecstacy. A little to much agony for me lately. That is why I just purchased, albeit on margin. My luck at calling these swings lalely has vanished.
Puhleeeze. It cant even hold $30.50. If it is over $31.00 by Friday's close I will be doing a jig.
If you mean Friday the 29th of Nov 2013 I will kiss your bare #$%$ in Times Square on New Years Eve. Friday next week who knows? But it aint going up 10% in two abbreviated trading days.
The last two days it has bounced off it low and then traded mostly sideways the rest of the day, still finishing decidedly red. I see no reason why this day will be any different. Would love to be wrong but don't see it.
I am open to suggestions. Even some of the big solar boosters on Motley Fool and other places have not proffered a theroy. Really none have even acknowledged it yet. Unfortunately it is here. Some have suffered worse than SPWR and FSLR certainly has weathered the storm better, but none have escaped.
I will put that "Clowns" calls on SPWR in the last year up against yours any day. You are the one who told us to short at $21.00. If he is a clown what does that make you? Saying things like "Solar is a fad" begs the question about who is a "clown."
It is tough to go wrong investing in XOM. I bought a few years back in the $30's. Now it is $90.00 plus all those dividends. My Grandfather bought Standard Oil of New Jersey the ancestor company of Exxon in the 1930's . $5000 turned into a million by the 1980's. Exxon has been one of the greatest investments in the history of mankind. Buffet knows this. If you own a company that sells a product that people will send their youth overseas to die for, chances are the producers of said product will make a lot of money. XOM has been around much longer than the current government of Iran, and they have a much clearer idea of what they are doing.
FSLR has a PE of 12 that is hardly excessive in a market that is hitting all time highs, yet it is getting taken down with the SPWRs SOLs and CSIQ's of the world. Not quite as much but still taken down.
That may be true but what does that have to do with solar? Very little oil is burned for the generation of electricity. Almost none in the USA. A little worlwide mostly in big oil producing countries.
in the last week or so. It is funny, because as a whole they really have never been stronger. That being said perhaps a period of consolidation is in order. It is aggravating when the market is at all time highs, solar is going in the opposite direction. Better than 15% correction in a week on no news. Just have to weather the storm.