Yep. Makes zero sense. In fact it makes such little sense, that it makes me wonder what they really intended by putting it out today. I want to say it's not the first time DB has done this on a Friday, but this is a new low putting it out on a Friday on a closed market day long holiday weekend. Toss in the Greek vote and you have to wonder why they did this today?
Doesn't matter quite as much anymore, but still worth noting.
Yeah, short sales shot way up yesterday and I'm guessing about the same or higher today. It seems like everyone else knows the solar game plan, except for us little guys. I know I feel pretty lost. Have for a year now while we watch solar grow and continue to grow only to watch all of our stocks sink and sink farther. There are perfect "excuses" to run these solars up and make money that way, but they choose to keep them down and push them down further when they're down. They'd rather run up ef-ing GoPro and other nonsense stocks. That have a questionable storyline. Does solar have a questionable storyline? Guess I'm drinking too much koolaid, because to me all I see is stability and growth over the past couple years. It's been an incredibly frustrating year and a half and I keep hanging on until one day we finally get all these shorts out and make them realize there's a growth story here. They can go long and make money on it.
Best solar company? Maybe a couple years ago, but not anymore. I can tell you what's wrong. Thin film is cooked. I own SPWR, TSL and JKS. Wouldn't consider buying FSLR because the long term prospects aren't good when they can't keep up with the higher efficiency guys who are now also in cost reduction mode. The problem with FSLR is their product is no longer that great, all things and other offerings considered.
$100? Really? Q3 2016? Oh my. You're kool aid must be extra sweet. I'd love some, but I can't bring myself to drink that. I'm long SPWR and will be for quite some time.
Shorts and window dressers are feasting on us. And Trina, as usual, remains silent as they have most of the quarter. What, we get an earnings "surprise" that launches us from 10-12 bucks this time? Frustrating being a shareholder.
End of the quarter. Big hands are taking profits. Window dressing. They just love sticking it to us solars like this at the end of the quarter. But it wouldn't hurt if SPWR could pre-announce something in the week or two to come. This CAFD looks like a big flop, so some update on capacity expansion and orders and such would be of benefit.
Happens every quarter, we get pounded like this. No need to panic. Profit taking going on and shorts are going along for the ride making this the typical bumpy ride at quarter's end. Nothing has changed with Trina's outlook. If anything, they could post even stronger numbers in Q2 due to some revenue recognition on the UK plant sale, further manufacturing cost declines, stable to slightly rising ASP, etc. However, it has been rather disgusting to not hear from Trina much at all this quarter. They're so good at being quiet. The only real concern I see is this correction that everyone has been wanting for over a year now. If we wait long enough, it WILL come and they'll finally be right. But for the past year, they've been wrong. If Icahn goes on CNBC enough times saying that the crash is coming, eventually it will!
If it were an American company, sure. But let's not forget WS seems to hate the Chinese. And solar as well, unless its some company with monster debt, like SUNE. I've been holding JKS for over a year now with the $40 thought in my head. That's not gone well. Meanwhile, garbage like SUNE keeps going up thanks to all the pumping it gets.
Let's hope so. He's traveling the world, but let's get some volume buying in here today. At least break 1M shares for heaven's sake!
Yeah, the IPO was beyond disappointing and watching us drift down again today makes me a bit sick to be a shareholder.
No relationship, unfortunately. Chart doesn't lie on this one. We've not gained on the back of Chinese market rally at any point. And on a day-by-day basis there is never a correlation either. I keep hoping for one, but there is not. Different country, different market participants, different stock price performance sad to say.
This is not the case in technology. Technology comes and goes. FSLR has come and is now going. Keep drinking Cramer's kool aid if you must, however. It'll be a nice capital gains loss to take at some point I suppose.