Holy hell! I poured a large amount of my available money into the stock over the past 12 months. Buying small chunks at a time. I remember feeling sick as I was purchasing shares for $29 and wondering if I was making huge mistakes. I work for a power company and feel that companies are going to make large investments in solar in the coming years. That was my thoughts on why I should keep buying the stock even as it was falling south.
Inevitably there will be many "longs" who will sell tomorrow to secure a few thousand in profits. Maybe even more. But those who really are in it for the long haul will sell for millions. Traders make thousands. Investors make millions.
Listening to management, I can't help but remember back the past few quarters conference calls. Management are straight shooters. They are conservative in their forecasts and whether luck or skill they have been very savvy in their decision to skip series 5 and go straight to series 6 while leaving flexibility with their series 4 lines to capture a rebound in demand and pricing for solar modules. If they tell us the future is so bright you gotta wear shades (reading between the lines), then I believe them.
Are there any after hours quotes?
And here we go...reiterate my forecast of $60 within a year and $120 in two years. Although I may have to raise the $60 to next week...
Damn this stock is a rollercoaster but I love this company! Happy day. Been in it for a couple years, off and on, been some tough times along with SPWR. It always makes big jumps on earnings day for good or bad. World is changing fast. Solar will dominate. These companies are making the world a better place. Keep that carbon in the ground where it belongs!!
I am not sure why this stock is not worth 70 dollars. They have cash of 2 B out of 4.7B market cap. They are earning 50 cents a quarter. And their real low cost product is not yet out. FSLR is best solar investment.
i just told my manager i'm not coming in to work tomorrow. I need to celebrate.
Looking really good here folks. $60 is not far fetch...
Raise FY 17 guidance to $2.00-$2.50 vs $0.59 analyst consensus. At $49 AH this feels awfully cheap still.
Trump will stop you all with coal! Just kidding - congrats to all longs.
First Solar, Inc. (NASDAQ:FSLR) Stock Rating Reaffirmed by Cowen and Company Posted by Andrew Steele on Jul 27th, 2017 // No Comments First Solar logoFirst Solar, Inc. (NASDAQ:FSLR)‘s stock had its “outperform” rating reiterated by stock analysts at Cowen and Company in a research note issued to investors on Tuesday. They currently have a $52.00 price objective on the solar cell manufacturer’s stock, up from their previous price objective of $47.00. Cowen and Company’s price target would suggest a potential upside of 14.44% from the company’s current price.
OMG, the shorts are gonna get crushed. The conference call is all really positive news. Bigger valuations for all of their projects. More demand. Series 4 sold out. Series 6 progressing well.
Solar is the future. We can't avoid it.
Think about it. The stock is at $45 while working on diminished capacity off of series 4 panels and hasn't even completed the Series6 transition. Could you imagine next year ? Will it get to $90 (if $45 is them at half speed)
I'm not to encouraged by this selloff before earnings
As I said earlier - the sun will shine ... kudos to all longs who stayed strong since $26 this year ... good job longs!! \m/
That was excellent.... $60 is in reach...
I was sad I didn't in at 30 but if I think this is going to be 100 what's the difference I got in at 45 and I'm happy