Tuesday, October 14, 2014

Yes, We Are Aware Of The Largest U.S. Solar Manufacturer (FSLR)

We use it as one of our sentiment indicators. Starting about five weeks ago the sentiment went from la-la-la-la-la to we're all gonna die:
Chart forFirst Solar, Inc. (FSLR)
Today the stock is up 4.97% to $53.02 and we're not touching it (yet).

We traded this thing, in public on the blog from $20 to $311 and back, with so many 10% earnings release move it makes the 31% collapse pictured above look boring so yes we are familiar with it.

More to come, probably after the mid-term elections.