Quote:
Originally Posted by rafiki
Btw holy FSLR. Gonna have to put that on watch. Eventually that sector is going to be loved again right?
I don't know, on the 20th we have above average volume, this is the news:
https://finance.yahoo.com/news/first...132501922.html
I don't think it changes that much.
BTW, right now FSLR on a GAAP basis sucks a lot in 2017-18 terms.. The graph sucks, and I don't see oil or nat gas recover or going higher, so I don't see how FSLR could make money.
The shareholders equity is jucy, though I need to look at it more carefully because probably it's not worth $50/sh.
Also, the stock is out of the S&P500, so there is more supply(?).
I don't know... at $28.42 it seems juicy, but I do not expect some bounce anytime soon for the sector.
Right now I have also no idea on who's going to make the bigger sales on the sector, probably Tesla, with the Hawaii plant is rising as the up& coming genius of the solar industry and the narrative told to the fools in the market is that they are going to have the biggest penetration and for First, canadian and the other chinese manufacturers is game over...