FSLR...Thoughts

[AJLightning]

What do you guys (or gals) think about FSLR as a swing trade? This thing flucuates like my ex wifes weight...it's insane!! Down $2, up $4, down $3, up $5...any thoughts? Cramer loves it, when ever someone ask him about a solar co., he always points them toward FSLR

[Thierry Martin]

Looks like a good swing trade to me.

1176

[AJLightning]

Time to get in?

Just a swingin'...da da da....just a swingin'

[AJLightning]

Sell short?? Any bets??

[Thierry Martin]

I think long or short the $70 level is good. I would go long.

1222

[cramerica1972]

I think long or short the $70 level is good. I would go long.

1222thierry,cramer said on his show to get out of solar stocks b/c there is too much supply.you agree with him?

[AJLightning]

"There simply is an excess of solar, which should lead to dramatically lower prices in this group," Cramer said. This is why he believes people should sell every single solar stock they have in their portfolio, including his solar pick First Solar

[Thierry Martin]

thierry,cramer said on his show to get out of solar stocks b/c there is too much supply.you agree with him?

I don't trade off news, but on supply and demand for the stock in question. The news will be reflected in the price, I'm sure it affects it, but I use the price movement to determine where to get in and out. Maybe Cramer is right. But I wouldn't get out of a particular stock until I saw the warning signs in its accumulation or disribution.

[LeoR2D2]

It didn't sound like he was just knocking current supply and demand, he pointed out 3 (or was it 4) new solar IPO's coming out soon. That's a lot of new supply coming.