View Full Version : Fslr 250+ ?
MrSer
02-11-2008, 05:37 PM
http://seekingalpha.com/article/64037-first-solar-should-again-crush-estimates-wednesday?source=feed
I like to hear opinions too. I think everyone already excepts them to beat expectations. If they don't beat by 100-200% i think this stock could tank. I believe we can see this stock at at least 250+ by Friday. It has mammoth growth! Solf and sol looks good. Sol just ipo'd a week ago @ 13$. Its currently around 11.30. Pick some up. Thanks.
piggybank
02-11-2008, 06:06 PM
I had a position in Fslr. Managed to sell it with some profit but could have gotten more out of it, but i wanted some liquidity in january and Fslr's PE ratio's were to scary to stick by it.
If it doesn't produce the whooping expected results, then prepare for a firm dive. I just don't have the proverbial testicals to speculate on the stellar gain scenario atm. There are plenty of company's in the market who are at a much lower PE and have very solid earnings, profit's, growth expectation's etc and that could double just as well in a optimal scenario, and that look much better for a long term prospect with the PE ratio.
However, i continue to hold a position in 5N plus, the largest resource supplier to Fslr. They are expanding their operations with a new factory in Germany, next to the new Fslr factory there, to supply it with CdTe from june 2008 onwards. Production and sales should go up 100 to 150% this year. The company has a nice revenue and rising profit, and not nearly as high a valuation as Fslr has. It's fairly new as a stock (issued dec 2007) and performed failry good in januari, apparently much less affected by the januari dip in solar. If Fslr is going to expand on it's sales, then that will eventually benifit 5N plus simmilary, but 5N plus is valued at a much lower PE.
As to seekingalpha, i really don't know how much brain i must accredit to that site. Don't get me wrong, i'm no expert by far in stocks or economics. Thing's said out there are just a tad over the top imo.
MrSer
02-11-2008, 07:54 PM
I can't seem to find the ticker. I found a Toronto one and a pink sheet one. They were both up 5% so i guess its it. Thanks for your information its a good way to play fslr. Good luck with your investing.
piggybank
02-13-2008, 01:48 PM
Fslr did beat expectations, 200Mil sales on expectations of 180 and good rise in profit to. Shares rise more than 20% today already to 220-230 range.
For Fslr this is still well under it's 280'ish high.
Related to this, 5N plus, The largest supplier of resources to Fslr (there is another, non listed one) rose 10% today, to over 9 canadian dollar.
For 5N plus, this is actually a new high. This is one of my best performers so far trough the crisis since its well in profit for me with it's new high. it's also one of the few stocks i didn't sell on the downturn, with cause as i see here.
Rise of sales for FSLR should be a very good sign for the whole solar market. I expect solar to regain well the next days.
piggybank
02-13-2008, 04:41 PM
Fslr atm: + 29% at 227 from a high of 280+
5n Plus: +18% ,new high at 9.85 cad from previous high of 9.10 or so.
My thought would be that FSLR might continue to rise for the following days as it usually does on improved quarterly figures.
noobtrader
02-13-2008, 04:53 PM
First Solar is just a beast up over 50 bucs. I knew it was going to happen but I just didnt have the cash to get in before it did lol. I got JA Solar though and FSLR earnings helped JA out so I guess I profited a littler out of it.
MrSer
02-13-2008, 05:05 PM
Good day for me and other fslr share holders\option holders. Solar will end this week higher imo.
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