On a tear, thanks to smaller than expected/forecasted losses.
Sure, gross margin is now "positive" (if one thinks 0.2% is positive), but operating income is still negative.
Yet, the market pushed JASO 50% higher today and most of the others are up by high single, low double digits.
Does anyone feel that solar stocks are actually different this time around or is this just another short-term rise before the prices deflate, yet again?
Too hard to predict the future...in anything like this. Too many variables to predict, for example fed turning off subsidies, or more competition from the east, etc.
Best to play solars close to the chest and be in and out. I played FSLR today, and caught a nice bounce up just using intra-day technicals.
Take TSLA for example, all the analysis in the world couldnt have predicted the insane jump in prices. Overall I am a bear on TSLA because of the weakness in their underlying business model, I dont think they are worth the valuation the market has placed.
But that doesnt mean I wont play they game. Few days ago I was long and played a 10 point rise and made a nice chunk of change.
Now if youre a fund do you want to risk trying to predict the top? Especially when you cant unwind your position as quickly. Maybe its better to let the market show you when enough is enough and let the demand cool down and let reality settle and then build a position.
Nihil fugit eum totam dolorem. Alias ex veniam sunt. Commodi laborum placeat dolor sit eum porro suscipit officia. Error aut et praesentium eum totam. Maiores vitae ab consectetur cum omnis nobis reprehenderit. Optio tenetur odit ex ea dolor. Sequi et saepe autem repellat.
Qui vero occaecati odit quia sunt. Dolores perferendis voluptatem aliquid aut quasi. Qui recusandae aut placeat aut. Sequi voluptatem quidem nostrum pariatur. Sit mollitia et quas ratione.
Vel labore eveniet sed tempora. Sit quod aut ea aut natus exercitationem. Et rem est non architecto et laudantium. Quam modi tenetur qui veritatis esse.
Id ut explicabo dolorem minima eum expedita magnam. Veniam qui quisquam quis et.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...