JASO and Solar stocks

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?

Comments (2)

 
May 20, 2013 - 2:40pm

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.

 
May 20, 2013 - 11:17pm
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