I’m very bullish on the solar sector right now, following numbers out of VECO and FSLR. Based upon guidance, I feel FSLR trades up to $80. AIXG warned and the stock is barely down.
Look, had you gone long solar and short gold/coal/silver when Obama got reelected, you’d be a very rich man today.
Have a looksy.
Solar
Gold Miners
The republicans lost their power in November and now they’re losing all of their money. The tea party folks are up to their ears in physical gold/silver and other pro-inflation plays. CRUSHED!
A cynic would suggest this is being done purposely to weaken the donor base. I do believe in coincidences. However, I do not believe in them when it comes to the government.
At any rate, pro-liberal stocks continue to do well. Under a welfare state, free lunches and free solar panels are all the rage. Step up to get your tax credits and prepare to pay egregious sums of money in capital gains taxes off your solar investments wins.
Top solar picks: RBCN, GTAT, YGE, WFR, SPWR, FSLR, JASO
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Got in the last time you mentioned FSLR was going to $80. Thank you senor Fly.
TAN your ass.
I sold out of RBCN after being spanked by some analyst. He sent it to 4.90.
Same analyst is saying it’s going to $12 now
Watch SCTY, as well.
Michelle Bachman is the focus of a criminal investigation (Mineapolis Star-Tribune). The Tea Party theme is “lose all your money and get booted into jail”.
Capital gains on solar stocks should be exempted from taxation, so as to encourage the development of their product. An equal tax credit should be permitted.
Fly,
If you are in them for momo that’s fine. But please don’t talk about FSLR “earnings” and “guidance”. Earnings can be whatever they want it to be given the pipeline rolling off, and the 2015 guidance number is beyond laughable. Basically ASP’s are not going to move for 3yrs while their costs plummet (i.e. nobody else will reduce costs either). it is BEYOND stupid. It’s more over-valued now than it was at 120. they have no biz. and if they did, they wouldn’t make you wait 3yrs to find out what margin they get on stuff they sell today.
Because Tea Partiers only invest in gold and silver and have no concept of diversification. At least based on your theory they didn’t get in the elite’s favorite hipster stock $AAPL and ride it down from $700 to $400. Seems there is plenty of investment stupidity to go around.
I’d love to see a chart showing the number of “BUY GOLD NOW TO PROTECT YOUR RETIREMENT ASSETS” commercials per hour on conservative radio, YTD.
Whereas on Liberal programming you get ads on how to sign up for all the new government assistance programs created by Obama and Jarrett. At least the gold buyers work for a living, pay for their own food, and buy their own cell phones.
mark is too common a name.
Rush must be loading up on the oxycodone what with the price of gold
One thing that happens every year is Fly calls a sell off early, gets impatient and starts loading up.
We finally sell off and he curses the market during the summer clawing back all his missing gains(usually successfully).
TRUE!
Gold has certainly been crushed. However, it still remains in a long term uptrend. If you guys think for a minute that our government will not eventually take us all over the cliff you are just not paying attention.
I loaded up on tri-corner hat calls and lost a fortune!
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