I only question the timing. Well, the motives too, of course.
If you enjoy the content at iBankCoin, please follow us on TwitterNEW YORK (TheStreet) — Shares of First Solar (FSLR) were falling in pre-market trading on Friday as the stock’s rating was cut to “neutral” from “buy” at Goldman Sachs late yesterday.
The firm has a $42 price target on shares of the Tempe, AZ-based solar energy solutions provider, the Fly reports.
“Solar stocks appear to be reflecting the challenging cyclical environment that has emerged in recent quarters,” the firm said.
Additionally, Goldman said that 2017 system bookings seem “unlikely to materialize” at this point in the second half of 2016, the Fly notes.
Goldman also downgraded Solar Edge (SEDG) to “sell” from “neutral” in the note, upgrading Sunrun (RUN) to “buy” from “neutral” and Vivint Solar (VSLR) to “neutral” from “sell.”
Solars are piece of shit until they are not. Especially FSLR. I am in this from 2013 with you for a move to that 100. Goldman marked the top exactly with an upgrade this year. Now they are downgrading at its low. Shorts make a lot of money faster on FSLR than longs in my opinion. Still i am optimistic.. Crap!!
Hey, at least you were taken from $35 to $70’s multiple times. lol
True. We had our chances. Been holding since ’13 as well. Quite a ride
DB poppington
u trade what GS et al manipulate and rig whichever way. that proverbial “ride” is in the end you getting ridden, “profits” notwithstanding.
I bet you’ve been ridden all year. I’ll measure with you any day, princess.
measure what? it’s all a giant scam and it’s stealing your life away. i’m very comfortable with my positions seeing the endgame for what it is.
i spoke with senior GS bond guy regularly, and if you heard what was really going on behind the scenes, you’d take a good hard look in the mirror and see who the princess really is. 😉
njoy staring at the tickers and graphs.
So am I! That’s the thing. If not participating here makes you feel good because you already know the ending, good for you.
That crowd will have it’s balls stomped first before it happens. They always do.
if this is a dick measuring contest for u, then it wont be a fun ride…. if ur balls r susceptible to getting stomped it too aint a fun ride. if ur an addikt, then i suggest a good 12 step program…. it’s really a rigged rotten game that sucks your attention in and gives you what in essence is accounting gimmicks.
i njoy popping in here of late — it’s fun to see calls and opinions and bragging rights on the ultimate chimeras..
The other side of that stupid fucking comment is to see you here, with enough confidence to troll.
methinks ur vagina is a tad sensitive today. i’m just sharing my opinions, esp since we’re referencing GS, which from my firsthand experiences, is one evil mother…. but hey, what really is stupid fucking in the end?
and out of respect to your soapbox, if you really deem me a troll with stupid fucking comment, then i can leave this here place. i dont mind. up to you.
Come chat. Post an opinion. Come here telling me I’ll be the one getting ridden, we’ll have problems.
Let me do what I do. You do what you do. I don’t envy your job, giving handjobs to Goldman execs. I didn’t check that same box on my application.
The Swatter, there is a theory in psychology that, much of the time though not always, what we say to others is more true about ourselves than about the person we say it to. Here is a quote from you:
“if ur an addikt, then i suggest a good 12 step program…. it’s really a rigged rotten game that sucks your attention in and gives you what in essence is accounting gimmicks.”
If you feel this is true of you yourself, then perhaps you should follow your own advice. If not, just ignore your advice, of course.
On the Internets, many people jump at the chance to play the know it all, while being safely anonymous– no one knowing for sure what your market experience actually is. Except for people like Jeff, who has a track record that many are aware of.
But in real life, we are just all sitting by ourselves at our computers–either facing what we are experiencing in the market and elsewhere — or else running away from it & pretending it’s not happening.
@ frog: my addiktions are all in check, day at a time, thx. and 12 steps r usually anonymous… i am far from a know-it-all, but i did share what i actually experience, though perhaps i misunderstood or didn’t catch what was really happening.
sitting here facing what is happening vs pretending what is/isn’t happening is precisely my points above — this is a pretend “market” heavily manipulated with little true price discovery, momentum/technicals chasing notwithstanding. that’s why i refuse to day trade. i do long macro trades best i can, which is the narrative i believe in — keyword: narrative. sometimes i’m wrong until i’m right, and many times i’m just plain wrong, but i do it knowing how fucked this game is…
& Jeff thought i was telling him specifically that he was the one being ridden, when i meant it as a generality of “market” participants, day trading in front of their tickers and charts all in a sense chimeras as fucked with behind-the-scenes….
funny you mentioned addiction though (not to mention the handle option addict), bc that very senior GS bond douche got shitcanned for drug and sex addiction, the very same guy that blew up a multi-billion dollar bond offering in a few months and laughed about it calling it fraud — he aint laughing so much now…… didn’t mean to offend anyone here… keep piling into AMZN and NFLX all y’all stock jockies!
Yes, I will indeed keep piling into AMZN and NFLX, although I am not a short term trader myself either. Each to our own, to what works for us, in trading/investing and in life.
Hard to know whether someone has an addiction or not, unless U R inside their body. And even then, one can be in denial.
We all know– or could find out, if we climbed out of denial– what is working for us and what isn’t. Hard to know for someone else.
Interesting story about the GS bond douche.
impeccable spot for $TWLO – bot some oct 63s
market is being Harambe’d today.
It was getting Harambe’d earlier. Time will tell. Nothing matters but the close, as the saying goes.
GS – I’d own their stock and trade their recommendations like it’s opposite day, every day. They’re great at making money, and great at manipulating the masses to their benefit.
Carpe diem.
You can’t always safely fade them. Every once in a while they tell the truth in order to confuse people. But certainly if you fade them consistently over time, you make more money than you lose.
Solar bookings have remained strong, they will rebound because the narrative that solar is not competitive at these lower oil/gas prices just doesn’t hold water.
I got punched in the balls getting in solar 20% higher, but I am holding for sure, not sure I have the balls to double down. Cost averaging can also be gambling.
Career choices – weather channel field reporter or rodeo clown – toss up I’d say
I love Fridays where the premiums are gone…but today sux the big RABOSKI
The DAY after they also cut $TSLA…shaaaaaaaaaady
I dont know why some folks are logging in apparently just to slam Jeff. It would be more interesting to indicate what sectors or individual stocks you think are about to rally or should be shorted. A lot of these posts are more emotional than technical and we have enough of that during the Presidential debates.
We’re going through so much chop that it seems people are feeling more uncertain than usual, and less willing to risk making a call.
People are not wrong to do this. If you don’t know WTF to do, and have no edge, there’s no law against being in cash.
I moved to 65% cash. The aggressive nature of this market with a softening real estate market, lower earnings, and inflated P/E- I’m not feeling much upside in general.
Where is the growth? Semis? Amazon to infinity? Chinese burritos?
I’m watching oil, healthcare-bios, and big tech like CSCO, GOOGL, BABA, BIDU, etc.
A friendly Friday reminder of what holding a bunch of out of the money options feels like. Wonder if this is worse or the 4 hours (literally) of traffic I’m about to endure picking up my family from DC airport. First world problems. Good weekend to you gents
Short idea: FPI
Short down? Smoked in the last two weeks
More downside if dollar strengthens. Domestic Ag could be in a world of hurt again if the dollar takes off. REITs are already being sold off, why not pile on?
Still a dollar bear here…but see your point.
Oh, interesting. I’ve been thinking lower dollar the whole way, but with the current currency moves in GBP, Yen, Aussie dollar moves in combination with getting hammered on my basic materials-commodities-chemicals stocks before getting out last week, I was beginning to think I’ve been on the wrong side.
You think this is just a massive squeeze before capitulation?
Big reversal candle today on some volume.
Here’s the weekly I’ve been following. Nice rejection of a breakout.
http://ibankcoin.com/option_addict/files/2016/10/dollarweekly.png