The dip in solar stocks is looking smooth and buyable so far. I’m not kicking over shopping carts and earning the scoffs of housewives like when I go after the last rotisserie chicken at KRO at 8pm (near market close) but I am reading the labels and deciding if I want to add another solar to my cart.
As you know, I’m still long shares of FSLR. I think this stock has big upside potential, but it may need a bit more time before setting up for another leg higher. In the meantime, shares of SOL and STP are trading well.
I bought back my CREE position this morning. Why sell a winner? Stupidity that’s why. I need to get better at sitting on 10%+ gains like the noble Senior Tropicana. Other morning actions: I sold some of that ZNGA I added yesterday and paid for a weekend of booze, bars, whores, and debauchery in the process. As Fly will tell you, market gains are to be used for the superfluous only. Don’t be a bish about getting it while it’s here, boy.
Also, it turns out the earnings reaction in TSLA was, in fact, an over reaction. Developing…
Have some charts you freaks:
