Andrew Ling

PBW: Strong Performance, High Level of Risk

Very typical article from a typical retail investor. The fact that a stock has appreciated lately has little to do with whether it's "expensive." e.g. one of the most "expensive" stocks in the market right now is Ford Motors, a company with no future. This is why institutional investors continue to buy FSLR while they continue to sell Ford. Along with AMD they're the only two stocks I've ever considered shorting. Glad I went long FSLR instead. A stock that has recently appreciated may indeed be more "risky" but even this is not necessarily true. Valueline has FSLR and SPWR, the only two solar stocks covered, rated at 3 or average for safety. If you still don't understand why the smart money is still long FSLR read this article:

seekingalpha.com/artic...