Andrew Ling

The Oil Shortage, and Other Fairy Tales

The secret to my success has been to never follow the advice of analysts. I'm amazed the downgrade had such an effect on FSLR yesterday especially considering that while downgrading the stock they had the upgrade the price target from $150 to $200. Basically this shows the lack of credibility the company has. If they had kept their opinions up to date the stock would've had a higher price target to begin with which they could've later lowered. Personally I haven't changed my price target in 18 months. When it was $30 I put on a $400 price target based on earnings potential + inherent value. seekingalpha.com/autho...