First Solar: Terrific Earnings, But Enormous Multiple [View article]
I'm still in the "Short of the Year" camp for this stock. Too much hot money trying to chase past returns. And also too high of expectations. Even if the company simply meets earning estimates, it'll probably drop since so many investors are expecting too much from First Solar.
It's P/E is above 100 currently, even Google couldn't survive that high.
Shorting this down to the $100/range should provide for easy money.
First Solar Sell-Off Is Overdone [View article]
First Solar: Terrific Earnings, But Enormous Multiple [View article]
It's P/E is above 100 currently, even Google couldn't survive that high.
Shorting this down to the $100/range should provide for easy money.