Please Note: Blog posts are not selected, edited or screened by Seeking Alpha editors.

FSLR

|Includes: First Solar, Inc. (FSLR)

I knew when Jefferies spoke of their bullish call spread strategy ahead of FSLR earnings release, this stock would retreat.  And sure enough, after the release, FSLR traded down $5.  A few weeks ago when FSLR was near $103, some analyst came out with a sell recommendation and a price target of $85.  Obviously, when you hear something like this on CNBC or other popular national media, the prudent thing to do is always the exact opposite of what the analyst of firm is recommending and you will make a lot of money.  Cramer was complaining of "malaise" near the end of June, and July turns out to be a banner month.  I always absorb all of these things and process them, but do what I think is prudent and usually that is something different than what I am being "pitched".  So far, I like what I read on Seeking Alpha.  It is my favorite new source for investing information and ideas.


Disclosure: no positions