The solar stocks have really been burning it up recently. We like all green tech at this website, and not as a political statement, but just as an opportunity at times to enter when they are beaten down. That was the case on 4/6 with FSLR. There was a video update 6 weeks ago about the green tech stocks. FSLR was on fire today. At the lows in early April, investors were cool to the idea of owning the solar stocks, but they really warmed up to the them today. I only invest or position trade in a stock when the interest has gone cold, not when it’s red hot. So the barn-burner of a rally today was a good time to sell the remainder of the position. There are times to buy, and there are times to not buy, or even sell. When the weak hands’ hands are frosty, it may be time to buy. Conversely, when the weak hands’ hands are warm and tingly, it’s probably time to hot foot it out of the position.
why are people bullish on FSLR when they’re liquidating all their assets and won’t be retooled until next year, looks like the company is confused about what they’re doing.
Because it’s “broken out”, so they’re in extrapolating mode.