Saturday, May 4, 2013

Longer Term Investment Idea for Those Interested

First an article of why Solar Power is getting its second wind, which I believe it is. 

First Solar is making good money now and their latest earnings release around April 9 and their 2013 guidance was a big surprise to Wall Street.

You can read all the headlines here and do all sorts of other research with the categories to the left.

Here is a 2 year chart of FSLR.  Price on top, volume on the bottom. The volume does suggest interest is picking up.

And here is a 6 month chart that focuses on the effects of the surprise earnings. It does not appear to be a flash in the pan, but the start of a long move upward.  Thrust up, profit taking and "consolidation" then another thrust up.  Makes for a beautiful chart is it keeps going.

This certainly appears to be a solid company in an industry that is still out of favor.  A lot of people got burned as FSLR fell from 140 to 26 in the last couple years.  They would rather xxx than buy FSLR again.  They probably don't even look at it anymore.  That is one of the elements that makes it a great potential buy.  2nd mouse gets the cheese ?

Well, it's hard to buy when the market is at an all time high.  If you're still interested the best way is to average in.  Buy a little (20% of what you're willing to risk), then a little more in a month (another 20%), and so on.

I currently don't own it because I'm more into short term riskier ideas, but it sure does look attractive longer term.

Good luck if you're interested and I will be watching it daily.  If I see anything worth noting outside of the typical market ups and downs, I will post it immediately.


  1. Thank you - my friend!
    will look into it --

    1. Carol-CS, Very welcome. Good Luck if so. Again, I think the general market direction is going to have most of the influence here.

    2. Carol-CS - Actually, it was just guidance for 2013 earnings they released, the actual earnings release is today after 4..

      First Solar, Inc. to Announce First Quarter 2013 Financial Results on Monday, May 6, 2013Last update: 4/29/2013 2:39:00 PMTEMPE, Ariz., Apr 29, 2013 (BUSINESS WIRE) -- First Solar, Inc. (FSLR) will report financial results for the first quarter ended March 31, 2013, after the market closes on Monday, May 6, 2013. The Company will hold its quarterly conference call to discuss these results and outlook for 2013 at 4:30 PM ET. Investors may access a live webcast of this conference call by visiting . An audio replay of the conference call will also be available approximately two hours after the conclusion of the call. The audio replay will remain available until Friday, May 10, 2013 at 11:59 p.m. ET and can be accessed by dialing 888-203-1112 if you are calling from within the United States or 719-457-0820 if you are calling from outside the United States and entering the replay pass code 7149955. A replay of the webcast will be available on the Investors section of the Company's web site approximately two hours after the conclusion of the call and remain available for approximately 90 calendar days.

  2. Nice 15% drop recently.

    Buy the dip?
    Got a hunch, bet a bunch.

    1. No One knows where a stock or the market will go. Today looked like a sell the news reaction, where short term traders take profits and move on regardless what the earnings news is.


    2. I bought 200 shares on the dip.
      Some mid cap growth fills a hole. Probably going to have to be patient.

    3. Good luck, if it was a sell the news, the selling should be pretty much over today, all things equal.

    4. Patience. Yea, it surely won't go up in price at the rate/angle it has been the last few weeks.