Duece8282

Andy Holmes

Real Money Earned: $101.84
Location: Kansas City, MO
Member Since: 7/17/08
Portfolio Total:$4,805,069.47

Stock Analysis: 3

Portfolio Start Date10/28/08
Annualized Return:357.7%
Total Return:380.5%

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Stock Pick by Andy Holmes

FSLR: Market too Optimistic About FSLR

Start trading FSLR with real money!

Rate Analysis

1 ratings

Posted 205 days ago on 4/30/09

Market call:FSLR will go DOWN
Target: $180.50 on 5/30/09
Current: $121.18 (-35.30% from time of market call)

I believe FSLR is overpriced by about 3-4% based on market optimism not being supported by actual numbers. The stock rose about 22% today on a simple earnings report... but the Gross Profit figures show only a 19% rise from last quarter. (225.16 / 189.1)

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Comments

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Robert Stanger

Posted 9/30/2009, 2:51 pm

no, it was foolish for the stock not too.

Andy Holmes

Posted 5/4/2009, 3:37 pm

Bleh, it was foolish of me to think the stock would stay down 3-4% for an entire month.

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